Tag: investing
-
The Best Way for Tradesmen to Save Money
Saving money can be difficult for many tradesmen, especially when income changes from month to month. Some weeks bring in several payments at once, while other periods can be quieter. Because of this uneven income, many self-employed tradesmen fall into the habit of spending money as it arrives. When a busy period comes along, it…
-
How to Build a Financial Safety Buffer as a Tradesman
Running a trades business often means dealing with unpredictable income. Some months are busy and profitable, while others can be quieter than expected. On top of that, unexpected costs can appear at any time. Van repairs, tool replacements, delayed payments, or a sudden gap between jobs can quickly put pressure on cash flow. This is…
-
Why So Many Tradesmen Are Busy But Still Broke
You leave the house at 7am.You get home at 6pm.Your phone never stops ringing.You’ve got work booked for months.Yet somehow, you’re still worrying about money.You’re busy, exhausted and wondering: “How can I be working this hard and still feel broke?” If that sounds familiar, you’re not alone. Thousands of self-employed tradesmen across the UK are…
-
How Self-Employed Tax Works for Tradesmen in the UK (Complete Guide)
Understanding tax when you’re self-employed can feel overwhelming at first — especially if you previously worked under PAYE where everything was handled automatically. Many tradesmen earn good money but still end up stressed every January because nobody properly explained how the self-employed tax system works. The good news is that UK self-employed tax is actually…
-
How Much Tax Should Self-Employed Tradesmen Set Aside in the UK?
Want help calculating exactly how much tax you should save? Use my FREE Tradesman Financial Toolkit which includes: • Tax Set-Aside Calculator • Cash Flow Forecast Planner • Tradesman Net Worth Tracker • Apprentice Cost Calculator • Annual Tax Planning Dashboard Most self-employed tradesmen in the UK don’t struggle because they earn too little —…