Whether you’re just starting your retirement planning, trying to support your growing family or at the end of your career and need an extra income to bolster your savings, side-jobs can be the differences between a happy and sad retirement. Throughout my life, I’ve always had a full-time job and a side-job that helps to …
Read moreHow to Earn Extra Money in the UK – 101 Ways For 2021
I’m not a millionaire, I don’t have a huge salary, in fact I’ve never made more than £50K in year, and neither does my wife, she earns about £37K year. We’ve also got two kids, a dog, a mortgage, a car loan and have two decent holidays, as a family each year. We live well, …
Saving money comes down to one thing, spending less than you earn each month, If you earn £1,000 and spend £800, you’ll save £200 each month. This £200 that you save each month, could be the difference between retiring a millionaire, or not retiring at all. The below table shows what happens if you save …
I often talk to people about their financial situation, and while I don’t give advice, I talk to people about where I’m investing my money and how I’m doing towards my financial goals. Remember, like many of my peers, I want to retire early, I really want to be done in ten years, aged 50, …
Read moreWhats in My Investment Portfolio and How Am I Doing?
We’ve talked in the past about cheque’s and what is the appropriate way to write a cheque so that you don’t have a problem when it comes to paying in a cheque. The most important part of the writing cheque process is your signature, which in the UK today, is the number one reason for cheque’s bouncing. …
Property is one of the best performing assets classes over the last 20 years. As a consequence, more and more people are buying second properties to rent out and benefit both capital appreciation and rental income. Over the last twenty years, research shows the average property price in the UK has increased upwards of 250% …
Despite what many financial advisers will tell you, investing does not have to be complicated. In the UK today, most people start saving money into company pension plan in the early part of their career. As they rise through mid-management in their late twenties and early thirties and their salary starts to increase, they have …
Pensions are hugely complicated, and therefore you must get proper financial advice while making sure your loved ones are looked after, and your pension costs are being kept to a minimum. Below are ten questions that we have received from across the website on a range of different subjects surrounding everything you need to know …
Read morePension’s Q&A: This is What You Need to Know About Your UK Pension
In the UK, every month there are upwards of 50,000 remortgage applications approved. This is up from 40,000 in 2016, and while they have dropped significantly in the last few months due to the effects of the Covid-19, remortgaging is still a large part of the UK property market. There are many reasons to re-mortgage …
Read moreUK Property: How Long Does A Remortgage Take in The UK
Ten years ago retirement and access to your state pension for women was age 60, and for men 65, but in the last few years, changes have been made to bring both qualifying ages in line, and a phased increased for both sexes. Today, you need to be 66 to retire and access your state …
If you’re going to buy a home, or you’re looking to re-mortgage your current home, the first step is usually looking at a mortgage and understanding how much you can afford to borrow. Over the last twenty years, houses across the UK have increased in value by a huge 210%. As a consequence, as of …
Read moreHow Long After The Property Valuation Do I Get The Mortgage Offer
In the UK today, once you’ve hit the age of 65, and as long as you have met a few conditions, you’re allowed to start claiming your state pension. As the rules stand in 2020, you can start claiming your state pension as long as you’re 65 years old, although it is scheduled to rise …
Read moreUK Pensions – Six Ways to Bolster Your State Pension
In the UK today, research shows there is approximately £19.4billion worth of lost pension that could easily be claimed with a little research. Before the 2008 Pensions Act, that said every employer in the UK must put staff earning more than £10,000 per year must pay into a workplace pension scheme, company pension plans were …
Read moreUK Pensions: How Do I Find My Lost Pensions From The Past?