Introduction Let me start this post with hopefully the most obvious statement I’ve written to date: nobody’s primary reason for getting married should be because for money, let alone purely for tax benefit reasons. If you are a regular reader of this blog, you’ll know that in June 2017 I got engaged to the love of my life and we married in Summer 2018. Due to my interest in personal finance I was keen to know if getting married would…
Introduction Retirement, it is something which millennials often think is too far away to think or worry about. However, I think about it more than your average millennial because I want to be able to retire early. If you are a millennial in the UK the chances are you won’t be able to receive your national pension until you are at least 70, given most people would have started full time work between the ages of 18 & 22, that…
Introduction There appears to be more recognition than ever of the difficulties first time buyers – the majority of whom are millennials – are having trying to get onto the property ladder. On first glance the Lifetime ISA (LISA), along with the Help to Buy ISA, is just another tool the UK government is using to add at least a little more balance to the system. But in reality, the LISA is more than that. The LISA is also…
Introduction I wanted to focus on this topic given some rather worrying articles & findings which have been coming out in recent months on Millennials and there inability and unwillingness to saving for the future. Whilst many things for us millennials are much better than previous generations; smartphones, noise-cancelling headphones and Netflix to name a few, our prospects of having a comfortable well financed retirement is definitely not one of them. Millennials are being hit by an avalanche of things…