Tag: savings

How does your household debt compare to the UK average?

So, have you heard about the rising levels of debt in the UK? It’s definitely something to be aware of, as it can affect all of us in one way or another. Basically, people and households are taking on more and more borrowing to cover expenses and make purchases. And according to the Office for National Statistics, the average household debt in the UK was £15,400 as of September 2021. That includes all forms of debt, like mortgages, credit card debt, and loans.

6 creative ways to save money

I know we all have those moments when we feel like we’re just not saving enough money. Trust me, I’ve been there. But the good news is, there are actually a ton of creative ways to save money that can make a big difference.

The surprising power of saving early and often

I wanted to talk to you today about the benefits of saving early and often. I know that saving money can be tough, especially when there are so many tempting things to spend it on. But trust me, starting to save early and consistently can pay off in a big way.

How much savings should you have by age 60?

As you grow older, you often face increased expenses and a decreased ability to earn income. This makes it crucial for you to have a savings plan in place to ensure financial stability during your senior years. By setting aside money during your working years, you can ensure that you will have the resources to cover necessary expenses such as medical bills and living costs. A well-crafted savings plan can provide peace of mind and security during a time when many seniors are vulnerable.

How to choose the right ISA for your financial goals

ISAs are a tax-efficient way to save and invest your money. From cash ISAs to stocks and shares ISAs, there are many options to choose from. Find out which ISA is right for you and how much you can invest each year