InvestingStrategies

10 Ways To Make Passive Income In Your 20s and 30s (UK)

August 8, 2024
Nothing worse than the daily grind, right? Even those who love what they do for a living can be bogged down by having to clock in day after day. For those dreaming of a better way to make money (or simply want a little more of it on the side), there is passive income. In your 20’s, you may have found yourself with the freedom and time to explore different methods of making money. If…
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Investing

Types of Financial Products & Definitions (Explained Simply)

August 8, 2024
Financial products are, in a nutshell, contracts that are bought and sold on a marketplace. This is a very general definition as financial products, also called financial vehicles, are diverse and come in several different forms. The central concept behind a financial…
InvestingStrategies

Personal Finance Basics They Don’t Teach In School (But You Should Know)

August 7, 2024
Most of us were never explicitly taught how to handle money. While financial education courses are included in secondary school curricula in England, these mandates only apply to locally governed schools, of which only make up about 60% of England’s schooling system. Further, the majority of theses courses present financial literacy through arithmetic and don’t focus explicitly on…
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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 millennials reported they planned to buy a house in 5 years, the lowest of all countries analysed. These results lead one to…
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InvestingProperty

4 Things to Look Out for When Buying A House Or Property

August 7, 2024
We understand that the property market for young people is abysmal According to Statista, the average price of a house in the UK as of July 2023 was £232,000, up almost 100% from the average price of £157,000 in 2009. Considering that the median annual disposable income for the average household in the UK is just over £1,000, that means it would take the average Brit nearly 20 years to save…
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