Every day you’ll take mental shortcuts, known as “heuristics”, to help you solve problems quickly. This can be incredibly useful in some circumstances and help you avoid becoming overwhelmed by decisions. Yet, when you’re making large decisions, including how to handle your finances, it could be harmful. Heuristics are necessary for people to navigate their […]
The surprising effect your childhood has on your money mindset
Your relationship with money may play a huge role in how you handle financial decisions and your long-term security. Many factors affect your financial decisions, but you might be surprised by how much your childhood experiences still influence you today. The majority of parents recognise how important financial education is. Indeed, according to Nationwide, almost […]
What the 2024 general election could mean for your finances
2024 has been called “the year of elections” with an estimated 2 billion people around the world heading to the polls. Voters in the UK will have their say on 4 July. Now that each of the main parties has published their manifestos, here’s what the 2024 general election could mean for your finances. Conservatives […]
5 breathtaking coastal walks you can take this summer in the UK
The UK boasts some of the most spectacular coastlines in the world. Trails across the country can take you through sleepy fishing villages, tumbling clifftops, and unique natural formations that are the stuff of legends. Though your adventure may depend upon the whim of the infamously temperamental British climate, there are stretches of the coast […]
Making your present part of your financial plan could enhance your life
As financial planners, we often talk about the importance of working towards long-term goals and security. As part of your financial plan, you might be putting money into a pension for retirement or building an emergency fund to safeguard your finances if you experience a shock. Considering your long-term ambitions is often important for turning […]
Could downsizing help fund your retirement?
Research suggests that retirees could boost their income by downsizing. While selling your home and moving to a smaller property could be a valuable way to fund your later years, there are some important considerations you might want to weigh up first. Read on to find out more. Over the last few decades, the value […]
3 fantastic benefits of leaving a charitable legacy in your will
According to a report from the Charities Aid Foundation (CAF), in 2023, three-quarters of people in the UK supported a charity in some way. Whether you donate money, fundraise, or volunteer your time, you might want to consider how to extend your actions to create a charitable legacy in your will – and there could […]
3 valuable pension lessons workers can learn from retirees’ regrets
2 in 5 UK retirees have retirement regrets, according to a Canada Life survey. If you’re saving towards your future, you could learn some valuable pension lessons and avoid repeating the same mistakes. Securing the retirement you want often means thinking about this milestone many years before you celebrate it. One of the key challenges […]
Explained: When do you need to declare the interest earned on savings?
Rising interest rates have been fantastic news for savers. But it might have left you wondering if you need to pay tax on the interest you’ve earned, and how to pay it if you are liable. According to online bank Marcus, 71% of people were not aware that the interest on savings could be taxed. […]
8 fantastic reasons to support local causes for Small Charity Week
Every year, the UK celebrates Small Charity Week. The event’s goal is to raise awareness for the thousands of local causes which make a huge difference to vulnerable communities across the UK and the rest of the world. This year’s theme is “Resilient Charities for Stronger Communities”, and the movement is encouraging everyone to get […]