How much of your wealth should you hold in cash? Often viewed as the ‘safe’ option that is secure and reliable there is a real danger that holding too much cash will cost you a fortune in the long run as it’s value gets eroded away. t’s easy to see why people choose to hold…
One of the things I’ve done during lock down is clear through my filing cabinet in my office at home and whilst doing so I came across one of my first payslips.
A grand total of £1,035.85 after tax. I distinctly remember thinking how an extra £500/m would feel and how ‘rich’ I would be.
Needless to say that in that time our lifestyle has drifted.
Sometimes deliberately such as having two children, a few house moves and at other times through lifestyle drift.
Even simple things like TV subscriptions. In 2008 we add no Netflix, no Amazon Prime, no Dinsey Plus, no Sky TV.
When it comes to Financial Planning though there a 3 types of drift that are near fatal to your financial planning and each for very different reasons.
Many of us now have a lot more spare time on our hands.
This time, spent at home complying with government guidelines, can prove challenging, but also a welcome opportunity to explore new hobbies and interests.
According to new research, over 60s plan to spend more time enjoying their homes and gardens.
One of the unfortunate consequences of the coronavirus pandemic is a rise in scammers.
During challenging times, scammers seek to take advantage of the uncertainty to con people out of their hard-earned money.
Did you feel happier when you heard the news about Prime Minister Boris Johnson leaving hospital?
Over the past decade, many changes have been made to the UK retirement savings environment.
This has had an impact on how and when we believe we can retire. How has this affected your own thoughts on when you can retire?
How are you getting on with balancing homeschooling and work? Schools have closed for the foreseeable future, all exams cancelled, and parents across the UK find themselves at home having to support their children’s learning and education. On a positive note, this gives parents the opportunity to teach their children everyday life skills – things…
One of the foundations of proper financial planning is having cash savings. Despite the importance of this cash buffer, a surprisingly high number of people have no savings on which to fall back during unexpected tough times. New research by National Savings & Investments (NS&I) has found that nearly a quarter of people in the…
With the UK on lockdown because of Coronavirus, many over-50s are looking for the best way to earn an income without leaving the house.
We look at a few simple ways you can earn extra money from home.
Before you consider purchasing a property or renting a house, deciding where to live could be one of the most important decisions you make. Get it wrong and you will either be unhappy with where you live, or face the costs associated with moving home again. Thankfully, the annual Halifax Quality of Life survey can…