Talking to kids about the value of money
Posted by Andrew_Smith on Friday 22nd of July 2022
After seeing their six-year-old son’s birthday list, Liz and Dan have realised it’s high time they started teaching Archie about the value of money. It’s true they both have reasonably well-paid jobs and only the one child but, even so, a Saint Bernard puppy, a quad bike, a horse and a life-size dalek don’t come cheap. So, what can Liz and Dan do to ensure Archie doesn’t end up bankrupting them before he goes to high school?
Pocket money
Archie is nearly seven - the age when most parents start giving their children pocket money, according ...
Weathering Stormy Investment Conditions
Posted by Andrew_Smith on Monday 27th of June 2022
10 ways to reduce your tax bill
Posted by Andrew_Smith on Wednesday 22nd of June 2022
Being tax smart means knowing the basics about how tax affects your life and money. Here are 10 ways to reduce your tax bill, which could make your money go further for you and your loved ones.
Personal savings allowance
You’re entitled to receive some interest on your savings tax-free every year, depending on your income tax band. For non-taxpayers or basic rate taxpayers you’re allowed up to £1,000 per year; for higher rate taxpayers you get £500. If you have savings with a spouse or partner, you can each use your allowances against your...
