Personal Finance

4 Day Work Week UK: Can It Realistically Work in 2024?

August 7, 2024
Where Did The 5-Day Workweek Come From? In the UK, the 40-hour/5 day work week originated in labor movements during the Industrial Revolution. Back during the 1800s, workers regularly worked 12-16 hour shifts 6 days a week. The first-ever mention of an 8-hour workday came from Tom Mann, a member of the Social Democratic Foundation, who formed an organization called the “Eight Hour…
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InvestingStrategies

How Much of Your Income Should You Spend On A Car In The UK?

August 7, 2024
TL:DR: You should try to never spend more than 20%of your annual income on car costs. We recommend keeping it lower at 10%-15%. Your choice of car has a huge effect on both personal freedom and your finances. For many people, a car is the second most expensive item in their budget, second to housing expenses. But, buying a car is essentially a necessity in some parts of the…
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InvestingProperty

Why Millennials Aren’t Buying Homes Anymore

August 7, 2024
If one thing is obvious about today’s economy, young people are not buying houses as much as previous generations. According to Business Insider, only a third (31%) of UK millennials own any property at all, behind the global average of 40%. Further, only 74% of UK…
InvestingStrategies

Contrarian Investing Strategies: What Do They Look Like?

August 7, 2024
Contrarian investing is an important strategy to consider if you are looking to broaden your horizons on strategies to grow your wealth. In a nutshell, contrarian investing is an investment strategy that is marked by buying and selling contrary to prevailing market sentiment at the time. Contrarian investing intentionally goes against the crowd when it comes to buying and selling…
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InvestingRobo Advisers

Comparing Index Funds Vs Mutual Funds

August 7, 2024
Breaking Down Index & Mutual Funds With an overwhelming amount of information floating around the Internet and thousands of brokerage firms offering to invest your money, it can be difficult to understand all the different types of funds. We’re here to help you…
InvestingStrategies

5 Steps to Understanding the Stock Market

July 24, 2024
In today’s high tech connected world, it’s now easier than ever to invest. The digital revolution of the past 20 years allows the intrepid individual to take risks in the stock market with the potential for a big payout. The point of this guide is to give some basic knowledge and tips to newbie investors without all the technical Wall Street jargon that makes the stock market seem…
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