Financial Planning update: Why cash is not always king
Wednesday 6 October 2021
The pandemic has caused financial hardship for many, with many industries still facing uncertainty. However, for those fortunate enough to stay in work, or be covered under the furlough scheme, there has been an opportunity to save and build up their cash reserves. This is due to limited spending opportunities on thing such as foreign holidays or meals out. With many working from home, the lack of a work commute has also allowed people to save on their travel expenses and have reduced monthly costs.