With the start of the financial year fast approaching, this is the best time to look into your Investments Savings Accounts (ISAs). Every year on the 6th of April, you get to see for yourself how hard your money is working for you, as a new financial year is rolled out.
Whether you are a veteran ISAs investor or you are just starting off, this guide will help you to understand the intricacies of ISAs. Likewise, you will get to learn on the ways on how to make the most of your investment in ISAs.
The beauty with ISAs investments is that you are exempted from income tax or capital gains tax on the interest earned. Read more
Frugality may be the order of the day, but that doesn’t mean you can’t get similar results in business to those who spend thousands on major campaigns. While money makes money, doing things on a budget can also result in a huge return on investment (ROI) and achieve business and marketing objectives that you have set out. These range from using PR stunts to get people talking, sales promotions to entice customers to your brand, and direct marketing. Read more
Payments by debit cards surpass cash transactions in the UK. Debit cards are the preferred payment option by consumers because of ease and payment spontaneity. Spontaneous transactions with no security pins required drive the UK’s contactless technological platform.
A proper insurance cover is one of the undervalued methods of building wealth. Certain insurance policies offer incredible tax benefits and versatility that make them more than just an income replacement tool. When you carefully choose the right insurance cover, not only are you protecting the wealth you have worked hard to build, but you can also build it further. Read more
Earning your living as a full-time freelancer has its upsides, and it’s downsides. On the one hand, your freelancer lifestyle means that you’ll be able to achieve a better work/life balance and set your own schedule. You can even avoid the annoying commute to work each morning if you’re happy to work from home. However, as a freelancer, you’re also in a position where your income is never completely guaranteed.
The good news is that just because your money is often unpredictable as a freelancer, that doesn’t mean that you can’t do things to improve your income management strategy. As a full-time and self-employed freelancer, there are various strategies you can put in place to give yourself financial peace of mind.
Living a frugal lifestyle can sound like a lot of work to those considering it, and having to give up some of the things you enjoy in order to save money isn’t a pleasant idea. However, once you start to do your research, you’ll find that there are many different ways to enjoy some down-time for little or no money, especially online! Read more
According to energy market regulator Ofgem, as of April 2018, the average British household spends £94.83 per month on their gas and electricity tariffs, or £1,138 a year. We’re spending around 4% of our household incomes on energy, a figure that rises to 8% for low-income households. Energy prices have been rising over the last three years and will likely continue to rise, as resources become scarcer and new regulation and taxes are placed on greenhouse gas emissions. Read more
Caption: Working from home is a dream shared by many.
Being able to make money from home, doing something we are passionate about is a dream that many of us share. It doesn’t have to be a dream any longer, however! Whether your hobby is writing, creating art, cooking, building websites or even playing computer games, today’s economic climate means it is easier than you think to transform something you enjoy doing into a potentially lucrative side business. Read more
Day trading consists of buying stock and then turning around and selling it on the same day to make a profit. Knowing how to limit your losses when day trading is essential to minimizing inherent risks. No day trader can turn a profit each and every day but with the right strategies in place, you can enjoy significant earnings and long-term success. You may even find you want to make a full-time career out of being a day trader.
Penny stocks are stocks that are valued at less than $5, according to the U.S. Securities and Exchange Commission. Because there is a lower cost to buy, penny stocks can be a good way to try your hand at trading before investing in stocks that are more expensive. Penny stocks can be considered risky because it is harder to get a large payout from them even when they do well, and because there is not much information available to the general public on the background of each stock. However, they also have the opportunity to quickly grow and give the owner a large gain in a short amount of time.