Talking ’bout my generation? Financial tips for thirtysomethings

In the latest part of our regular series, we offer our top tips to each generation for dealing with the financial crisis, this month we look at the problems facing thirtysomethings. Your 30’s traditionally the decade of your life when you raise a family, move on from your starter home, and start thinking about pensions, life insurance and other ‘sensible’ financial planning. Has the credit crunch and subsequent financial crisis changed that? Probably not, if you were already on the housing ladder when the full effects of the financial crisis struck. But definitely if you are still looking to buy your first ...

Which Is Better: Saving or Investing?

Which Is Better: Saving or Investing?We all know that we should be saving for a rainy day, but what are the benefits of investing over simply saving? Do you know when the best time to start investing is or what's a good investment opportunity? Here is a look at whether it's a good idea to stop just saving and start to invest some of your money. The wide array of financial products available can be confusing, so it's best to do some research and seek advice ...

Pensions: Women saving less than men

New research has shown that women are saving less than men for their retirement. The study by the Halifax found that over the past year the gap between what men and women save for retirement has widened. The amount men save for when they finish work has actually risen during the last 12 months to 10.2% of their income, up from 9.7%. At the same time the percentage of their wages which women save has fallen from 8.8% to 7.5%. According to the Halifax 49% of men are making adequate provision for retirement, compared to 42% of women....

6 simple tax saving ideas for the start of the tax year

The end of the tax year has been and gone, it's a time of the year that never ceases to amaze us. Why do so many people wait until the end of the tax year to sort out their financial affairs? It makes far more sense to do so at the start of the tax year and enjoy almost a year’s extra tax efficient saving and investing. On that note we’ve put together a list of six things you should consider doing now to make your financial affairs as tax efficient as soon as possible. 1.    Use your ISA allowance...