ISA stands for Individual Savings Account and the basic idea behind them has remained largely the same since they were introduced. Essentially, they’re a tax-efficient way of saving and/or investing. For adults, there are currently five types of ISAs. These are: Cash ISAs, Stocks & Shares ISAs, Innovative Finance ISAs, Help to Buy ISAs, and […]
Savings
Practical financial management for new recruits to the armed services
Starting a new job can be an exciting, not to say nerve-wracking, experience for anyone, especially if it is your very first job (or at least your very first proper adult job). Joining one of the armed services can be particularly emotional, particularly if it results in deployment far away from your family and established […]
Saving For Junior
Sending a child to school for the first time is a significant milestone in many ways and, if truth be told, one of those ways is financial. Even though childcare costs may still be an issue, especially in the school holidays, the fact still remains that school provides a place to keep children safe while […]
Understanding your options for saving for your child’s future
As the old joke goes – parents keep photos in their wallets because it fills up the space where their cash used to be. All joking aside, one of the many shocks of new parenthood is discovering that children typically need more money than sleep. Sadly nobody has invented a method to save up sleep […]
Britain’s Best Lenders – Mum & Dad
The days of 100% mortgages are unlikely to return any time soon. Quite the opposite, in the current climate, it’s a case of “the bigger the better”, where deposits are concerned. While it may be the purchaser who hands over the deposit, many first-time buyers are turning to the bank of mum and dad for […]
What Now for Cash & ISAs?
It may seem hard to believe these days, but once upon a time, savers with relatively modest bank balances could still generate a decent income from leaving their money in a savings account to earn interest. Right now, however, those days are long gone and unless and until they come back, people need to think […]