How does your household spend compare to the UK average?

The ‘cost of living’ is a phrase that’s rarely out of the news, and increasing bills and prices in the shops appear to back up the claims that our household spending is on the rise. The Office of National Statistics (ONS) has released its report for the nation’s household spending for 2016/17 and it shows that we … Continue reading “How does your household spend compare to the UK average?”

How much should you keep in cash?

Is cash still king? The twin pressures of inflation and low interest rates are making cash savings less attractive – but what are the alternatives, and do they suit your needs? The main attraction of cash is that… it’s cash. The money is there exactly when and where you need it, and typically know you … Continue reading “How much should you keep in cash?”

Rising inflation – what does it mean for your money?

Why could our grandparents buy sweets for a ha’penny, but children’s pocket-money is now measured in pounds? It’s all to do with inflation – and your savings, investments and pensions may soon begin to feel the pinch. It’s often said that inflation is the enemy of the investor – and they also say, ‘Know your … Continue reading “Rising inflation – what does it mean for your money?”

Are you ready for the savings crunch?

Years ago we had the credit crunch – will the savings crunch be next? A double-whammy of low interest rates coupled with inflation could cause your ‘safe’ cash savings to erode.  Maybe it’s time to look at some alternative strategies. You know the traditional hierarchy of investments? (Actually, no. I have a life. Ed.)  Well, … Continue reading “Are you ready for the savings crunch?”