Iona Minton writes a feature for the teens to understand the importance of savings and avoid a debt. She mainly goes back to teach the youngsters to learn from the life of the parents and the way they saved money in their first venture. She emphasizes on...
Tag - savings
Dividing expenses after marriage is a huge issue, especially if one of the partners is not earning as much as the other partner. In such cases you need to take care of the contribution that you can afford. In other words you also have spend the equally...
A survey by Intelligent Finance has revealed recently that most of the savers are paying taxes on their hard-accumulated savings. The report revealed that 1007 savers who have saved more than 2000 pounds need to pay tax on the interest earned by them....
The recent tax reforms to be enforced from April 6th will help the Britons save more during for their retirement. As per the traditional tax-contribution a person in his employment period could give only a portion of his income, but as per the new reform...
Many a time our savings get washed away in times of emergencies and donations, to top all these meeting the demands of kids also comes and interferes with our savings priorities. In such situations Iona Minton gives you some tips where you can save even...
The best savings product is where your money grows and therefore you need to be careful with the savings product you choose. Therefore, you need to evaluate the market and choose a savings product according to your savings and withdrawal priorities....
There are two types of 529 savings plan one that is state-sponsored tax-free plan where you deposit money to take it out later for the payment for your child's education and the other is a pre-paid tuition plan in which you puchase a contract to buy in...
It is very difficult to save for you child's educational future, with the annual fees, price of books and the cost of projects that come-by, spending often becomes difficult. There are certain tips to handle these situations:
1. Pay through the...
Britons can maximize their savings if they effectively use their tax-savings tool. A survey conducted by Bradford & Bingley shows that out of 61 percent of Britons only 25 percent use a tax-free scheme called as ISA (Individual Savings Account). ...
One out of four parents in the UK, by not investing in their child trust vouchers, is missing the opportunity of maintaining the account of their choice and then the parents end-up blaming the government for it. The government deposits its contribution...
A survey reveals an average British smoker spends £1,800 a year on cigarettes; the financial advisers have come up with a figure following the figure mentioned above and an estimate that would drive a smoker to think a bit. The estimate is that the money...
The all new Intelligent Finance lifetime balance transfer credit card offers an interest of 4.9 per cent on all transfers and perk up the savings of the UK credit card holders to £2.8 billion. The card has proven its credibility with 12.4 million balance...
It doesn't matter whether you are a businessman or an employee, if you are planning to go for an investment, the best way is to invest in a Registered Retirement Savings Plan (RRSP). How much you draw during your retirement period is how early you invest...
Paying off debts becomes really hard and you end up putting your hands in more than one job to pay it off. A survey 1,000 adults done by financial services company Liverpool Victoria shows that one in five adults spend their time working with two jobs in...
You generally invest money on stocks and bonds, but they have their own share of risk, but if you go for ISAs and pensions, most of the things depend on your savings capacity. The ISAs are Individual Savings Accounts, where you have to deposit £3,000 in...
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