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!
Settings goals is a must. The start of a new year (and a new decade!) is a great excuse to set some goals for the next 12 months.
Recessions come and go, but it is important you are prepared for a recession, and can capitalise on the opportunity when stocks are cheaper. Holding cash, having an emergency fund, and paying debt, are three ways to not only prepare yourself, but benefit from a recession.
Pay debt or Star Investing? Mathematically, it is best to do whatever produces the higher return. However, paying debt is likely to be the better option because of the financial and mental strain it causes.
Saving more of your money each year means you can invest more and spend more money on things that you enjoy. In this post we suggest 5 things, which you can start from today, which will save you money!
Credit cards help to build your credit score, helping you get lower interest rates in the future – as well as many other benefits. Make sure you pay off your card in full each month, and only spend what you can afford.
A Lifetime ISA is a way to grow money tax-free. You can put up to £4,000 into a LISA in either Cash or Stocks and Shares, but you can only use this money to buy your first house or for retirement (or incur a withdrawal penalty).
