Building societies are now a common sight on the high street, while we always hear about shifts in the stock market on the news. So many of us have personal savings accounts and pension pots set up now too. But have you ever thought about where these came from, or how each savings initiative has changed over the years? In the following infographic, personal pension specialist True Potential Investor has taken a step through time with this question in mind. [Read more…]
Each individual has financial obligations of his or her own that need to be acknowledged and owned up to. According to one of the senior financial advisors at Olsson Capital, many people become prisoners of their debt and lack of wealth. It is his opinion that as it is so easy to fall into debt, it is much harder getting out of it and in most cases, rise above ground level and become wealthy. So, how does one rise to new heights and grow one’s personal wealth?
Although there are naturally some differences as to when the right time to teach your kids about the value of money is, what all parents agree on is that it is indeed important for children to be actively taught about the value of money. First-time parents naturally have what is essentially a new world to navigate in imparting important money-related lessons to their kids, while those parents who have more than one child are perhaps at a slight advantage because the way in which each of their children goes on to implement those lessons can be used as a good reference point for the other kids. [Read more…]
You like to save money right? Well you wouldn’t be here if you didn’t, but do you realise how much money you are losing when you shop? It’s a good job we are here to help! Our hints and tips below will help you save money without costing you time. [Read more…]
As people grow up and start to earn their own money and purchase things for themselves, they may quickly realize how expensive things can be and just hard it may be to afford the things they want and need. It is a common reaction for people to look at the prices of things and decide they cannot purchase them because they are out of their price range. Despite the prices of things sometimes being high, many people have found a way to save money and get everything they want even though they thought they could not afford them. [Read more…]
Building wealth takes a lot of patience, hard work and a little bit of know how. You do of course need to earn a decent wage, find ways to reduce your costs where you can and set aside a little money each month.
Looking for a new place to live can be a time consuming, stressful and arduous process, but once you’ve found what seems to be the perfect home it can take almost no time at all. That stage seems to be where most would-be homeowners trip up, as they are so eager to just get all the paperwork done and sorted so that they can make their offer and move in before someone with a bit more money can swoop down and steal it from their outstretched fingers. We know it can be frustrated, to see your potentially dream home fall through right at the last moment, but it is important to make sure you have all the relevant information before committing to buy.