Nearly one in ten women are saving money without telling their partners, according to Scottish Widows.
Tag: Savings
Motley Fool: Top Cash Child Trust Funds
Anyone who’s had a baby in the last four years will have been entitled to the government’s £250 lump sum (more for families on low incomes) to invest in a Child Trust Fund. Although the money can’t be touched until the child reaches 18 years of age, it’s free from income and capital gains tax.
Motley Fool: How Not To Get A Mortgage
This is a true story, about how a friend’s nephew was almost driven to penury in his quest for a mortgage (I’ll just call them “nephew” and “uncle” to protect their privacy). Nephew’s mistake, common to many, was to seek the services of one of those mortgage salesmen who masquerade as financial advisors (you know, the kind who work on commission and who make more money the more expensive a deal they sell you).
Motley Fool: Britain’s Best Cash ISAs
The other day I encountered a 17-year old schoolgirl who was fanatical about saving. Her part-time job pays her the rather princely sum of £140 a week and she saved most of it. To say I was gobsmacked is an understatement but then I suppose I don’t know that many teenage girls or what they do with their money, whether it’s an allowance from their parents or earned income.
Motley Fool: Tracing Your Lost Money
A couple of years ago, the Chancellor of the Exchequer came up with the idea of using the billons of pounds lying in dormant savings accounts across the UK to help combat poverty.
Motley Fool: The Credit Card Safety Guide
How on Earth does anyone manage to get nearly 60 credit cards? The rate tarts amongst you would love to know, so that you can get more cards and better deals. If you find out, you hopefully won’t decide to max out all 57 cards to reach £412,000-worth of debt, as one man did according to the Consumer Credit Counselling Service.
Motley Fool: High-Interest Current Accounts
Most current accounts pay a rather paltry rate of interest when you’re in credit. It makes you wonder why banks even bother paying it when the best they can do is 0.1%!
Motley Fool: The Best Children’s Savings Accounts
A few months ago I opened Halifax Children’s Regular Saver accounts for my two young nieces. It was an easy choice to make because it pays a whopping 10% for a year.
MoneyExpert: Britons Admit To Failing On Savings
Almost three quarters of Britons, or 72 per cent, say that they are failing to save enough cash for the future, a new IFA Promotion poll has shown.
MoneyExpert: Ethics As Important As Returns Say Savers
A new generation of savers are increasingly looking for ethical value from their savings in addition to the best rates available to them, claims Friends Provident.