Multi-Millionaire Road: Saving, Investing, becoming Rich

[...] 2: Automate your Savings Make savings a priority by setting up a standing order from your current account to a savings account. The standing order should be on the first day of every month so that [...]

[...] savings from this contribution. The income set aside for savings is taken directly from my current account into an esavings account with virtually no interest. From there, I can transfer the money [...]

[...] adjusts accordingly. Set up your savings so that the day or two after your salary hits your current account, your savings automatically come out. I would advocate either checking with your current [...]

[...] each month that is matched by my employer in full. This money is taken directly from my current account into a monthly saver earning a meagre 3.5%. At the end of my financial year (July for me) I [...]

[...] put up to £11,520 of investments (non-cash savings) such as stocks and shares into and investment ISA and shield it from tax. Or else, you could put a combination of tax and cash into ISAs [...]

[...] in a structured product that may give me 10.5% growth. I am now starting to utilize my investment ISA with an ISA stocks and shares trading account. Job - My base salary is £27,150. In September [...]

[...] need to top up my tax free ISAs before next April. I am now starting to utilize my investment ISA with an ISA stocks and shares trading account. Job - My base salary is £27, [...]

[...] topped up my tax free ISAs. It is now maxed out. I am now starting to utilize my investment ISA with an ISA stocks and shares trading account. Job - My base salary is £27, [...]

[...] with a view to making a capital gain there is no point in wasting any of your £11280 stocks and shares ISA allowance on these sorts of investments. It is unlikely that unless you are investing large [...]

[...] with virtually no interest. From there, I can transfer the money either into a stocks and shares ISA or into a cash ISA depending on how much of my allowance I've used. I aim to split all savings [...]

[...] with virtually no interest. From there, I can transfer the money either into a stocks and shares ISA or into a cash ISA depending on how much of my allowance I've used. I aim to split all savings [...]

[...] up with someone else is beneficial in terms of raising a deposit and paying the monthly mortgage payments.  Here's one idea on your first property. Instead of opting for the biggest house you [...]

[...] . Are you looking for a way to consolidate your debts and start fresh? Do smaller mortgage payments appeal to you? Are the low interest rates making you want to re-mortgage your home? If [...]

[...] current property is nearly/ already paid off, any rental income should help to pay for mortgage payments on the new house. Hopefully this has given you some ideas as to how to adjust your [...]

[...] increase in your cash flow from owning a house. Only, there is an increase in outgoings as mortgage payments bite. Nonetheless, many people aspire to be home owners. I would suggest that a person save [...]