Five simple steps to give your finances a boost
Fine tuning your finances should start with a financial MOT. This would involve sitting down with your financial adviser who will tell you whether you are in good shape financially or not. You could attempt to do this yourself, but getting it wrong could be costly. Here are the steps you should take. 1: Fine […]
The 7 worst financial mistakes you can make
Internally, we call these “schoolboy errors” the magnificent seven and see people making these mistakes time and time again. Make sure you’re not one of them. 1: Paying the minimum payment on your credit card Some credit cards allow you to pay 1% of your balance plus interest, or £5 per month, whichever the higher. […]
How to cope with low interest rates on savings
1. The problem: Did someone in the government recently get fired for saying that we’ve never had it so good? While a lot of us would argue that we’ve never had it so bad, there are also those who would agree with the more positive opinion. I’m not going to get into that argument myself, lest […]
Is critical illness cover worth the expense?
Most homebuyers purchase life insurance when they arrange a mortgage, but only a minority will take up another form of financial protection that is five times more likely to pay out. Critical illness cover pays a tax-free lump sum on diagnosis of any one of a list of serious (critical) illnesses, including cancer and heart […]
