One of the most satisfying parts of being a Financial Planner is encouraging our clients to spend their money.

We do this responsibly, of course.

Once we have determined that the client has sufficient lifetime cash flow to see them through, attention can turn to how they might spend their cash to fulfil long-held goals.

In the shorter-term, there is a more pressing need to spend money which requires less careful consideration.

From Friday 5th May, the old cotton-paper £5 note will no longer be accepted as legal tender.

The currency doesn't become worthless from Friday; you will still be able to exchange it for a new fiver at the Bank of England, pay it into your bank account or use it at the Post Office.

You might still enjoy the excuse to round up any old fivers you have lying around and spend them this Bank Holiday weekend.