In recent years, the effects of climate change have become increasingly apparent. In fact, in 2019 the UK government announced we are facing a climate emergency. Friday 22nd April marks Earth Day 2022. This is a time for us to think about our habits and how we can change them for the good of the planet. In recognition of this important message, we have compiled a list of affordable ways to reduce waste. Why Reduce Waste? According to a 2020 report, the UK sends 14 million tonnes of waste to landfill every year. Of all the waste we produce, this comes to roughly 55%. When …
10 Ways to Help Older Relatives Save Money
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 …
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 Much Does a Funeral Cost in 2021?
We’ve all seen the adverts talking about how expensive funerals are nowadays. As we get older, many of us may start to worry about whether we can afford one, or if our loved ones are going to get saddled with the bill. It’s not something we want to think about, but we have to consider funeral costs. How Much Does a Funeral Cost? According to SunLife’s Cost of Dying Report, the average cost of a basic funeral is now £4,184. This is the highest it has ever been, up 1.7% from their 2019 report. It is also an increase of 128% since 2004. The figures also show that costs have …
A Guide to the Different Types of Pensions
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. But …
