Lifetime ISA or Help to buy ISA?

If you are thinking about saving to buy your first home, it is important that you save efficiently and smartly in order to get the best benefits and interest overall. The two most popular saving accounts for those looking for a first time property is either the Help to buy ISA or the Lifetime ISA The Help to buy ISA has no penalty for withdrawal, but you simply do not get the bonus. You are also able to use it after 3 months of opening it, should you be at your maximum savings. The government will contribute a maximum of £600 per year depending on your savings with an absolute bonus of £3000. The Lifetime ISA the government can give you £1000 per year but cannot be used within a...

How to attract business investors

Deciding to find an investment in a business, you must remember that no one, even the noblest investor, will give you money simply because he liked the idea. What is primarily interested in all those involved in financial investments is their own profit. Therefore, the most important thing in attracting finance is to convince the investor that the investment will bring him a profit. Many people think that if their idea is unbelievable original, it will provide them with 100% success. This is a typical misconception. In fact, most companies, foundations and private entrepreneurs are doubtful of such projects. They are not interested in your idea. They need a steady income. And stability is provided by proven, familiar areas. It doesn’t matter how big your business idea is. It is...

The Best Investment Banks to Work For

If you start your career at a big investment bank, you’re most likely guaranteed excellent training and exposure to high profile deals, although this will also come hand-in-hand with the expectation that you perform to the levels needed. Below are three investment banks to target for your career. Once they’re on your CV, you are set! Goldman Sachs – While still a leading name in finance, the bank’s formidable reputation has come under scrutiny in recent years, as several key income streams have stagnated. Industry monitor Coalition ranked Goldman joint-third in terms of investment banking revenue for the first half of 2017. J.P. Morgan – J.P. Morgan has thrived in the years since the financial crisis. The bank reported record group profits in 2016, while net income from the investment banking division...

Money saving made simple

There can be many reasons behind needing to save up money, should that be a big travelling adventure, a deposit for a new home, a family holiday or simply just to build up savings. It can be easy to say you want to start saving, it’s putting that into action which can make it more difficult. There are a few tips that may help you start off the savings process: – Plan your incoming and outgoings- Writing down exactly what you earn and spend each month will help give you an idea of where you are spending money, and areas in which you can save money. Providing yourself with a visual list can help you make wise choices in where to cut back each month. – Get a money management...

Let’s start budgeting for summer holidays

The summer holidays can seriously dent your wallet, especially if you have not prepared properly. Even trips to certain parts of the UK can cost a great deal for families, so wherever you’re heading on your summer vacation this year it’s important to get your finances in check now, so it doesn’t hit you as hard in a few month’s time. So what’s the best way to budget for a summer holiday? Research You should check out the going rates now so you have a better idea of what to expect when it comes to booking your trip. Or better yet, book it now and get the cheapest rates. The prices often pick up the later you leave it. Schedule You should make a plan of action or a schedule...