Empowering People With Financial Knowledge and Tools Necessary to Save More Money, Spend Wisely and Secure Their Financial Future
Many people are unaware that formal pension isn’t the only way to save for their retirement. A Lifetime ISA is a good option. A Lifetime ISA (LISA) is a dual-purpose ISA, designed to help those saving for either their first home or retirement. It was launched by the government to […]
Start saving now I recommend you start saving right now no matter how little you can put away. Don’t put off saving as the sooner you get into the habit the better off you’ll get overtime. If you have debts, it’s worth paying that off first before you start saving. […]
These are instant access savings account; these types of account are simple bank accounts that gives you easy access to your savings. They allow you to deposit as much money as you like into the bank account. It also enables you to withdraw your savings at anytime whenever you want […]
Notice savings accounts work in a different way to Easy Access Accounts. With these types of accounts, you don’t have the flexibility of withdrawing your savings whenever you like instead you must give your provider an advanced notice that you intend to make a cash withdraw. The notice period will […]
These types of accounts allow you to deposit a single lump sum for a set period. The account offers a fixed interest rate on your money for that set period. You will receive interest every year that you have the bond, and this interest rate is fixed for the duration […]
I am on a long road to improve my finances. My goal for the past two years has all been about learning basic financial management skills, attaining knowledge and experience crucial to managing my finances properly. Also, I had to adopt a Budgeting System that works for me which has […]
Money can be such a stressful topic. Talking about money can even be taboo among close friends and family members. Recently, at work I was having a conversation about why it is so difficult to get on the housing ladder. This led to me asking my co-workers the following questions: […]
Many of us are always committed to improving our financial situation with a view of either achieving or maintaining financial security. Achieving financial security is an admirable goal, but only a handful of people know where to start. If you’re thinking or starting to take steps towards achieving financial security, […]
At the moment top current bank accounts are paying up to 5% interest yet a huge number of savers are either unaware of it or continue to keep their money in banks that pay next to nothing. Although, these rates are certainly attractive, most banks have a range of terms […]
In today’s world being a young adult is difficult, we are facing lake of social housing, high renting cost and low paid Jobs if you are able to secure one. It’s important that Personal Finance is something we think off now rather than later as a lot of young adults […]