The earlier you start the better… if you choose to invest in pension funds, your money will have longer to grow and may see better returns in the future. The most attractive reason for starting early, for me at least, is the possibility of retiring younger.
Young people in particular are drawn to making socially impactful investments – this, coupled with micro and passive investment has led to environmental, social and governance driven financial innovations.
Investing from a younger age means you can take on slightly more risk as you can ride out any troughs in the market and wait for longer term high returns. It’s important to keep in mind the long term nature of investment, particularly at a time like 2020 when the market is, quite frankly, going to shit.
Investment is a big decision, but if you choose to try it out, it often proves to be a great way to grow your savings. Micro-investing is a relatively new concept, aimed at challenging and breaking down barriers to traditional investing, perfect for trying out investment for the first time.
This week, Sarina talks us through the aftermath of a student loan, from what debt you can expect to what changes you should keep an eye on.
I’m definitely not a ‘Confessions of a Shopholic’ level credit card collector but I do think there are a few important and useful reasons to get a credit card.
This week Sarina writes a quick guide to savings accounts from the high-interest Regular Savings to AI-powered apps that tell you off and automatically save for you.
Essentially, the fuck off fund is a sum of money you keep in a bank account solely owned and managed by yourself, that is there not only for emergencies like car breakdowns but for a sense of independence.
‘Bad’ weeks might come around because of unexpected financial burdens or simply because I decide that I want a week of fun post- Prelims. So really, a ‘bad’ week for me, can sometimes be rather good.
There’s something about atmospheric science that makes me want to eat melted cheese so a friend and I grab cheese and onion toasties in the JCR café