by Mark Underdown | Money Musings
What is more important – Watching TV or your family’s wellbeing? Almost half of all British households pay for a premium TV package. By the end of 2014, the three largest pay TV companies were: Sky TV, with 11,245,000 homes. Virgin Media, with 3,780,000 homes....
by Mark Underdown | Money Musings
Do depressions no longer exist? Rather than dealing with the issues created by decades of ever increasing debt, we appear to prefer a policy of denial and repetition of the same mistakes. Our politicians and central bankers appear to be playing a modern game of...
by Mark Underdown | Money Musings
7 steps to financial freedom Here are the 7 steps to financial freedom: 1. Avoid debt like the plague. If you are in debt you owe your time and labour to someone else. You are a serf. To have financial freedom you need to be free from debt. 2. Spend less than your...
by Mark Underdown | Money Musings
Inheritance Tax Allowance The inheritance tax allowance is important when planning to mitigate your inheritance tax liability. In simple terms, it’s what the government allows you to pass on tax free, with everything in your estate above this figure subject to...
by Mark Underdown | Money Musings
IHT nil rate band Inheritance tax is payable in the UK when the value of your estate (property, money and possessions) are above a certain limit. Anything below this limit is known officially as the IHT nil rate band. It is known as the nil rate band because...
by Mark Underdown | Money Musings
Common types of investment risk Successful investing rests upon understanding, accepting and managing the various types of investment risk you face. The decisions we make today have to interact with the future before we know whether the correct decisions have been...
