Exploring personal finance and investing
Your car breaks down, a pipe bursts in your home, you become ill and need to visit the hospital or you lose your job suddenly. You have an emergency expense. This is why you need an emergency fund! What is an Emergency Fund? An emergency fund is money that is set aside to deal with life’s … Read More “£850 Emergency Expense – A Challenge for 1/3 of Brits” »
This is how you could, with all the best intentions in the world, walk yourself into having a financial heart attack when paying off your mortgage. Your outstanding mortgage Let’s say you: Your available cash You’ve just moved jobs and got a pay rise. After calculating income and expenses you realise you are in a … Read More “Paying Off Your Mortgage Could Give You A Financial Heart Attack” »
