fbpx

MoneyMagpie

New rules mean you don’t need to buy an annuity, but should you?

Reading Time: 5 mins Annuities have been the backbone of many retirement incomes for years: unfortunately, this doesn’t mean they have been universally loved. As the returns from annuities have shrunk over the years, so has enthusiasm for the products. It means there were celebrations all round in 2015 when the government decided to banish the compulsory purchase of … read more

Do you qualify for a Help to Buy ISA?

Reading Time: 4 mins If you’re a first-time property buyer saving up for a deposit to buy a house, you then should open a Help to Buy ISA pronto. This is because this Government initiative is set to end on 30 November 2019, which leaves less than two months to open one. Take a look at our guide to … read more

Property investment – should you be buying to let?

Reading Time: 11 mins Property investment has had a bad rep over recent years. Landlord is a dirty word for some – but if you stick to some ethical principles, you can make great returns on your investment AND be a great landlord. 2019 has seen some radical changes to the buy-to-let market, from changes in tenant fees to … read more

Make money riding your bike – Cycle couriering

Reading Time: 7 mins If you enjoy being outside and want to earn money whilst getting fit, bicycle couriering could be the job for you. There are lots of reasons for becoming a bike courier: flexible working hours, good earning potential, it’s great exercise, and your are helping to tackle climate change with every pedal. Real-life story: Rene Morgenroth … read more

7 daily habits to live by to get rich fast

Reading Time: 5 mins We often speak of bad habits, but there are some very good ones as well when it comes to saving and making money! Here are 7 daily habits we think you should incorporate into your daily life to make money much faster. We’re not saying you’re going to become a millionaire overnight, but by incorporating … read more

Slash your childcare costs

Reading Time: 15 mins Childcare is a huge financial burden for most families, even more so in the long summer holidays. There are, however, options available that don’t have to cost the Earth. We have compiled a comprehensive guide for working parents, including a run-down of all the options that are open to you. We’ve also included some top … read more

Save £1,000s a year – stop drinking alcohol

Reading Time: 7 mins Did you know that if you were to stop drinking alcohol you could save £1,000s a year? Even ordinary levels of alcohol consumption can cost the average person huge amounts of money. Really? Just a few drinks a week? Yes, alcohol costs us a lot more than the price of a pint or two. Read … read more

How to become a driving instructor

Reading Time: 4 mins Many parents, feeling as if they have handed over a fortune to their teenager’s driving instructor, wish they could turn the tables to be the ones pocketing the cash. Not only does it offers flexible working hours, many are tempted by the chance to be your own boss and potential earnings of up to £30,000 … read more

Is there £10-20K sitting in your garage?

Reading Time: 3 mins If you thought that clunky old caravan inherited from your eccentric, childless uncle was just a burdensome old white elephant, think again! With the Van Life movement in full swing and a robust sharing economy to leverage, there has never been a better time to own a motorhome. A new generation of nomads is revitalising … read more

Why you deserve to be poor

Reading Time: 5 mins Listen up maggots, I’m the Drill Sergeant Magpie and I’m not like the other Money Magpies. I’m not gonna mollycoddle you, I’m not gonna tell you ‘everything is okay’, I’m gonna tell you how it is – you deserve to be poor! Now you’re probably thinking ‘but I don’t get paid enough’, or ‘my bills … read more

How to save money with Plum

Reading Time: 4 mins Have you been meaning to save money since receiving your first paycheck, but never seem to manage? You’re certainly not alone! Fortunately, there are a number of ways to make it easier for yourself. One of these is a little Facebook Messenger-based bot, called Plum. Intrigued? We were too! Here’s everything you need to know! … read more

Goldcar Malta – a MoneyMagpie’s horror story

Reading Time: 4 mins It’s the nightmare scenario. You’re returning a rented car, trying to be prompt so you can catch your flight, only to be accused of causing damage that you know had nothing to do with you. No matter how much you protest, the staff won’t listen and are only interested in handing you a bill. This … read more

Send this to a friend