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…
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.
You can’t take two steps on the internet without tripping over a new get-rich-quick scheme or the latest mentor promising you fast, easy results.
In some respects, our finances are no different to a car. They too could often benefit from a bit of fine-tuning from time to time to ensure they’re running at optimum performance and that our investments are working as hard as they might.
Does it often feel as though your finances are here, there and everywhere? Keeping track of exactly what money you have, where and what it’s doing for you is a difficult task.
TSB haven’t had a good time recently, and the same can be said for the nearly 5 and a half million customers who still couldn’t access their accounts after 7 days of technical meltdown.
A benefit of pound cost averaging is the good behaviour it instills in investors.
Following the financial crisis of 2008 when a number of big British banks came close to collapsing, the Financial Services Compensation Scheme (FSCS) was strengthened by the government.
It’s not easy to achieve self-made millionaire status, so it can’t hurt to look at the habits of those that do manage it.
Saving for a home through a Help To Buy ISA or know someone who is? There is a planning opportunity which could boost your savings.