Want to get your personal finances in shape? Then the start of the year is a perfect excuse to do this. Whether 2020 was a good or bad year for you, it’s time to move onwards and upwards in 2021.
The show notes for The Making Money Podcast. #2 – Credit Cards With @thepfcoach.
Your house is not an asset.
So, how can you turn it into an asset? In this blog post I will explain why your house is not an asset, why that is necessarily not a bad thing, and also how you can turn your house into an asset.
The show notes for The Making Money Podcast. #1 – Why You Need Financial Education.
The answer is an overwhelming yes. It’s a no brainer.
I was reading the recent addition of Hargreaves Lansdown’s ‘Investment Times’ magazine and there was an article written on whether ISAs (in general) are a thing of the past.
This shocked me because why would someone not want to use an ISA? It’s the perfect way to grow your wealth tax free.
I built my credit limit from £200 to £3,000 and my credit score from absolutely nothing to ‘good’ within less than a year. Now, after having credit for less than two years my credit score is ‘excellent’. In this post I’m going to tell you what I did, and how you can do this too.
Whatever position we are in, there are ways we can speed up our own paths to financial independence. Save more, earn more, reduce fees and reducing taxes are all ways to accelerate your path to FIRE!
Saving for a deposit for your first property is hard. But it is possible.
Increasing your active income, utilising government schemes like the LISA. and managing your money well through a budget, will put you in the best possible position!
The rent a room relief scheme is a great way to earn some tax-free money by renting out a room in your house. Not only is up to £7,500 tax-free, but your lodger is paying down your mortgage for you.