#financial-advice

#financial-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.

The only person who can deem it "fine" to spend on private school is the parent paying the hefty bill. High income doesn’t justify high costs.