Most of us recognise the importance of putting some money away for a rainy day. But, many of us are still not saving for major life events that are set to occur a long way in the future. For example, 41% of Brits are not building up sufficient funds to pay for their children to go to university or take on an apprenticeship. A similar number are not saving enough for retirement.
Yet, as you will see, there are efficient ways to save money for events that won’t take place for many years. Below, are details of just a few … Continue reading
If you have teenage children, you will be well aware that they are maturing and slowly getting closer to entering the real world, where money management is so important. It is essential that your teenager understands the value of money and how to manage it, to ensure their transition into adulthood is smooth and as debt-free as possible.
To help you enhance your child’s financial knowledge, you should take a look at the following tips, which will make sure that your teenager understands how to achieve financial independence, and manage their money successfully.
Set a good example
In order to … Continue reading