Investing has been on peoples agendas for many years. This is one of the paths that people choose to build up their retirement pot. And when it comes to picking the best investment strategy – not many will outperform an index fund. Index funds have proven to be secure companions of most long term investors. …
With inflation currently in double digit many are finding themselves in a difficult financial place. People have a question on their mind – how to start saving money? While I am a strong believer that you should focus on finding ways to make money rather than cutting expenses – there is an issue with this. …
Buying your first home is always an exciting time. Yet for many this can remain a dream for long periods of time. This is often due to extremely expensive process with a deposit being the key issue for the majority. This is where Fairview comes to help with their new Save to Buy scheme. This …
As of the start of COVID investing has gained a lot of popularity. Many people became investors. A lot of money was made. While many gamblers got burnt. It is never too late to start investing in my view. Which is why today I want to cover the basics of how to start investing. Investing …
We all work to make money. And then comes in the taxman to take his cut. Salaries in the UK are taxed up to 45% and that excludes National Insurance one has to pay. There is more to this though that many don’t realise – stealth tax. Stealth taxes are something that often bites – …
2022 is long gone yet there are still some benefits you can get from it. One of the biggest benefits when it comes to investing – those living in the UK can still use their ISA allowance. The above is true due to the weird way the financial year falls in the UK. This doesn’t …
Passive income is a topic that is looked into by more people by day. More and more people are looking into ways to make money while they sleep. There aren’t many ways to make money that I would truly call passive. The only one that comes to mind – dividend investing. Below I will give …
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Recently a reader of this blog reached out to me asking for advice. He wanted to get some ideas on what are fairly easy ways to to turn £2,000 into over £5,000. The side hustle I gave him – flipping items. Flipping items is something that many people do. This is a fairly simple way …
Sinking fund is a term best known in the business world. Lately however I have been hearing of these more and more outside of board rooms. That’s the reason I decided to explain what exactly these are. I will explain how best to use this in your personal finance and give you a couple of …
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Owning property is a path to wealth and success many people choose. There is however one minor issue with getting onto this path. That’s the extremely high levels of investment required to enter the market. That is where buying into a REIT becomes an option. I will review what REITs are below. I will also …