The cost-of-living increase might sound like an abstract economic concept, but its consequences for your savings are significant. Simply put, inflation reduces the purchasing power of your savings over time, meaning that your savings won’t stretch as far in the future. While rising prices are an inherent aspect of markets, ignoring it could harm
Values-based investing is reshaping the financial world, allowing people to build financial security while making a positive impact. From sustainable power portfolios to businesses promoting inclusivity, ethical investments combine profits with principles. Investors no longer have to compromise between earnings and ethics – the emergence of ESG s
Compound interest is often called a key to wealth creation, and for good reason. It’s the secret weapon behind building wealth, allowing your money to grow exponentially over time. Unlike non-compounding interest, which is calculated on the original sum, compound interest works on both the principal and the accumulated interest, creating a multip
The growth of financial technology has dramatically changed how we handle our finances, making personal finance more easy to use, open, and efficient. Gone are the days of waiting in long queues for banking, as digital tools such as Monzo, Revolut, and Starling enable instant visibility into your finances, make instant transfers, and even create fi
It is so important to stay on top of your finances so that you have complete control.There is no rejecting that many individuals enter into adult life without an excellent understanding of how to handle their cash. It is so essential to do as much research as possible when you start making your own money in order to make sure that you are using you