The old adage that money doesn’t make you happy is true. Well not totally true. However money certainly does give you more choices in life and it frees you from the stress of not having enough. The old saying that the best things in life…

Regular readers of this blog will be conscious of my consistent advice to save money and create additional sources of income, especially passive income, as the bedrock of sound financial planning. I have recently made the decision to become both a member of, and a…

A long standing client of mine recently referred her parents to me. They had a significant amount of cash in various banks and building societies earning them less than 1% a year in interest. They also had an Inheritance Tax problem. My solution was an…

I recently asked my wife what was the biggest cost of investing money. She couldn’t think of anything beyond the Fund managers’ fees, the platform fees and the adviser’s fees. I carefully explained to her that the biggest cost was in fact taxation. The one…

The fund manager Vanguard first produced a study in 2001 called Adviser Alpha which sought to determine the difference between the return that an investor might achieve with the adviser’s help and what they might have achieved on their own. Vanguard has put a value…

Clearly, this is a misleading headline. When I tell you the secret to wealth creation it will no longer be a secret especially when you realise it was something you knew all along!   So what is the secret? The answer is remarkably simple and…

When I was a boy I remember my mother used to spend time cutting discount coupons out of magazines and newspapers to save money on her shopping. This went on for many years while I was growing up.   We lived in a Council house…

Do you have a number of accounts ranging from bank and Building Society current and savings accounts to investments, pensions, mortgage/s, credit card/s, loan/s etc? Do you find it time-consuming managing a number of accounts? Join the club!   I used to find it challenging…