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Money Makeover: 'How long will it take me to retire on £30,000?'


Gussy Hydleman is about to buy her first home with her boyfriend
Credit: JAY WILLIAMS 
Like many young first-time home buyers, Gussy Hydleman, 25, has had to dabble with investing to boost her deposit in order to keep pace with ever-increasing house prices.
Thanks to her stock market nous, Ms Hydleman has had an offer accepted on a home with her boyfriend, Tom, 26. The pair are using their savings and a small amount of parental help to fund a 15pc deposit.
Her share consists of £38,000: £15,000 in a Lifetime Isa, £12,000 in a stocks and shares Isa and the remainder in cash. The couple hope to exchange contracts soon and are just waiting for the seller to secure a property to move to. ....

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Money Makeover: 'Can I become a landlord aged 56 with £280k?'


Alan Birtwistle is considering becoming a landlord for the first time
Credit: JULIAN SIMMONDS
Landlords have been ditching properties in their droves after changes to taxation, a ban on evictions and ever-increasing regulation.
Many have sold up as house prices soared amid demand for bigger homes. Despite all this, Alan Birtwistle is considering becoming a landlord for the first time.
Mr Birtwistle, 56, recently extinguished a 29-year career as a fireman, retiring in 2019. He now lives and works at a campsite near Orpington in Kent during the summer and wants to escape to the Canary Islands during the winter.
After a divorce in March last year, he has £280,000 in bank accounts, earning little or no interest, and no property. “I chose not to buy a home so I could travel,” he said. ....

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5 of My Favorite Personal Finance Books - SavingAdvice.com Blog


SavingAdvice.com Blog
People sometimes ask how I got into personal finance. The simple answer is by reading. Admittedly, I didn’t know much about money as a young adult. It wasn’t until I graduated college and found myself struggling to pay off my student loan debt that i decided to pick up my first personal finance book. Since then, I’ve been hooked! Here are 5 of my favorite personal finance books.
 
Rich Dad, Poor Dad is unique for it’s conceptual descriptions. If you’re interested in wealth building versus simply earning more money, then this is the book for you. ....

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