Saturday, Jul 04.
Dear Scorpio, you may be called in to help a friend or a relative sort out their financial situation. This person may be elderly, or a very young person who has just got their first job and has no idea of how to run their finances. Sit down draw up some basic graphs and schematics and use all your considerable patience to explain everything: what is what, and how much available income they have after basic expenses. Devise a savings and investment strategy too, and if need be, put them on an “allowance”. Remind them that even people earning a good salary can go bankrupt if their spending outstrips their earnings!