Pensions can be a confusing subject. Whether you're approaching retirement or only just starting to plan for the future, understanding your pension(s) is crucial if you want to look after your finances. Did you know there are three main types of pension in the UK? This article will explain the different types of pensions to help you find the right scheme for you. What are the Main Types of Pension? Plenty of us don't bother thinking about our pensions until we're well into our working life. After all, retirement seems a lifetime away when you're a young person in your first job. …
Energy Efficiency: Save On Your Winter Energy Bill
Energy efficiency is a hot topic, particularly during the colder months of the year. The additional cost of heating can be a strain on your winter energy bill if you don't clamp down on it. Keeping a warm, dry home is also really important for your health in the winter. Here are some ideas on how to make your home more energy efficient, and ways to help you save on your bill. Do-It-Yourself Energy Savers There are some very easy, small things you can do yourself to improve the overall energy efficiency of your home. While they may be small changes to your daily routine, they can …
What You Need to Know Before Investing Money
Later in life, many of us must consider what options are available to us in terms of how we use our money. Most people would like to reap the rewards of the money they have. This is why a lot of people turn to investing. The prospect of investing money for the first time can feel like a minefield, so we wanted to break down some of your options and look at the risks and rewards of each. What is an Investment? An investment means storing your money where it will hopefully earn interest. An investment is always a gamble though, and it is crucial to understand this fully before you …
How to Stay Young: Tips for Older People On a Budget
'Staying young' is a phrase thrown around often and you may hear it more as you get older. It can have different meanings to different people. Whether it's looking younger or feeling younger, there's a whole plethora of advice out there on how to achieve these looks or feelings. However, much of this advice might include travelling or perhaps beauty treatments to achieve this, which can be out of reach for many of us. However, the simplest way to feel younger is to try new things. Our younger years are so exciting and go so fast because almost every experience we have is new to us. …
What is Probate? A Simple Guide
Probate is the process of negotiating an individual's assets after they have passed away. This can include settling debts they may have and/or distributing their estate and wealth in accordance with their wishes. Probate is a relevant course of action whether a will has or has not been written. However, not everyone will need it. If the assets are jointly owned by a spouse or partner, probate will not be needed as the capital will automatically pass over to the joint owner. Probate is only usually needed if the deceased owned property or had over £5,000 in the bank. Who Needs to …
Life Lessons: Top 5 tips to the younger generation
As we get older, it should come as no surprise that with the years of experience comes added wisdom. Whether it's or relationship advice or tips on how to improve yourself as a person, there are many life lessons younger people can learn from their elders. We asked some of the older people in our lives, including parents and grandparents to impart some of their wisdom on us, and share their top tips to the younger generation. Here's what they had to say. 1, Live in the moment Nowadays, more and more of us are obsessed with posting our lives on social media. Often, this is harmless …
