Savings
It's good to save? We all know that but here are a few statistics:
*Britain's personal debt is increasing by £1 million every 4 minutes.
*Three quarters (74%) of British couples find money the hardest subject to talk about with their partners according to the Financial Services Authority (FSA). They also found that over a quarter (27%) of couples regularly argue when they try to discuss their finances; about a third (32%) of couples lie to their partners about how much they spend on their credit cards; over a third (35%) of British couples are kept awake at night worrying about their money situation
*Quarter of Brits (25%) have no idea how much they spend in a week, and a similar number (26%) have no idea of their monthly cash flow. This lack of knowledge extends into other financial aspects of life. Only half of the population (51%) know the balance on their credit cards and nearly half (46%) have no idea what interest rates they receive on their savings or are paying on their accounts and debts.
Around 15 per cent of 18 to 24- year-olds think an individual savings account (ISA) is an iPod accessory, and one in 10 reckon it's an energy drink. With rising personal debt levels in Britain, and a lack of long-term savings, better money management seems a pressing issue.
*statistics compiled by Credit Action www.creditaction.org.uk/debtstats.htm
The statistics speak for themselves and the problem will not go away by burying your head in the sand. You have to make resolving your debts and saving money a mission. Gain control of your finances, develop the right habits and you will be surprised how much you can achieve.
A journey of a 1000 miles begins with the first step!
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Investments
We can provide you with a clear structured investment strategy which begins with identifying your growth and/or income requirements and measuring your attitude to risk.
The world is changing all the time and we believe that your investment strategy should be relevant, flexible and transparent with access to world class fund managers.
The value of investments can fall as well as rise. You may not get back the full value of your investment. Past performance cannot be used as a guide to the future.