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 […]
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 […]
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 […]
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 […]
If you are looking to make your money grow month by month while getting a decent return on interest you should consider opening a Regular Savings Account. You can get an exclusive access to high interest rates with monthly savings accounts. With some accounts you can earn an impressive 2.75% […]
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 […]
When it comes to putting money aside for the future, it’s all about creating a realistic budget and having discipline sticking to it. However, we all have bills and rent to pay every month among other expenses. Some people have debt’s to repay or emergency situation such as car breakdowns […]