When applying for any form of credit such as a loan, overdraft, mortgage or credit card, lenders will often refer to your UK credit score - provided by credit rating agencies - to assess how much of a risk you pose to the creditor. What is a UK credit score? There is not one … Continue reading Improving your credit score
With mortgage interest rates so low, some argue that there’s no point in paying off your mortgage early. Others argue that paying off debt is always a good idea and having less debt will always be a good thing. Here I examine both options, and aim to provide some clarity on the subject so that … Continue reading Should you pay off your mortgage, or invest?
So, we agree on one thing, that you need an emergency fund. However, you’re either unsure of just how much money is needed to constitute an emergency fund, or you’re stuck as to what to do first. Hopefully this article will help to answer the most important questions regarding the emergency fund, and more importantly … Continue reading The emergency fund
I’ll start this post with the end thought in mind. If there’s anything that you take away from this post, then please let it be this: Your saving rate is the single most important aspect of achieving early retirement. In other words, the amount of money which you put into your retirement plan is far … Continue reading Saving rate