On Tuesday, 3rd November 2020 the United States will go to the polls to elect its next President. All the indications are that Donald Trump will stand for a second term and if the words of Bill Clinton – “It’s the economy, stupid” – are to be believed, he will win.
As autumn approaches many students are preparing to start university for the first time. For most, this will mean leaving the place they grew up in behind as they embark on a life far from their home comforts.
The Bank of Mum and Dad is a well-known concept and we all hate to see our children struggle financially, which is why many parents continue to support their children well into adulthood.
Since the Brexit vote, ‘staycations’ have become increasingly popular. This is unsurprising – for many people, going to the bureau de change has become an uncomfortable experience of seeing their hard-earned pounds transformed into a pitiful equivalent of euros or US dollars.
The Middle Ages are not generally associated with multinational banking. However, during the 15th century, Florence’s Medici family built a banking empire that dominated Europe for a century.
Except for property, we rarely invest our money into something we can actually use, let alone anything that is going to give us hours and hours of fun. Even if you invest in gold, which might sound like a more interesting option, it’s not as if you can actually wear your invested gold as jewellery…
By 2030, it is estimated that one in five jobs in Britain will be automated. When you consider that the workers currently doing these jobs pay income tax, this may pose quite a problem for the Inland Revenue. One solution that has been suggested is that of a ‘robot tax’.
The new girl on the block, in terms of saving products, seems like she may not actually be around for much longer. LISA, or the lifetime ISA, is being threatened with abolition by a Treasury committee, having only been on the market for 16 months.
August used to be known as the ‘silly season’. Everyone who made the news was away on holiday, nothing happened and newspapers were desperate to fill their pages. So rather more obscure stories made it into print…That, of course, was before Donald Trump. And Brexit. And Venezuela, Argentina…
Pensions for children? Surely that’s taking planning ahead to a whole new level? Nonetheless, if you can afford it, putting money aside in to a pension for your children or grandchildren can be a sensible option.