How I use ‘sinking funds’ to better manage my budget and avoid bill shock
Earlier this year, I found myself between jobs. The news came out of the blue, and I had to reassess my spending while I looked for work. The situation would have been much more difficult had it not been for my sinking funds. If you haven’t heard the term before, a sinking fund simply means […]
Breaking the cycle: How to stop money worries from affecting your mental health?
Have you ever wondered, “Where did all my money go?” and “How should I plan my savings?” and found yourself spiralling into anxiety? Financial stress is a common struggle that can affect anyone, regardless of income level. Constant worry about unexpected expenses or debt can affect your mental well-being. It’s important to recognize the signs […]
How to access money when bank if offline
Several Microsoft users are currently impacted by a worldwide outage Friday morning. Travelers are seeing extreme delays at airports, and some banks are offline. While this outage may concern people trying to access their money, there are steps that can be taken to access a bank account. The Consumer Financial Protection Bureau encourages people to […]
How to pivot your career when you’re sick of the rat race – but not ready to retire
Given the 3.6 million “economically inactive” people aged 50-64 in this country, along with Britain’s productivity problem, it’s a topic that should be receiving far more attention. In the 2023 Budget the Chancellor announced a big “returnership” initiative to help over-50s back to work, but it was later explained that this was really only signposting […]
Here’s how to find out if you have missing money owed to you in Illinois – NBC Chicago
The Illinois State Treasurer’s office is holding over $5 billion in unclaimed funds for Illinois residents, leaving money on the table for thousands of Illinoisans who may be unaware that they are owed money. According to Illinois Treasurer Michael Frerichs, the Treasurer’s office holds any unclaimed funds until they are claimed by either the original […]
How to invest according to your job and life milestones
Pssst, I’ll let you in on a little secret: want to know what the best possible investment is? Your workplace pension. Now this is not a judgment on your default fund – more on how to review that later – but instead a big pompoms, cheerleading high kick for the scheme itself. Because your workplace […]
How to maintain a career and a family – from non-negotiable family time to odd socks
If you have a question for Helena Morrissey about work, pay or family, please email [email protected] I speak at many events for women in business, and this topic comes up every single time. It doesn’t matter how often we discuss it: on a personal and practical level, the dilemma of career vs family is real […]
How to protect your money when you get married after 50
Tying the knot later in life is becoming more common. The most recent data from the Office for National Statistics shows that a fifth of marriages are now between those aged 50 and over. Along with a new lease of joy and happiness, marriage – or civil partnership – can bring a side helping of […]
Demat Account: How to check transaction history? Here’s a step-by-step guide
A demat account functions similarly to a bank account or an online wallet, but instead of storing money, it holds your financial investments, such as bonds, equities, and mutual funds. To utilise this service, you need to open an online demat account with a registered broker. This digital approach facilitates easy trading without requiring manual […]
How to make pension contributions to lower your tax bill
Top-rate payer? You can save 60.8pc If you use salary sacrifice, your employer might decide to pass on the savings it makes in National Insurance to you via your pension. Additional rate taxpayers would save 45pc in tax, plus 2pc in National Insurance. If the employer passes on its own 13.8pc in National Insurance, this […]