One of the benefits of being a homeowner is that you have complete control over your home. You can put this to good use to save yourself some money. In some cases, you may need to spend to save, but overall it will be worth it. Here are some ideas. Max out your insulation The […]
Advice
Understanding Power of Attorney
Powers of attorney come in two forms. Ordinary Power of Attorney is used when you are mentally competent, but still need some level of help (perhaps after an accident). Lasting Power of Attorney (formerly Enduring Power of Attorney) allows people to make decisions on your behalf should you become incapacitated. LPAs themselves come in two […]
Inflation and Investments
Inflation is basically another word for price increases. Its opposite is deflation. Inflation matters because it influences the cost of goods and services and hence how much income we need to support our lifestyle. Measuring inflation In principle, you can measure inflation (or deflation) by tracking the price of an item over time. In practice, […]
What’s your digital information worth?
These days, for practical purposes, you are the sum of your data. Everything you do online creates a data trail which doesn’t just point back to you, it comes to form a part of your identity, hence the term “digital identity”. As such, it is vulnerable to the threat of identity theft. With that in […]
Are we taking care of the vulnerable?
Who is vulnerable? At an individual level, we might all come up with different answers to that question (although there might be a lot of overlap between them). The Financial Conduct Authority (FCA), however, has a very specific definition of the term: “Someone who, due to their personal circumstances, is especially susceptible to detriment, particularly […]
How relevant life policies help to deal with death and taxes
Death is inevitable, taxes can often be managed to some extent. Using relevant life policies instead of life insurance can be an astute way to help those who are left behind after a bereavement without incurring a hefty tax burden. Relevant Life policies versus Life Insurance – the basics A Relevant Life policy can only […]