UK households have built up over a staggering £117 billion of savings after being cooped up at home since the start of the pandemic.
Education Articles
ONLINE PENSION SCAMS ARE ON THE RISE.
More than two thirds of savers believe that they would be able to spot a pension scam if they saw one.
Starting your own business: mistakes to avoid
Starting the journey as a business owner can be an exciting and rewarding experience, however, it is important to avoid money management mistakes and learn how to take calculated risks that will benefit your company. With a sizable number of new businesses failing within their first year, it’s important to learn from past entrepreneurs’ mistakes to avoid them yourself in the future.
Life Insurance
Life Insurance is a policy that pays out a benefit (usually a lump sum) on the death of the life assured.
Investing for all
With just a couple of weeks to go until the tax year ends, many investors will be finalising their plans to use up their 2020/21 allowances, including the annual £20,000 ISA allowance.
Lockdown Lessons: The Chance To Learn About Money
Lockdown home-schooling may be testing the patience of many parents around the UK, however in terms of resources, things have developed since the start of the coronavirus pandemic.
Vital Family Support Comes from Over 50’s
Over the past ten years, the Bank of Mum and Dad has become a regular lender for young people around the UK.* For first time house buyers, it has become common to receive a loan from parents to establish a foot on the property ladder, with research this year showing nearly one in four home purchases are backed by “the Bank of Mum and Dad”.
Getting Back To Pensions
Over the past year, the world has been on hold with coronavirus having a huge impact in all aspect of financial life. Perhaps naturally, so have your future plans. Undoubtedly, this has brought concerns for those with pensions saved in volatile markets.
ISAs
It seems fair to suggest that everyone would like to put aside a bit of extra money when they can, and an ISA could be a smart way to do so. With the extra positive that they come with tax free interest, ISAs can be an efficient way of making your money work for you.
Back to School
Summer is finally drawing to a close, and parents all-round the UK are probably breathing a secret sigh of relief for the return of a routine and no more desperate attempts for entertainment without breaking the bank. The holidays can be pricey, not only with the various activities, but with preparing for the new school year. We’ve explored a few ways you could save yourself a few pennies at this time of year.
Bank of Mum and Dad
The reality for many young adults nowadays is that they can’t leave home without The Bank of Mum & Dad.
