What Is The ISA Allowance For 2014/15?
From 1st July 2014, ISAs are changing; cash ISAs and stocks & shares ISAs will remain as separate accounts, but they will fall under an over-arcing single named account called “NISA” or New ISA. If you have already subscribed to a cash ISA or stocks…
What Is ‘Setting Off’ And How Do I Avoid It?
Let’s say you’re out with a friend. You go and have a meal, catch a film and have a few drinks. The only hitch is he’s forgotten his wallet (how convenient!). But it’s no big deal. You have enough cash on you, so you pay….
Financial Product Perks For Cohabiting Couples
There’s an old adage that two can live as cheaply as one, however, this doesn’t always hold true. Two people will consume more food than one for example and will generally use more energy, but splitting housing costs and utility bills will certainly cost less…
Zopa Review: What Is It And How Does It Work?
Table of Contents Zopa for Savers Selecting a Market Finding a Borrower What are the Restrictions? Can I Withdraw My Money Sooner? How Much are the Fees? What are the Risks? Zopa for Borrowers Applying for a Loan How Flexible are Loans from Zopa? What…
What Is Peer to Peer Lending & How Can I Benefit From It?
Peer to peer lending services aim to link up those in need of funds with people looking to make an investment. Some peer to peer lenders supply loans to individuals whereas others focus on helping small businesses acquire credit. Though all lenders have their own…
How To Save For A Deposit
With mortgage lenders potentially asking for relatively large sums to secure a loan, saving for a deposit can feel like a daunting task. According to the Guardian, it takes 37 months on average to save a 10% deposit on the average UK property. If that…
De-Clutter Everything But Your Wallet
If you’re short on money, you’ll be surprised at how much you can raise simply by plundering your possessions and getting rid of everything you no longer need. Not only will your bank balance receive a shot in the arm, you’ll probably also find you…
Junior ISA – The Tax Efficient Savings Vehicle For Children
Much has been made of ISAs in the past and how it’s a great way to save for the future, so much so that Junior ISAs have been launched to encourage parents, grandparents and other family and friends to help save for a child’s future….
Young People Today Are Better Savers Today Than Their Parents
Are a younger generation of savers doing a better job than their parents? This question demands a composite response – namely, recent surveys have shown that while our youngsters are better at saving for their education, many are not recession proofing themselves. Now we will…