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MoneyMagpie

Savings – What to do with your money in a recession

Reading Time: 6 mins It’s now 2020 and the recession that started in 2008 is over for the most part. But the impact of coronavirus has that dreaded R word back on people’s lips. How will this impact your savings and overall financial stability? What we all really want to know is: how will the economy affect us? A … read more

5 steps: What to do with a windfall

Reading Time: 7 mins Everyone dreams of a windfall. But an inheritance, gift or redundancy pay-out isn’t an unalloyed joy. Working out what to spend, what to invest, and where to put your money can be a bit daunting. If you don’t know where to start, it’s worth following five steps that can help you decide what to do … read more

Make Your Investment Precious

Reading Time: 4 mins Few investments have the beauty and timeless appeal of gold. Its periodic symbol, Au, is taken from the name ‘Aurora’, the Roman goddess of the shining dawn. Since its discovery more than 5,000 years ago, civilisations have traded and treasured this most precious of metals. From the tombs of the pharaohs to the mythical city … read more

For investors, the only thing that’s certain is uncertainty!

This article about the uncertainty we’re currently going through (and will continue to go through for a while I think) is by Nick Hubble, editor of the Fortune and Freedom daily newsletter. The article was first published in that newsletter and I’m republishing it here.   economic predictions “It’s tough to make predictions, especially about … read more

How to save for your children without breaking the bank

Reading Time: 3 mins After welcoming your children into the world it’s common for parents to start thinking about how they can save for their future. Whether it’s a helping hand for university, money towards their first house or just a little something to help launch them into adult life. Many go on to research different accounts out there … read more

How Women Can Overcome the Pension Gender Pay Gap

Reading Time: 9 mins Women face a pension pay gap of almost 60% compared to men. When it comes to pensions, this pay gap can mean the difference of hundreds of thousands of pounds for retirement*. Why is there a pension gap between genders? A small improvement – and then COVID-19 Ways to close the gap Make sure your … read more

The big buy-to-let property hotspots in Britain

Reading Time: 11 mins A buy-to-let property offers an attractive way to grow your wealth. But where is the best place to buy one? If you want to make money as a landlord, think outside London. Cities such as Manchester, Newcastle, Liverpool, and Birmingham all offer great potential returns for buy-to-let properties. The regeneration projects in these areas, plus … read more

How to invest like a wealth manager

Reading Time: 5 mins We hear a lot about wealth managers and how much money they can make for their clients. But not everyone has the cash to invest with them. This is why I have asked my friend Tim Price of Price Value Partners to tell us all how we can do it ourselves. Over to you Tim!… … read more

DIY investing vs using a Financial Advisor: Which is better?

Reading Time: 11 mins Should you try DIY investing or use a financial advisor? Knowing whether to try DIY investing or use a financial advisor can be a crucial barrier to even beginning to look at doing something with your money. And with the rise of people dipping their toe in the investment waters during the pandemic there is … read more

How to Boost Savings At Every Stage of Your Life

Reading Time: 6 mins Saving can be tough when times are hard – and it feels like times are always hard, these days! However, having a plan for a savings safety net is the best way to make sure you’ve got a little extra to fall back on when you need it. We’ve come up with ways to save … read more

Will Savings Affect My Benefits?

Reading Time: 6 mins Claiming Universal Credit and other benefits is tricky enough for most people – but as you start to save, you might find your entitlement drops. Or, you could have too much in your savings already to apply for benefits. Here, I’ll take you through the main ways savings could (and don’t) affect benefits. Universal Credit … read more

What to Do When You’re Executor of a Will

Reading Time: 11 mins It’s a tragic time when someone dies – but it also comes with a lot of paperwork. If you’ve been assigned executor of a will, there’s a lot of things to do. It can be overwhelming and knowing where to start is often confusing. Use this checklist to make sure you’ve got everything covered, in … read more

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