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A credit card can help. Many credit cards allow you to set a limit for monthly spending to keep your daughter’s spending in check, said Michael Cocco, a certified financial planner with Beacon Wealth.
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Registered Office: Beacon IFA Ltd, Red Lion Square, Tredegar, Gwent, NP22 3pw. beacon ifa Ltd is registered in England & Wales. Registration number 07765591. As a mortgage is secured against your home it could be repossessed if you do not keep up your mortgage repayments.
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"Beacon has provided me with financial advice for all personal and business matters for the last 8 years, the service has been second to none. During this time the team at Beacon IFA have played an integral part in helping me achieve my business goals with sensible investment strategies and tax-planning.