Irregular income, no employer sick pay and responsibility for your own tax bills make cash planning more important when you work for yourself.
Yet, many people have little to fall back on; the Financial Conduct Authority (FCA) reports that one in ten UK adults has no cash savings, and a further 21% have less than £1,000 available for emergencies.
In its 2024 Financial Lives survey, the FCA also found that 24% of adults (around 13.1 million people) had low financial resilience.
We have put together a guide that sets out a practical framework for building, protecting and optimising a resilient savings plan.
