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, …
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 2020
Pensions and ISA’s are a great way to protect your hard earn money from the taxman. When you invest into either an ISA or a pension fund, you pay no tax on the growth and no tax on any dividend income. The good news, both are great investment platforms that you should be taking advantage …
Read moreI Got Pay Rise Last Week. Should I Pay More Into My Pension or ISA To Save For The Future
Making money on the stock market is not as simple as buying a few company shares, waiting for a few days, selling, and making money. In all honesty, I wish it were this easy. I wish everything I bought went up in value, and wish I never lost money. Sadly, I have and will continue …
Read more10 Investing Rules I Follow to Make Money on the Stock Market
Across the world, there a lot of money held in stockmarket related companies. Statistics show that Global Stock Exchanges hold around £100 Trillion in early 2020. While this will have taken a major hit with the effect of the Covid-19 Virus, this figure will be eclipsed in the coming years given the prominence of the …
Read moreInvestment Advice: Financial Advisor Vs. Stockbroker
Investing in the stock market is a brilliant way to grow capital. You buy well-established companies that have excellent growth potential, and as long as you hold those assets over the long term, you have a 90% chance of making money. The problem, approximately every ten years, the stock market in the UK enters a …
How do you invest one million pounds? The short response, you have a lot of choices, but it starts with a couple of decisions to make in terms of investment length and risk level. It then moves on to the choice of investment and how complex that investment needs to be. If you think this …
Read moreInvestment Advice: How to Invest One Million Pounds
There are many different things that go into having bad credit; bankruptcy, late payments, credit searches, default debts, and plenty more. The thing is that each of these has a different impact on your credit, and for different periods of time. Bad credit is not something that goes away the next calendar year but eventually, …
An IVA is something that can negatively affect your credit and your life for a long period of time. However, IVA, if done right has the ability to help your life and your finances as a whole. This can help to increase your credit score over a period of time. IVA stands for an individual …
When withdrawing money from your pension, you have a few options to consider. Two of the most popular choices are Flexi-access drawdowns and Uncrystallized Funds Pension Lump Sum, or UFPLS. While both methods have similarities, they also have distinctions that you should weigh for your needs. It’s important to understand what each one does to …
Read moreWhat is The Difference Between UFPLS and Drawdown When It Comes To Your Pension
The internet often gets a bad rap, and for good reason. It can be a gathering place for the dregs of society. It’s a natural home for scammers to operate their scams given their are almost an unlimited number of potential targets. Even so, when the internet is good, it is very good. One of …
If you brake a property rental contract in the UK it is both expensive, you’ll loose your deposit, and can lead a court case, as you are legal responsible for the cost of that property. As a result, if you’re going to rent a property in the UK, you need to know how much rent …
Deciding how much rent you want to charge as a landlord is a complicated affair, especially if this is your first endeavor into this space. You want to make a profit, but don’t want to make it so prohibitively costly that no one can afford to live there. The positive of having tenants is the …