Is peer to peer lending worth it – Innovative Finance ISA Individual Savings Accounts (IFISA)?
Individual Savings Accounts (ISAs)
These function like savings or investment accounts, but with additional benefits. Any increase in your money, from interest on savings or gains on investments, are tax free forever. You do not need to declare the growth on your tax return.
Do you want a 25% government bonus saving for your first home or retirement: Lifetime ISAs
Individual Savings Accounts (ISAs)
These function like savings or investment accounts, but with additional benefits. Any increase in your money, from interest on savings or gains on investments, are tax free forever. You do not need to declare the growth on your tax return.
Put your money to work – the power of compound interest
Compound interest is the magic behind why investing your money is so worthwhile. This is how you make your money work for you, even while you sleep – also known as a passive income.
Stocks – the long and short of it
Stocks, also know as shares or equity, are a portion of ownership of a company. Its like owning a very small piece of the pie with the company as the pie!