Exploring personal finance and investing
In previous articles, I spoke about ISAs and Lifetime ISAs. If you wish to invest for your child/children, free from UK income tax and capital gains tax, you may wish to consider a Junior ISA (JISA). Who can invest in a Junior ISA? Your child must be both under 18 and living in the UK. … Read More “How to invest in a Junior ISA (JISA)” »
Invest in a Lifetime ISA In previous posts, I spoke about ISAs and Junior ISAs. If you want to invest your money, free from UK income tax and capital gains tax, AND get free money, then the Lifetime ISA (LISA) may be for you. The purpose of a Lifetime ISA The purpose of the LISA … Read More “Investing in a Lifetime ISA (LISA)” »
One of the most tax-efficient vehicles you can invest in is an Individual Savings Account (ISA) which is free from UK income tax and capital gains tax. Inflation eats away the value and buying power of your cash savings over time. However, if you invest long-term, this helps protect the value of your money. Who can invest … Read More “How to invest in an ISA” »
What is Compound Interest? Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods. Albert Einstein said, “Compound interest is the 8th wonder of the world. He who understands it, earns it, he who doesn’t, pays it.” You are 20 years old and want to … Read More “The Power of Compound Interest” »
