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What does take away or cafĂŠ coffee really cost, and how much could you save over time by making coffee at home with a coffee machine or even a premium freeze dried instant coffee?
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If you’re a worker in the UK under 40, do you think you’ll ever be able to retire? It’s a crazy thought, but with the state pension age rising, how old will you actually be when you hit retirement age? Will you be 68? Or 70? Or when the government eventually decides you’re old enough?…
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If youâve read my book, youâll know this already: life gets a lot easier when you buy the right house in the right place. But what is the right place? You could buy a crumbling shed in the middle of nowhere and call it âsimple livingâ⌠but give it six months. No convenience, no community,…
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Youâve probably heard wealthy Americans talking about âBuy Borrow Dieâ, or the slightly more dramatic âBorrow Until You Dieâ? It sounds like some kind of billionaire loophole, doesnât it? In simple terms, the strategy works like this: The key point you need to lodge in your head about this is – you generally donât pay…
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We were driving around France on a budget camping holiday a few years ago, when a sudden heatwave left my wife adamant we should switch to an AirBnB with air-con. “The heat’s unfair on the dog!”, she said, and she had a point. However, well into a frugal pension-loading phase of my life, having to…
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The benefits of buying a leasehold are often overlooked. Especially as buying the right leasehold could make you much wealthier than stretching to buy a freehold you don’t need.
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In the UK? Is The Simple Path to Wealth by JL Collins a worthwhile read?
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Salary sacrifice is one of the most tax-efficient ways to build wealth in the UK. It is not a pension itself. It is a way of paying into your pension before tax and National Insurance are taken from your salary. The result is simple. You reduce tax. You increase pension contributions. More of your income…
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A Lifetime ISA (LISA) is a UK savings and investment account that gives you a 25 percent government bonus on what you pay in. It is designed to help you either: That is the core idea. You put money in. The government boosts it. It grows over time. What is a Lifetime ISA? A Lifetime…
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A SIPP is a Self-Invested Personal Pension in the UK. It is a pension account that gives you tax relief when you contribute and allows your money to grow over time for retirement. The key idea is simple. You put money in now, the government adds tax relief, and it compounds until you retire. What…