Technology holds the key, with its proven track record of demystifying and simplifying complex industries to the great benefit of consumers. So far technology hasn't really touched on the issue of financial literacy and tech companies need to step up to fill the void left by the traditional advice industry.
One word of warning, if you are considering applying for a payback, my advice would be to do it so sooner rather than later. The Government plans to review the scheme quarterly and will reduce the incentive as necessary based on the number of people wanting to join. This is one example where it really will pay to be in there from the beginning.
If you are poor, living at the margins of society and excluded from financial institutions, can you really save? Do you have any 'spare' money? And if you do, can you save enough to make a difference? We often assume the answer is 'No', but I speak from personal experience when I say that the answer to these questions is emphatically 'Yes'.
At least National Rail keeps you feeling like a 'Young Person' until you're 25. If entitled to a five year free railcard with your student bank account, don't forget to apply for it. That would make you feel very silly and possibly drive you to write an article yearning the mistake. No sympathy expected.
Given the current state of economic affairs in Great Britain, not to mention Europe, and indeed the rest of the world, it's no surprise that just about every business is cutting back on expenditure wherever possible. If you're thinking about where to make savings in your own business, here are some important areas to consider.
The future is a scary concept. Whether you're a school leaver, the family breadwinner in the prime of your career, or about to enter retirement, it's natural to have concerns about the years to come. Money is the primary area of worry for most people, but there are simple and painless ways to prepare without winning the lottery.