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How to protect your money as a high earner

*Collaborative post.

Financial security is what almost everyone strives towards.

For high earners it is of particular importance — to try to protect the money they are earning — as there is more to keep safe.

But, how exactly can we achieve this?

 

How to protect your money as a high earner picture

 

If you want to make the most of your assets, take a look at three of our top tips:

 

  1. Careful budgeting

Some high earners feel that they don’t need to budget. Frugality, after all, has long been associated with people earning a low income.

However, budgeting can benefit everyone — however much they earn. Monitor your money, and you’ll be less likely to face unexpected shortfalls in the future.

By creating a weekly or monthly cash flow on a simple spreadsheet, you can plan your outgoings and lifestyle in advance. Better still, carry your cash flow with you as an uploaded document on your phone or tablet, and you can look at it whenever you feel the urge to overspend.

You don’t just stand to protect your assets; you could become more confident in financial handling, too.

 

  1. Contingency funds

Budgeting isn’t just useful — it’s essential. If you put aside a certain amount of money each month, you can be prepared for any financial situation, including emergencies and changes of circumstance.

Though nobody wants to face a costly surprise, they can occur at any time. Building a contingency fund means you will be able to deal with it much better.

It could be particularly helpful if you need to take unpaid leave from work, for example. That way, you won’t have to worry about covering bills and maintaining your usual lifestyle during that period.

Equally, a fund may come in handy if you ever face redundancy. You’ll then have enough money to tide you over while you secure new employment.

Prepare well, and you can always remain financially secure.

 

  1. Pension plan

You’ll no doubt know the value that a pension plan can offer. As a high earner, you will have garnered a state pension through national insurance contributions as well as building a private or corporate pension along the way, too.

At state pension age (currently 65), Brits have the opportunity to either claim or defer their acquired sum. A deferred pension, for example, increases by a small amount, once its owner has retired. A private pension can be drawn earlier – usually around the age of 55.

Although you may be a long way of retirement age now, it’s useful to plan ahead and decide on the best option for you long-term. You can then start to save effectively. You could always consult a financial adviser to work out the best route for your retirement.

You work hard for your income, so it’s only right that you want to protect it. Follow the right steps, and you can secure your finances, both now and for the future.

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Grey Interior Decor for Living Rooms

*PR samples and Affiliate Links.

When it comes to interior decor, like most things; I always go for quality over quantity. Clutter makes my head ache, so I like my living spaces with as little furniture as possible. I only go for items that are pretty and useful, and those that would allow me keep the space clutter free. A well decorated living room is always liked and admired by many. There is nothing like entering a living room, and every furniture is in the right place. Attention to detail is everything when it comes to interior decor.

The grey shade is a popular neutral colour for interior decor. It is one of my favourite shades when it comes to balancing our a room with neutral tones. Here are 3 great grey decor items for living rooms –

 

 

Grey Cushions

Updating your living room with cushions is cheap and easy. If you are after spicing up with your living room interiors with a small budget, go for updating your cushions in the right colours and design. I currently have my eye on this Grey Velvet Cushion by Baytree Interiors. The cushions come in a good size – 45X45cm, and price – currently on sale for £15.16 at the time of writing.

I love the velvet material, it is so luxurious and looks great for modern or contemporary living rooms. The cushions come in other colours as well – Navy Blue, Pink, Teal, Orange, Mustard, Emerald and Aubergine, if you prefer some brighter colour.

 

Interior decor tips for living rooms image

AmazonBasics Heat Insulating Blackout Curtain

I love grey curtains and this AmazonBasics Heat Insulating Blackout curtain is a great decor option. I love the fact that it is blackout. That is great for the current season, as the last thing I need is to wake up when the sun comes out. They are great for bedrooms and living rooms as they help keep the sunlight out.

The shade is perfect if you are after a neutral look, and the price is even more perfect at £27.99 for 168X137. I love it!

 

 

Curtains for Living Rooms image

 

 

Sienna Large Soft Shaggy Floor Rug Mat Runner Carpet

I am so in love with this Sienna Large Soft Shaggy Floor Rug Mat Runner Carpet. It comes in a beautiful silver grey colour, with a twisted lighter grey non-shed fibre highlights for a sparkling effect. It is suitable for the living room, kids room, bedroom and even the hallway depending on the layout of your home. 

This lovely looking rug comes in sizes – 80X150cm, 120X170cm and 160X230cm.

 

Sienna Large Soft Shaggy Floor Rug Mat Runner Carpet 5cm Non-Shed Pile image

 

What do you think of these grey interior decor items? Did any catch your eye?

 

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