What makes someone good at managing their money? Sure, it involves keeping a budget, understanding how finance works and knowing how to make it. But a growing number of financial experts believe that’s only half the battle. Understanding what is known as your ‘money personality’ is just as important – and yet it is often overlooked.
Your money personality is how you interact with it – whether, for example, you tend to splurge or save militantly, don’t care about money
If you’re still looking for some last-minute gift ideas, you might want to consider looking at collectables.
There are plenty of items that you could buy as an investment, like a first-edition book or vintage bottle of wine, but these can often be expensive.
Instead, looking for smaller-ticket items and buying ‘one to play and one to put away’ could net you some extra cash in the coming years.
We speak to some collectable experts about what gifts might rise
Millions of us are sitting on a goldmine — we just don’t realise it. Old DVDs gathering dust, clothes that are now vintage treasures and defunct electronics containing valuable parts are among the gems many of us no longer use.
So if you totted up all items you own around the home, you could be sitting on thousands — or even tens of thousands — of pounds worth of possessions.
Many of us are guilty of either piling up clutter,
When the pound sank to an all-time low against the dollar on Monday, you would be forgiven for thinking it was just another storm in the City that has little to do with your day-to-day finances.
But within hours, fears this may cause inflation to soar higher prompted analysts to warn that interest rates could hit a startling 6 per cent next spring for the first time since the turn of the century.
For millions of homeowners, who would face
With the cost-of-living crisis biting hard for many households, vital free advice helplines and charities are dealing with a deluge of phone calls from worried people.
Working on the frontline in an attempt to help people is a difficult yet rewarding role as they attempt to unlock financial help and dish out advice to help people manage their finances.
To find out what it’s like to currently work at one of these incredibly busy helplines, we spoke to Micheal, a
Although we’re not yet two-thirds of the way through the year, I’m sure that once 2022 comes to an end, it will be commonly referred to as a financial ‘annus horribilis’.
A year, 30 years on from the Queen’s own annus horribilis, when our household finances were tested like never before.
Scary? Absolutely, but I fear that we’re heading for not just one annus horribilis, but two – and next year could well be far worse. Anni horribiles.
Without wanting
The cost of living squeeze is biting hard. But that doesn’t mean there aren’t simple tips and tricks to help navigate your way around it.
Each Friday, we provide five tips we think are worth noting that can go a little way to helping you save money, or make money in the midst of sky-high inflation and rocketing bills.
This week, it looks at why you should buy an electric heater this summer to combat soaring energy bills, British Gas
Your 40s can be a financial turning point: your finances may be in a better shape than earlier in life but this is the age when people are likely to be raising a family, trying to climb the property ladder and invest for their future and retirement.
It’s an age when you may have reduced personal debts, but borrowed big on a mortgages; have a decent savings pot but are keen to invest it to work harder, are on higher
