13 commonsense tips to help manage your finances Key points Getting your personal finances right can be a challenge. Here are 13 tips that may be of use: shop around when it comes to financial services; don’t take on too much debt; allow that interest rates can go up as well as down; allow for rainy days; credit cards are great but they deserve respect; use your mortgage (if you can) for all longer …
Successful investing despite 115 million worries and Truth Decay – how to turn down the noise Key points A surge in financial information and opinion combined with our inclination to focus on negative news risks making us worse investors: more fearful, more jittery, more reactive, less reflective & more short term. This is potentially harmful to our long-term financial health. Five ways to turn down the noise & stay focussed as an investor are: …
Life’s not all beer and skittles – how to manage a lump sum Winning the lottery is the ultimate financial dream for many folk, but most people will not fall into the category of lottery winners in their lifetime. However, many will receive a lump sum at some stage – whether it’s a redundancy payment or an inheritance on the death of a relative. Thinking “spend, spend, spend” when it happens will soon end the …
