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Are Premium Bonds worth it?

From this month, you can invest in Premium Bonds for just £25. And in another rule relaxation, you can now buy Premium Bonds for any under 16 year old – not just a child or grandchild – and you can also set up a regular monthly savings plan. But should you bother with Premium Bonds? Here are our tho...
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How much do I need to save for retirement?

Exactly how much to save into a pension is a common question that no-one seems to be able to answer. It all seems so far away, although as I veer closer to my 50th birthday it becomes a little more pressing than it was in my youth. I suppose the first number I need to think of is how much do I need ...
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Your money and Brexit 2019: what should we all be doing?

All this Brexit nonsense is very unsettling: there’s my understatement of the year. Like most people, I’m worried about my money, particularly as NOBODY knows what is going to happen ultimately. Selling everything, banking the cash and hiding in a hole until it’s all over is tempting but a bit extre...
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What’s your savings grace?

I was in the building society the other day, paying in a tiny amount of money in a futile attempt to replace some of the £1,800 I withdrew to pay for the new boiler. Next to me were a couple, probably in their sixties or seventies. They were signing up their savings into a three year fixed rate bond...
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Would YOU share your finances with your partner?

Possibly the most controversial wedding vow (after obey, which surely no bride says any longer) is the bit where you promise to stick together ‘for richer or poorer’. There’s little more likely to widen the faults in a marriage than flaky finance, after all. Being married, or being in a committed re...
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How to find YOUR missing millions

The only thing of real value I’ve ever lost is my wedding ring. I vaguely remember taking it off – I think I was going to do something messy or involving noxious liquids – but I can’t find it. I’m sure one day it will turn up underneath the fridge or somewhere. And if it doesn’t, then it’s sad – but...
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These six simple steps are all you need to sort your finances

If you believed everything you read in the papers, we are all going to financial hell in a debt-fuelled handbag. We spend too much, save too little and will end up starving as pensioners rather than relaxing in retirement. Much as I love a sensational headline, I’m beginning to think that scare stor...
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Is Marcus savings account a damp squi(d)b?

Savers have had it hard for the past ten years. With inflation higher than the rates on most savings accounts you are losing money. So why bother? The answer is that most of us only feel comfortable with cash sitting in a savings account. I have (dwindling) cash savings and thank goodness for that, ...
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Help! Elderly parents not online locked out of best #savings deals

Has anyone noticed that all the best savings deals are online only? I cast my eye over the top 20 offers on Moneyfacts the other day and found only three of them (all from the same bank, Axis) had any access other than electronic. Axis does offer branch access too, well done to them, but they only h...
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Don’t wait for the deadline: five reasons to start #investing in a Junior Isa now

Now the kids are back to school, I’m reminded of uni days when no-one bothered to get on with any work until it was critical. In fact, I don’t remember either myself or any of my friends starting a task on the day it was set. I do however remember staying up until 4 am the night before the tutorial,...
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