21st Feb 2022
Losing a loved one is hard enough, without the added stress of trying to navigate Wills. Plus, if the Will is not as straightforward as you’d hoped, it can be difficult to know where to start. You may have difficulty understanding the wishes of the deceased as stated in the Will. Similarly, the legal jargon…
16th Feb 2022
Should I set up a Junior ISA (JISA) for my child? The answer is probably yes. These long-term savings accounts mean you can put together some tax-free cash for your child. Whether it be for university fees, travelling or a down payment on a house – you’ll be setting them up well. They are also…
3rd Feb 2022
It is the tax treatment of pensions that makes them both an attractive long-term savings option, and a complicated one. Here Adrian Lowery, personal finance expert at Isa and Sipp platform Bestinvest, delves into ten of the tax benefits and dangers pension savers need to know about along with Louise Higham, a chartered financial planner…
2nd Feb 2022
Theatres are finally re-open after months and months of being closed, and theatre goers couldn’t be happier. One of life’s little pleasures is the rush of adrenaline you get when the lights go down, the curtain goes up and the music kicks into action. The tingle of excitement you feel, whether you are an avid…
1st Feb 2022
Interest rates are shockingly low. Your cash ISA may offer a measly 2% or so – IF you’re willing to lock your money away for a fixed term (and that doesn’t take into account inflation, either). Stocks and shares are the best way to generate an income and grow your wealth with a long-term strategy….
1st Feb 2022
A Lifetime ISA (LISA) can help you buy your first home or save for retirement. A whopping 25% Government bonus gets paid on your savings – who can say no to free money?! Here, we break down the LISA rules and whether you should consider opening one. ISA basics What is a Lifetime ISA? Who…
1st Feb 2022
The Junior ISA is a great way to make your child rich. Find out the rules here and how you can use them to build up a great pot of cash for your little one.
1st Feb 2022
Preparing for your retirement funds may feel odd if it’s a long way off – or worrying, if you’re close to retiring. Arming yourself with info about investment options helps take away the worry. One consideration is whether you should invest in a SIPP vs ISA. What are they, what’s the difference, and which is…
1st Feb 2022
Most people aim to enjoy their retirement after decades of hard work preparing for it. Unfortunately though, the current state pension only provides a yearly income of £9,110.40. Making it essential to have additional retirement plans in place to continue to live a similar quality of life into your retirement. You can check your state…
1st Feb 2022
Innovative Finance ISAs (IFISA) quietly hit the market a few years ago – but what are they, and could they beat the returns you get in your cash ISA? From the basic concept to the potential returns, here’s everything you need to know about investing in an IFISA. What is an IFISA? Is your money…
28th Jan 2022
Here at MoneyMagpie, we’ve collected 22 ways to make and save money in 2022, so why not check a few out for yourself. 11 ways to make money 11 ways to save money 11 ways to make money: IS YOUR TOY TRAIN WORTH MORE THAN SILVER? If you’re thinking about having a clear-out now…
24th Jan 2022
Buy Me a Coffee? A phrase we’ve probably all said at some point in our lives. But why have people started saying it more and more during the past two years? During the Pandemic many small businesses had to close, freelancers weren’t getting as much work and the cost of living was increasing. This meant…