How to Begin Saving and Types of Accounts
Starting to save money can feel overwhelming if you’re not in the habit of doing so, but breaking down the process into small steps makes it easier. Here’s how to
22 April 2025
Starting to save money can feel overwhelming if you’re not in the habit of doing so, but breaking down the process into small steps makes it easier. Here’s how to
The Triple Pension Lock is a mechanism in the UK designed to ensure that the state pension increases each year, in line with one of three key measures. The aim
I spent the best part of two decades in debt I couldn’t manage and didn’t need. Last week, I said how it all started and today I wanted to cover
I started this newsletter because I’ve been where you are and wish I had someone to guide me when I was unsure about my finances. I first got into debt
An emergency fund is an essential part of having financial security, acting as a safety net for unexpected expenses. Whether it’s a new boiler, car repair, or sudden job loss,
An ISA (Individual Savings Account) is a tax- efficient way to save and invest money in the UK. They key benefit of an ISA is that any interest, dividends, or
A pension annuity is a financial product that converts your pension pot into a guaranteed, regular income for life (or a set period). Essentially, when you buy an annuity, you’re
Pension drawdown is a retirement income method that allows you to withdraw money from your pension pot at times that suit you while keeping it invested (after you have taken
The UK pension system is designed to provide financial support for individuals in retirement. It’s mainly divided into three parts: the State Pension, Workplace Pensions, and Personal Pensions. Here’s an
Defined Benefit vs Defined Contribution Pensions: What’s the Difference? When it comes to retirement planning, two of the most common types of pension plans are Defined Benefit (DB) and Defined