Changes in tax policy have hit younger generations hardest, according to headlines this month. Accountancy firm Moore Stephens, which did the research behind the stories, says as baby boomers continue to retire, the tax burden will shift to millennials at an even more dramatic rate in coming years (not good news, I know).
Both of my parents went to university, and all of my classmates have gone to university. But I chose not to.
The vast cost – which would end up as a debt I’d be paying off for decades (see below) – definitely played a part in my decision.
You might have already secured a bargain gadget in the Black Friday sales this week. And if it’s something you really wanted (or needed), and you’re happy with the price you paid, then fine.
But as the sales go into the weekend and Cyber Monday, it pays to be wary of these flash retail events, for three very good reasons.
But for reading that will change the way you think about personal finance, here’s my top 10. Books are a great way to unwind and soak up knowledge. As part of your digital detox, why don’t you pick up one of our selection to make a positive impact on the way you view your finances?
Almost half of all adults are hiding more than £4,000 of debt from their family and friends, new research from the Money Advice Service has shown.
The study, released as part of Talk Money Week, a financial education campaign running this week, suggests the total hidden debt for UK adults could be as much as £96 billion.
Could millennials miss out on up to £108,000 in lost earnings by 2050 in the event of a no-deal Brexit?
That was the worst case scenario from campaign group Our Future Our Choice, with the “likely cost” amounting to £76,000 in lost wages.
Thousands of Facebook and other social media users are getting messages inviting them to join a new online network called Initiative Q. It’s an attempt to create a new currency… Q.
The end of austerity. When the Chancellor of the Exchequer, Philip Hammond, set out his spending plans on Monday, that was his claim… almost.
“The era of austerity is finally coming to an end,” he said, as he gave his third Budget statement to the House of Commons.
The Budget is a financial and political affair in which the Chancellor sets out both to reassure existing party supporters and to woo new fans.
Is Philip Hammond set to deliver? Here’s a list of what some of us at MoneyLens hope will (and won’t) feature in his Budget…