Give your children or grandchildren a financial present they can unwrap.
With Christmas just around the corner, making an investment for your children or grandchildren is a great way to give them a financial start in life, long after the festivities are over. Even small amounts can really add up if you save regularly from a child’s birth, there are many ways to invest on behalf of a child.
Christmas comes but once a year and for all the fun it brings it can be a significant drain on the family finances. With that in mind, it’s worth looking at opportunities to see where savings can be made. While it may still be too early to put up the decorations, some of the best Christmas bargains require a bit of advance planning.
Food and Drink
Think about having a non-traditional Christmas. Christmas dinne...
If your dream retirement is somewhere with more sunshine and less rain than the UK, then it may be time to ask yourself “how will moving abroad affect my pension?”
The State Pension
You can claim your UK state pension if living abroad, but it will continue to be paid from the UK and in pounds sterling. (see https://qropdirect.com/QROPS_FAQ.php - Can I transfer a UK state pension?). This raises questions about t...