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4 ways to make the most of any extra savings before the tax year ends

4 ways to make the most of any extra savings before the tax year ends
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Vicky shawLaura laidlawFinancial conduct authorityStandard lifeLifetime isaLifetime isasவிக்கி ஷாலாரா லேட்லநிதி நடத்தை அதிகாரம்தரநிலை வாழ்க்கைவாழ்நாள் ஐசாவாழ்நாள் என

Pension contributions before the tax year end could pay dividends to your future

| UPDATED: 07:30, Sun, Feb 7, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The first week of February has been and gone, and that means it s now less than two months until the tax year end on April 5, 2021. Not only that, but the Spring Budget is just around the corner; Chancellor of the Exchequer Rishi Sunak will deliver the Budget statement in the House of Commons on March 3.

United kingdomLaura laidlawMartin lewisSpring budgetExchequer rishi sunakCustomer savingsStandard lifePrivacy noticeLiving standardsFood and beverageHome and gardenCtp videoAutoplay videoPension contributionsPension schemePension uk

Want to retire early? Five ways to boost your chances

Want to retire early? Five ways to boost your chances By Vicky Shaw Unless you have a very well-paid job, or are expecting a lottery win, the idea of retiring early may seem like an impossible dream. But by starting early and committing to regular saving, perhaps you can nudge the dream a bit closer to reality. Some people even go to extreme lengths to try to retire early – which may involve dramatically cutting back their spending while trying to maximise their savings. However, for many, this may be an unsustainable way to save, but you could still boost your chances of retiring early by making more moderate lifestyle changes.

Vicky shawLaura laidlawStandard lifeவிக்கி ஷாலாரா லேட்லதரநிலை வாழ்க்கை

How to split the money fairly in a divorce

Divorces rose as the pandemic put families under unforeseen new pressures last year, and now the usual post-Christmas wave of break-ups has begun. A new law making it quicker and easier to divorce was passed in the summer and will take effect later this year, but it s still important to sort out marital finances properly rather than rush through it. Money experts offer tips on doing this fairly and explain the risks to avoid below. Break-ups: A new law making it quicker and easier to divorce will come into effect later this year, but there is no date scheduled yet

United kingdomFiona woodCharles stanleyTim stovoldLaura laidlawJemma hammondEmma watsonKay ingramWealth tax commissionNational insurancePensions advisory serviceMcalister familyRathbone investment managementPensions advisoryMoore kingstonInheritance tax

Early retirement: Five takeaways from FIRE movement as savers give up work in their 40s

Look into other options and don’t be put off by ventures that will only add small increments to your monthly income - every little helps across a longer period of time. Get creative about ways to earn a bit more money. This could be anything from selling things you no longer need on sites like eBay, or turning a hobby into a small business you could do at the weekends and evenings. You might even consider renting out a spare room or second home if you have one. Whatever it might be, any additional income will play a part in getting you closer to early retirement.

United kingdomLaura laidlawFinancial independencePrivacy noticeCustomer savingsStandard lifeRetirement living standardsRishi sunakLiving standardsRetirement adviceஒன்றுபட்டது கிஂக்டம்லாரா லேட்லநிதி சுதந்திரம்ப்ரைவஸீ அறிவிப்புவாடிக்கையாளர் சேமிப்புதரநிலை வாழ்க்கை