Are You Financially Thriving — or Just Coasting? Mid-Year Check-In for Business Owners and High Earners
Providing easy-to-understand financial advice.
July is the perfect time to pause, reflect, and reset — especially when it comes to your personal finances.
If you’re running a business, earning well, or sitting on a few old pensions, you’ve probably had that little voice in your head whispering:
“I should really sort that out…”
Let’s make this the month you actually do it.
I’m Rachel Edwards, Independent Financial Adviser and founder of Thrive Together Financial Planning. I help busy professionals and business owners get clarity and control over their financial world — with practical, human advice that helps them thrive.
Here are 4 powerful ways you can take stock this summer and set your future up to flourish.
Still Got Forgotten Pension Pots? It’s Time to Track Them Down
If you’ve had more than one job, chances are you’ve got multiple pensions scattered around — and no idea what they’re invested in, how they’re performing, or what fees you’re paying.
I often meet people with:
Four or more old workplace pensions
Missing or outdated beneficiary nominations
Higher-than-expected fees eating away at returns
No idea when they can actually retire
Sound familiar?
🧭 A pension review can help you understand what you’ve got, whether it’s working hard enough, and what steps you can take — without committing to a big financial overhaul right away.
This is one of the simplest ways to regain control, reduce future stress, and build real confidence about retirement.
Business Thriving? Don’t Forget to Protect Your Personal World
As a business owner, it’s easy to pour all your energy into growing your company — and forget to check in on your personal protection.
Ask yourself:
If something happened to me, would my family be financially OK?
Do I have a Relevant Life Policy in place to protect my loved ones tax-efficiently?
Is my income protected if I can’t work for a few months?
🛡️ Protection doesn’t mean expecting the worst. It means building a financial safety net so your family, your staff, and your future self are secure.
This is especially important if you’ve had children, bought a home, grown your business — or just haven’t reviewed anything in the last 5+ years.
Received an Inheritance? Plan Before You Spend
Inheritance can come with all kinds of emotions. Whether you’ve received £30,000 or £300,000, many people aren’t sure what to do with it — and often sit on it out of guilt, fear, or decision fatigue.
Here’s how I help clients make use of an inheritance:
Create a simple plan aligned with your values
Prioritise clearing debt or investing for the long term
Ensure the money works for you and doesn’t get eaten away by inflation
Protect it with a Will and/or Trust where appropriate
✨ You don’t have to decide everything at once. But doing nothing could cost you in lost growth, poor interest, or unintentional tax bills.
Mid-Year? Mid-Life? It’s Never Too Late to Reroute
July is the halfway mark — and it’s a brilliant time to ask:
Where am I now?
What does “thriving” look like in 5, 10, or 20 years?
What small steps can I take to get there?
Whether it’s retiring early, reducing tax, investing surplus business profits, or finally updating your protection — you don’t have to do it alone.
📩 Drop me an email at rachel@thrivetogetherfp.co.uk.
Let’s Talk — Without the Jargon
If you’re a business owner, high earner, or someone navigating multiple pensions or sudden wealth, I’d love to help you make sense of it all.
I offer a friendly, no-obligation 30-minute consultation to help you understand where you are and what’s possible.
Sometimes, peace of mind starts with one simple step. Together, we’ll get your financial life thriving — not just surviving.
Book a free consultation today: www.thrivetogetherfp.co.uk/contact
⚠️ This blog is for informational purposes only and does not constitute financial advice. Tax rules depend on individual circumstances and are subject to change. The value of pensions and investments can fall as well as rise. You may get back less than you invested. Always seek personalised advice before taking action.
