#financial-advice

#financial-advice

Happy Birthday: Pay attention to spending, overhead and investments. Focus on where you benefit most and head in that direction. Create opportunities, and the rewards will offer greater satisfaction. Draw the line when dealing with people who tend to be a bad influence. Saying no to excess and indulgent behavior will enhance your reputation and encourage you to foster stronger relationships. Be a leader, not a follower.

Wealthy people tend to think differently about money. Here, the financial experts who give them advice explain what sets them apart

Bernard Doyle, at 73 years old, was astounded to discover in 2020 that there were insufficient funds in his pension account after following investment advice.

Nearly one in five (18%) of accounts include a bonus rate of 1.88% for nearly a year on average. Nearly half (44%) restrict the number of withdrawals, while 28% impose interest penalties for too many withdrawals and 16% have restrictions such as a high minimum balance or requiring customers to have a current account with them.

Nearly half of DIY investors (48%) said their investments dropped in value and 57% of Baby Boomers have had their investments drop in value, compared to 43% of Gen Z, 47% of Millennials and 49% of Gen X.

Many commenters questioned the wisdom of urging people into the stock market, arguing that fixed-rate savings accounts and tax-free ISAs already offer attractive returns of 45 per cent, with none of the potential losses.

Letting go of a losing stock is simple, but clinging to a winner - especially one that's doubled, tripled, or quadrupled your initial investment - is where the real challenge lies.

When Mercury retrograde begins, it can cause financial mix-ups and communication snags that complicate negotiations and new endeavors, urging a focus on old opportunities instead.

Understanding your friendships from a perspective of financial inequality can help to realize that wealth often comes with hidden costs, including emotional stress and personal sacrifice.

Personal and financial growth is heading in your direction, and your efficiency will determine what transpires. It's up to you to influence your future.

As a youngest child in a generous family, the dilemma of financial fairness amid personal challenges is revealed when siblings' situations vary.

According to HMRC, you do not pay tax on savings. Just to be technical, that’s incorrect. It's savings interest that is taxable, not savings.