Let’s face it: December can be expensive! What with work parties, social gatherings with friends and neighbours, gifts, special dinners and New Year celebrations, festive spending can rack up a significant cost if not managed carefully. And, of course, after a couple of restricted years, we are all keen to make the most of our […]
Tag: personal finance
Does your employer offer a savings boost? Here’s how to find out.
An Employee Savings Plan is a benefit offered by employers that allows employees to save over many years via paycheck deductions or other mechanisms for a variety of goals, such as emergency funds or holidays. […]
What is ESG investing?
ESG and sustainable investing in a nutshell It’s easy to get jargoned-out when learning about investing, but ESG is one acronym you might want to remember. So, what is ESG investing? It’s also known as ‘sustainable’ or ‘responsible’ investing, but the ESG title (Environmental, Social and Governance) helps to pin down what that covers in […]
Different Types of Investments
By Catherine Thomas-Humphreys, The Finfluencer So we’ve learned about platforms, and we know about investment accounts, so let’s look at what we can actually invest inside those accounts. There is a wide range of investments available and a collection of them would be called an investment portfolio. You want to aim for a broad range […]
Choosing an Investment Account
by Catherine Thomas-Humphreys, The Finfluencer When we get started with investing, we need to decide where to put our money. In addition to choosing an investing platform, we also need to decide which investing account might be the right fit. An investment account is sometimes called an investment product or tax wrapper. They include pensions, adult […]
What is Diversification?
By Catherine Thomas-Humphreys, The Finfluencer In investing terms, diversification is the word that describes the phrase “don’t put all of your eggs in one basket”. But what does that mean and how do we go about it? When you focus on one investment type, and it fails or falls, you risk losing all your “eggs”. […]
Choosing an investment platform
By Catherine Thomas-Humphreys (www.thefinfluencer.co.uk) Think of an investing platform simply like a financial supermarket. In the same way you go to Tesco to buy all your food, you go to a platform to buy your investment account and then the investments within that account. It’s an online service that an investor can use in order […]
Why you should find out your credit score
We always get told that our credit score is important, but what exactly is it and why should we care about it? […]
Make the most of your financial plan
Major life goals can feel overwhelming. Want to buy a house? Have a family? Travel the world? None of these come for free, so you’ll probably need to have a decent pot of money to meet your milestones. Not to mention some money to keep you going in retirement. It’s a good idea to create […]
How do I consolidate my pension?
Many people want to know if they should consolidate their pension. We cover what consolidating your pension means, why you might consider it and what to bear in mind. […]