The first question most people ask about retiring early is, “Can I even do it?” Well, skip ahead and start asking, “How can I retire early?” because the answer is in the UK there is no age limit on when you can retire. And most people can access their pension pot starting at 55 years …
Robo-advisors are investing platforms that offer automated financial planning using complex algorithms rather than a catered plan offered by a human. Most robo-advisors ask about your financial situation, what your goals are, and your risk tolerance. Then it uses this information to invest. The better advisor platforms have a mix of investment offerings. From a …
Top Things to Consider When Choosing a Robo-Advisor Read More »
If you are new to investing the first thing you may wonder: why bother at all? Maybe you’re building a stash on your savings account and think that’s enough. Let’s take that example to illustrate why you should start investing, and a checklist before you begin. In our example we have two neighbors. Both have …
Investing Checklist: Guide for Beginner Investors Read More »
You’ve probably heard of buying Bitcoin, or other alt coins, but there’s other ways to grow your crypto investment without having to buy more you may have not heard of. It’s called “staking” and people are drawn to it because you can earn yields exceeding what’s available from savings accounts. Like savings accounts, there’s no …
Not long ago access to good investment products required you to have a broker or financial advisor. These days some of the best investment tools are on your phone. Below are a list of five apps that are completely changing how we invest. 1. Get a free share worth up to £200 What better way …
4 Must-Have Apps That Will Completely Change How You Invest Read More »
Let’s say you got a bonus, or you’ve been saving awhile, and accumulated £10,000 in your account. How do you make the best return on that money? Rarely would you want to leave it in a savings account, when assets like stocks can give you a much higher return, especially with inflation on the rise. …
How to Make the Most of Your Investment When You Have £10,000 in the Bank Read More »
Did you know that the majority of adults that have yet to establish an emergency fund will create the reasoning for the lack of emergency fund because a credit card with a high credit limit is available to them? For most people, the credit card seems like a safety net that can be used in …
Your Credit Card is NOT an Emergency Fund and Other Financial Lies You Tell Read More »
If you are on a tight budget, it is often difficult to reduce your expenditure on essential groceries. It is much easier to eliminate expenditure on non-essential items and activities, such as clothing, DVDs and dining out, by simply staying away from the stores, websites or companies that offer such things. However, since we all …
Learn useful saving tricks and live frugally for one month to see how much you can save. If you are like most Americans you are spending more than you earn and are finding yourself deeper and deeper in debt. It seems that no matter how much money you earn you can never get ahead and …
Live Frugally for One Month and See How Much You Save Read More »
Here’s simple money saving tricks that will help you spend less and achieve financial freedom. Think saving money isn’t worth it if you can’t save hundreds at a time? Not so. Little amounts add up nicely over time. Try these ideas and start on your path to saving more money. 1. Have a money jar, …
