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Finance Advice that Could Benefit You in Later Life

Finance Advice that Could Benefit You in Later Life

With the UK economy still in recovery and a volatile stock market, many people are more concerned than ever about securing their financial futures. Whether you are just starting your career or looking to retire in a few years, there are steps you can take that may pay off down the road. The following is essential financial advice that could benefit you in later life. Know Where All Your Money Goes This starts by making a detailed monthly budget and sticking to it. There…

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The Magic of Compounded Interest

The Magic of Compounded Interest

I often find myself thinking back to my high school days and feeling a bit sorry for those kids who elected not to do maths as a subject. These are the people to whom it’s very hard to explain concepts such as compounded interest and the magic behind what is essentially the best instrument one can use to steadily grow money which they otherwise don’t plan to touch for a long time to come. We all know that merely putting…

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