Some Financial Advice

1 · Mike McQuaid · April 4, 2023, 9:34 a.m.
I’m sporadically asked for financial advice related to personal finances, self-employment, and small business, so I wrote them down. I hope you find some of it useful. I would be surprised if you disagree with none of it. I’m based in Scotland, so these assume the UK financial/tax/employment system. Each list is in order of descending importance. Personal Spend less than you earn, and spend significantly less if you earn a lot. Build an “emergency fund” that covers several months of unexpected ...