When you’re in a serious relationship and considering a future together, it’s essential to have open conversations about various aspects of your life. Ensuring that you and your partner are on the same page about important decisions is key to maintaining a healthy and lasting relationship. Topics like family size, homeownership, and career goals are…
Have you hit some financial bumps in 2013? Maybe you’re grappling with debt or haven’t set up an emergency fund yet. Starting a retirement account apart from your employer’s contribution might still be on your to-do list. Or perhaps you’re worried about saving for your child’s college education as they get older. If any of…
Seeing the grocery bill climb higher and higher each day is becoming increasingly frustrating. It’s only going to get harder, particularly for people with lower incomes who can’t easily get to discount supermarkets. According to the United Nations, global food prices hit a record high in February due to rising gas prices and stockpiling by…
Shopping for car insurance often feels like a daunting and time-consuming task, and I used to think so too. But then I had to tackle it myself. A couple of months ago, I had an accident that involved my car and my house, and unsurprisingly, the house won. It was a silly mistake on my…
Whether you’ve lost your job, welcomed a new baby, or are getting ready for your wedding, big life changes are a great opportunity to review your mortgage. Doing this can help you cut costs and boost your savings. Job Loss or Major Illness Losing your job or dealing with a serious illness that keeps you…
Investing is a key part of managing your personal finances. When done correctly, it can enhance your wealth and give you financial stability. It’s important to follow a specific sequence of steps, completing each one fully before moving to the next. This helps ensure your investments grow without affecting your everyday life. First, get educated…
As the New Year begins, it’s a great time to focus on planning your taxes. A big part of this is knowing the difference between tax deductions and tax credits. Understanding these can make your tax payments more efficient, ultimately boosting your household’s finances. **Tax Deduction** Tax deductions help reduce the income you owe taxes…
City regulators are pushing ahead with new liquidity rules despite objections from Barclays and Nationwide. They believe these changes need to happen quickly, ideally before the global 2018 deadline. Paul Tucker, the deputy governor of the Bank of England who oversees financial stability, has called the banks’ opposition “totally unacceptable.” He insists the regulations must…
Are you thinking about starting your own business? If yes, you’ll need to think about things like setting up a business phone system, finding office space, hiring employees, and managing finances. These basics are crucial to get in place before you start. Besides the practical details, leaving your regular job to start an entrepreneurial venture…
If you’re self-employed or a sole trader, it’s essential to protect yourself from challenges that could harm your business. One way to do this is by making sure your clients or the public are safe while they’re on your premises. Public liability insurance helps you handle unexpected issues that might come up. To get public…