take action with finwell challenges

WHAT FINWELL CHALLENGE WILL YOU ACHIEVE NEXT?

  • Deal With Debt

    Un-manageable and spiralling debt can be crippling and facing it is the first step to taking back control.

    Choose this challenge to learn to take the next steps to deal with debt and improving your financial wellbeing.

  • Check Credit File

    You may know what your credit score is but have you ever checked your credit file to ensure you have the best rating possible?

    Choose this challenge to learn how credit and debt work and what you can do to ensure the best credit rating.

  • Get Better With Budgeting

    It seems so simple doesn’t it? Just budget a bit better! But we’re not taught these skills at school and most of us learn the hard way.

    Take this challenge if you’d like to find a way to manage your money that suits you!

  • Build An Emergency Fund

    Financial Resilience is a huge focus for FinWELL with most people having less than £500 set aside for unexpected bills and costs.

    Choose this challenge to learn how you can build up some financial resilience and peace of mind.

  • Create a Savings plan

    They say that you can’t hit a target that hasn’t been set!

    Take this challenge if you’d like to start saving towards a specific short-term goal (under 5 years), learn what options are available and how to make your money work harder to help you achieve it!

  • Explore The property ladder

    Are you looking to get onto the property ladder as it can seem a bit of a minefield!

    Choose this challenge if you’d like to learn about relevant savings schemes, mortgages, deposits, interest rates and ways to make your dream of a new home a reality!

  • Explore Investing Options

    Investing our hard earned money can seem complex and even scary but it doesn’t need to be!

    Take this challenge if you’d like to learn the basics around our annual investment and tax allowances, the various options and risks involved and ways to get started.

  • GET AN UP TO DATE WILL IN PLACE

    Research suggests that 1 in 3 people do not have a Will in place but why should this be of concern to you?

    Choose this challenge to learn why this might be important to you, the consequences of not having one and the various options and costs.

  • Review Insurances & Benefits

    Many of us don’t know that we could potentially save money by reviewing our insurances.

    Take this challenge if you’d like to find out how you can protect what’s important and save money while understanding key employee benefits at work.

  • Nominate Pension Beneficiaries

    Nominating your pension beneficiaries could be such a quick and simple thing to do and could have a huge impact on your family.

    Take this challenge to understand the consequences of not doing this and how you can ensure your hard earned money goes to your loved ones.

  • Review YOUR PENSIONS

    It can be so easy to put this off and leave until another day but this is a key challenge to take at the earliest opportunity.

    Reviewing your existing pensions and contribution amounts could have a huge impact on how your funds grow and what type of lifestyle they could possibly provide for you in later life.

  • Plan Your Retirement

    It’s never too early to start planning for later life and particularly important if you’re 15 years away or less.

    Take this challenge to understand how much you might need to achieve your desired lifestyle, how to boost your income potential, how to make it last as long and how to pass it on tax-efficiently.