In this special episode of The UK Flooring Podcast, recorded live at the Harrogate Flooring Show, we sit down with Harrison Smith, a financial advisor from Emerald Associates, to discuss everything from retirement planning to managing your money wisely. Whether you're a business owner, flooring professional, or simply someone looking to get a grip on your finances, Harrison provides actionable advice for everyone—no matter where you are on your financial journey.

• Start Now, Not Later: Harrison stresses the importance of starting financial planning as early as possible, whether you’re 25 or 50. It’s never too late to start, but the earlier, the better.
• Financial Planning Isn’t Just for the Wealthy: There’s a misconception that financial advisors are only for the rich. In reality, financial planning is for everyone, regardless of income level.
• The Power of Budgeting: Learn to budget effectively to keep track of your income and expenses. This helps you plan not just for tomorrow, but for the next 6, 12, or 24 months.
• The Financial Pyramid: Harrison breaks down financial planning into a pyramid:
• Base: Protection, such as life insurance and income protection.
• Middle: Wealth accumulation, focusing on growing your money.
• Top: Spending and enjoying the rewards of smart financial planning.
• Avoid Common Mistakes: Many people rely on their business or property portfolio as their "pension." Harrison explains why this approach is risky and offers better alternatives.
• Pensions & Tax Relief: Harrison outlines how pensions are a tax-efficient way to save for retirement, especially for business owners.

• Learn more about Harrison Smith https://www.emeraldassociates.co.uk/partner/harrisonsmith
• https://uk.linkedin.com/in/harrisonsmith3713?trk=public_profile_browsemap

Where to find us:

• Website:https://theukflooringpodcast.co.uk/
• Instagram:https://www.instagram.com/theukflooringpodcast/
• YouTube:https://www.youtube.com/@cockerillco6141
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• Episode Sponsored By: https://www.instarmac.co.uk/products/ultrafloor/
• https://www.instagram.com/ultraflooruk/
• https://www.tiktok.com/@ultrafloor

Produced by Cockerill & Co Reach out on 01325 952548 or email [email protected].

• Website:https://www.cockerillandco.co.uk/
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