Finance , Lifestyle & Inspiration
Continue reading “Ever considered saving for your Children’s education?”
There are important factors to consider before investing especially when it comes to long-term investing. Investing and planning for the future can be a daunting task. There are so many factors to consider in creating and managing your portfolio, and you may find it difficult to find a financial professional you trust for unbiased advice.
That’s why this list of seven considerations was put together to help prepare you to make investment decisions and facilitate a conversation with a financial advisor.
Continue reading “7 important things to consider before investing (read time 3 mins)”
The Office for National Statistics (ONS), which is the UK’s largest independent producer of official statistics once carried out a survey of 100 young people aged 25 a few years ago. I remember feeling nostalgic as I went through their findings. This was way back in 2012. They found that 40 years later in retirement, out of those 100 people; 49 of them would end up being financially dependent on friends and charity, 29 will be dead, 12 will be broke, 5 will still be working, 4 will be financially independent and only 1 will be rich. Only 1 !!!
An emergency fund is a stash of money set aside to cover the financial surprises life throws your way. These unexpected events can be stressful and costly. Some top emergencies are but are not limited to medical emergencies, family emergencies, job loss, unplanned travel expenses, car troubles etc.
Travelling can be expensive more especially if you have kids but proper planning and budgeting helps a ton. I love travelling. I travel at least two to three times each year or more depending on my work schedule so I am constantly on the look out for new ways to reduce my travel costs without compromising comfort. Continue reading “Luxury Travel on a budget”
A high income does not necessarily translate to a healthy bank account. It really isn’t about how much money we make but how much of it we are able to preserve.
As Charles A. Jaffe famously said, “It’s not your salary that makes you rich, it’s your spending habits.”
When you get a raise, you may be tempted to start indulging a bit more. Before you start upgrading to a fancy £5 coffee cup from your current £1 morning beverage, think about your goals and consider your financial journey. Continue reading “What do you do when your income increases?”
Financial planning can seem a bit daunting and boring for some! Some folks are of the misconception that only the rich need financial planners or that financial planning is something you do as you get closer to retirement. Thankfully, No !