Most of us want to save more, but simply don’t have any extra in the monthly budget. However, if you get rid of debt, you can save more (and sleep better). Here is a clear, simple strategy to repay your debt so that you can increase your savings, without evicting your family.
Know your ETF fees, it is more than just the transaction fee and this week we detail others; TER, spread and inflation.
Debt can help you reach your financial goals, or cut you off at the knees. There’s good debt and bad debt: good debt helps you to buy or earn assets. Bad debt is used to pay for your lifestyle. But sometimes, even short-term debt is a necessary evil.
Are you ready to buy your first investment? There’s an easy way to check: Do you have an emergency fund? To the naked eye, an emergency fund just looks like a healthy savings account. Us in the know see it as the safety rail that stops our investments being drained by inevitable emergencies.
Prepare the ground before you start to invest – a firm foundation can protect your investments and ease the anxiety of making investment decisions. This is too important to rush.
Inflation is one of the key concepts we need to understand to make good financial choices. In this post we explain what it is and how it works.
We enjoy dreaming about what we’d do with a huge gift of money, but money never seems to solve financial problems. The gap between what you earn and what you spend is the result of the decisions you make before you get money. Saving starts with answering the question, “What do I want money for?”
Investing is about more than just shares. There are a number fo different asset classes we can buy and this article digs into the details.
