The government doesn’t so much give you money, as they do take less of it. Be sure to use of tax free savings and retirement contributions to benefit.
My first investment
We explain several ways to start investing in shares, through your employer, an RA or Unit Trust provider, an independent financial advisor, a stock broker or even a robo adviser. Go for the option most comfortable to you right now, because time is the most important ingredient in investing.
How shares make money
You can make money from a share by selling it at a higher price than you paid for it. In this article we’ll explain why shares make money over time, offer some ideas on choosing the right shares and explain why it isn’t a good idea to put all your money in a single share.
Dividends explained
Investing in the stock market is a way of turning your cash into paper assets called shares. You make money holding a share in one of two ways. This week we explain the first way, namely dividends. Next week we’ll delve into selling an asset for a profit.
What is investing?
There’s a difference between saving and investing. Saving is to protect money you’ve already made. That’s boring. Investing is a way to use your money to make even more money. That’s sexy. Your mission, should you choose to accept it, is to put your money to work. In this article we explain how.
What is a stock exchange?
You can invest in a physical asset, like starting a business or franchise, but this usually requires big money upfront. Investing in shares on a stock exchange is also a way to become a business owner, and it’s a lot less money and effort since other people run the business.
What you need to be a savings rockstar
You already have everything you need to sort out your finances. Much as we enjoy daydreaming about a future where some event or person changes our finances, the money we earn and spend every month holds the key to a stress-free financial future.
Long-term savings goals
Whether your goal is financial independence by retirement or before, long term savings are how you get there. Long-term savings differ from short term, because the amount you need is so much larger. When it comes to long-term financial goals, the money you’ve saved must also work.
Reaching your short-term savings goal
When we live to our last cent, saving seems impossible. We share some strategies for reaching short-term financial goals, the most common reasons people fail to reach these goals and what to do about it.
Getting rich takes time, not money
We tend to assume investing is something rich people do. If you’re not earning much, it can be tempting to put your goals on hold until you’re more liquid. But compounding is not about money. It’s about time.