InvestingPersonal FinanceStrategies

7 Types Of Investments (And Their Risks)

Investors have a lot of options for where to put their money. It is important to weigh these options carefully and fully understand the financial risk. Not all types of investment vehicles have the same reward and not all have the same levels of risk in investments. In general, there are 4 different types of investments, stocks, bonds, funds, and cash equivalents. Within these categories…
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Personal Finance

How Much Savings Can You Have To Qualify For ESA?

In a rush? Here’s the TL;DR… ESA income-based payout amounts are not affected if you or your partner have less than £6,000 in savings. If you have more than £16,000 in savings, you are not entitled to ESA benefits. If you have between £6,000-£16,000 in savings you receive a monthly income that is reduced by £4.35 for each £250 saved up. Savings do not affect “new style”…
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Personal Finance

4 Day Work Week UK: Can It Realistically Work?

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…
Personal Finance

The Fastest Growing Sectors/Industries in the UK (2021)

In the business world, things are always changing. Industries can pop up in a short amount of time and entire industries can be rendered more or less obsolete in equally short periods of time. That is why when looking for a job, it is important to choose industries that are on the up and up and not industries that are experiencing a decline. Unfortunately, this may mean you might not be…
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Personal Finance

Is Automation Good or Bad for the UK’s Economy?

One concept that has been at the forefront of political thought nowadays is automation. Several more left-leaning UK politicians, such as Labor leader Jeremy Corbyn, have claimed that automation is a threat to workers as it may drive huge swathes of workers to unemployment…
Personal Finance

Could a Universal Basic Income (UBI) Work In The UK?

The idea of a basic income in the UK is not exactly new. UK MPs have been discussing the possibility of a Universal Basic Income (UBI) for much of the 20th and 21st centuries. What Is Universal Basic Income (UBI)? The idea behind a UBI is to provide every citizen with a minimum level of income to cover the basic expenses of living, such as food, housing, and transportation. The rationale…
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