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 […]
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 […]
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 […]
Help to Buy ISA is a good option if you’re a first-time buyer saving for a mortgage deposit. The government will will boost your savings with 25% bonus on top of what you save. So, for every £200 you save, you receive a government bonus of £50. This could mean […]
A Regular Savings Accounts requires you to deposit a sum of money each month without a fail, so they’re best suited for those who are just starting to save for the first time or those who wish to save a specified amount of money each month in a disciplined way. […]
Individual savings accounts also known as ISAs works pretty much in the same way as any other savings accounts. Unlike a standard savings account with ISA, you don’t pay tax on interest earned. They’re arguably more efficient and rewarding investment compared to other saving accounts. Interest rates can be fixed […]