Exploring personal finance and investing
You are contributing to a SIPP for yourself but have you thought about opening a Junior SIPP for your child? You may be saying to yourself ‘a pension account……. for my toddler?!’. And, ‘I’ve better things to do with my money right now’. A pension account for your toddler….well, yes! The advantage is that your … Read More “Is Opening a Junior SIPP a Good Idea?” »
NEST is a workplace pension scheme which was set up to facilitate Automatic Enrolment (AE) as part of the British Government’s workplace pension reforms per the Pensions Act 2008. As at September 2023, it had £33bn in assets under management (AUM) and 12.5m members. What Is NEST? NEST stands for National Employment Savings Trust. It … Read More “How To Invest in a NEST Pension” »
Most of you who have a mortgage probably dream about how great it would be to pay it off. You think about the relief you would feel having that heavy debt burden removed. You also think about the security. No matter what happens, you’ll always have a roof over your head. No-one can take your … Read More “12 Ways to Pay Off Your Mortgage Faster” »
Keeping up with the Joneses is an age-old disease that inflicts neighbourhoods across the world. This is where you try, at any cost, to keep up with neighbours, by matching or even outdoing what they buy, where they go on holiday or whatever hobbies they have. You think that if you don’t, they will look … Read More “How to Avoid Keeping Up with the Joneses” »
When you’re young and in your 20s, the current pension age of 66 seems light years away, like you’ll almost never reach it, it’s SO far away. For the average 20-year-old, 66 seems SO old (!). I had this conversation with a friend’s 20-year-old son, let’s call him Tim, a few years ago when he … Read More “But Pensions Are for Old People!” »
