7 Dec, 2007
The most important key to the effective management of money involves time. The more time that you are capable of investing in the management of your affairs, the greater the return will be as a result of your investment. The earlier that you begin to manage your money, the more effective you will be when it comes to accomplishing your goals. There are too many people who try to go about managing money when it is too late in their life, and managing the money you have left is not as effective as managing your money as it comes in. In essence, there are four different questions that need to be answered by any money management programme that you participate in.
- What financial goals do you have?
- How soon do you want to achieve your financial goals?
- What funds do you already have available?
- What risks are you willing to make in order to reach these targets?
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16 Jul, 2007
For many years now, the UK financial industry has been dominated by the mass of Independent Financial advisers. These are the people who show us where to put our money, when to cash it in and what to do with it. But are they really independent?
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1 Jul, 2007
The UK Financial Services Authority (FSA) have just announced the results of a six month investigation into insider trading - the trading of shares in the knowledge of price sensitive information not yet made public. While the results are not surprising, it is the first time that the FSA have been so strong in their direct condemnation of market participants.
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23 Jun, 2007
While there are few areas of business that the internet has not touched in some way, the financial sector has benefited more than most from the internet super highway. However, while there are many savings to be made by missing out the “middle man†there are some areas when “savings†are perhaps not as large as advertised.
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22 Jun, 2007
As the government announce an official investigation into the house building sector, it appears that the buy to let sector may also come under the spot light. The problem with UK property is the fact that the number of new house builds has always seriously lagged behind the increase in demand. This has created a situation with more and more people chasing few and few numbers of houses on a relative basis.
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19 Jun, 2007
While many have mocked the promotion of “Green†issues designed to help the environment and improve standards of living, does “Going Green†really equate to massive savings for the consumer?
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