The budget was expected. The emergency meeting of the Monetary Policy Committee of the Bank of England, by definition, was not. Both had meaningful implications for personal finance. Interest rates were cut from 0.75% to 0.25% (and have since been cut again to 0.1%) The initial cut sent interest rates back to where they were […]
Archives for March 2020
Is Poor health Making You Poorer?
Although the UK has both a welfare system and free public health care, illness and injury can impact your finances. While there’s a limit to what you can do to protect yourself from becoming ill or injured, you can certainly have a think about what poor health would mean to you and what steps you […]
What Diversification Really Means
Investment portfolios are like teams. They should all work together harmoniously, with each member bringing their own strengths to balance out the others’ weaknesses so that no matter what happens, you wind up with a good result. That’s the theory. The art, science and skill of diversification is building an investment portfolio that makes this […]