Retirement planning is critical to ensuring a pleasant and financially secure future. Pensions are essentially saving pots for retirement so understanding the fundamentals of pensions is a critical component of retirement planning. In this blog, we will look at the fundamentals of pensions, such as their importance and types, among other things. Let’s dive into […]
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Derivatives are sophisticated financial tools that have grown in popularity in recent years. They are frequently utilised by investors, traders, and institutions for hedging or speculation purposes. In this article, we will look at derivatives, their different types, roles, and the potential risks and rewards that come with them. What are Derivatives? Derivatives are financial
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Day trading has gained popularity in recent years, propelled by the promise of quick riches and financial freedom. The internet has been inundated with online platforms and self-proclaimed experts claiming to have the secret formula for lucrative day trading. But in reality, is day trading profitable? Amid the allure, it is necessary to objectively assess
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For a good reason, charity shopping has grown in popularity recently. You don’t only find interesting and reasonably priced items, but you also help a worthy cause. However, there are still some tips to help you secure the best bargain. To help you get the most out of your charity shopping experience, we’ve collected a list
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Planning for Inheritance tax (IHT) is a crucial component of estate planning, and people frequently look for legal ways to reduce its impact on wealth transfer. One such approach is to take advantage of the inheritance tax loopholes known as “normal expenditure” to avoid inheritance tax. This article will look at typical spending, its ramifications,
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Parking fines, commonly known as Penalty Charge Notices (PCNs) in the UK, can aggravate. Especially if you believe you have been penalized unfairly. The good news is that you can challenge the PCN as a vehicle owner or driver and get your money back. This article provides a step-by-step tutorial to effectively challenge PCNs. Following
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Setting clear financial goals is critical for achieving financial stability and success in today’s fast-paced world. You may acquire control over your finances and make educated decisions by identifying your goals and creating a plan to achieve them. This article will walk you through developing effective financial goals, including useful insights and concrete activities. The
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Calculating your net worth is an essential part of your financial health, and it is the first step towards taking control of your financial future. In essence, your net worth is the difference between what you own and what you owe. It provides an overall picture of your financial standing by indicating how much money
Personal Finance 101: What is Net Worth and Why You Should Track It? Read More »
For many people, owning a car is as essential as food and drink. That comes with the legal obligation of paying for car insurance. Like me, you may be already tired of paying high car insurance premiums? The good news is that there are several (we count 14!) ways you can save money on your
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We introduced crypto as an asset class on HYW before. But we never answered the question “what is crypto?” in detail. This is mainly because crypto is a complex and polarising asset class. It has been either dismissed by critics or hyped by fans since its creation. This is why we had to produce a
Investing 101: What is Crypto? Everything You Need To Know Read More »