Make ‘small sacrifices’ to build savings pot of £10,000

YOUNG workers who struggle to save could build a £10,000 pot in seven years by saving £5 a day on shop-bought coffees or lunch.

That is the claim from one provider of stocks and shares ISAs as the stock market booms ahead of a new tax year for ISAs.

Fidelity International has calculated that by making “small sacrifices”, such as making a packed lunch and diverting £100 a month from the sandwich shop to a savings shop, the cash-strapped could get saving via the stock market.

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4 ways financial planning can support your mental health

Poor mental health can affect every area of your life, including your financial wellbeing. It can impact your ability to work, make key financial decisions, and stay on top of your money. At the same time, financial worries can put more pressure on you when you are already struggling, which can create a negative cycle. […]

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Are you and your partner financially prepared for life’s big events?

Life is full of twists and turns, and sharing that adventure with a partner can make the ride both more manageable and more complex. If you have a partner, you may decide to make financial plans for each new life event as they come, whether that’s having a child, getting married, or ending your relationship. […]

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Concerned about the Budget? Here’s why you should be careful about reacting to rumours

With the new Prime Minister’s Budget just around the corner, there is intense speculation about what may or may not be on the table. While Keir Starmer and Rachel Reeves made various fiscal promises and commitments not to raise certain taxes, Andy Burnham and John Healey could override their predecessors. Of course, whether they will […]

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Guide: 5 financial lessons to learn from Queen lyrics

If you “open your eyes, look up to the skies and see…”, you can find financial planning lessons in the most unexpected places. You’ve no doubt heard many of Queen’s greatest hits countless times. You might have danced to ‘Don’t Stop Me Now’ at weddings, sung along to ‘Bohemian Rhapsody’ in the car, or stomped […]

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