Curve is a new generation of debit card. A “Smart Card”. Curve is not a bank nor a prepaid card. The best way to think about Curve is a card that is powered by your existing debit and credit cards. That is to say, when you pay for something with Curve, the transaction takes place between Curve and the company you’re purchasing from. Before the transaction is fully processed, Curve requests for authorisation from the underlying card that you’ve selected to power your Curve card. For those interested, a more technical and detailed explanation of this process can be found here.
Let me start by saying that stocks and bonds are not mutually exclusive. Indeed, a smart investor keeps a balanced and diverse portfolio that reflects their age, attitude to risk and personal set of circumstances. That said, as we go into 2020, if your portfolio is sitting heavy in equity investments you may wish to look at redistributing some of that towards bonds. Now, let me explain why…
The Help to Buy Equity Loan scheme has been available since 2013 and yet many people are still unfamiliar with it. In short, it is a loan from the government of up to 20% of the property’s value (up to £600,000) to help people get on, or move up the ladder.
A Self Invested Personal Pension, aka a SIPP, is a type of pension that gives you control over how you would like to invest your pension savings. Whether that be stocks, funds, bonds or ETFs, the range of choice will be dependant on the SIPP provider you choose. Popular SIPP providers include AJ Bell, Hargreaves Lansdown and the new, app-based PensionBee.
One of the perks of my job includes Vitality health insurance. Through Vitality, if I do a certain number of steps each week (recorded via my Apple watch), I can get a free coffee at Starbucks. It’s a nice little treat on weeks when I’ve walked enough to earn it. The problem is, even on weeks when I’ve not earnt my free coffee, I still find myself wanting one, particularly because there’s a Starbucks near my home that I walk past regularly. At £2.50 per flat white, there are of course more expensive habits out there but buying just one per week would still cost £130 a year. So what other options are there?
I’m not sure I know anyone, other than maybe my grandparents, who don’t have a subscription to either Netflix or Spotify. Most of my friends and family have both, paying £22 per month (£264 a year) for the Premium versions of each- not an insignificant expenditure!
Now I am one of those parasitic beings who are still on the Family subscription for both of these services (thank you Dad) so I’ve not tried this myself. However, if unlike me you are currently paying for one or both of these subscriptions out of your own pocket then read on to learn how to save up to £139 a year.
There’s a guy I work with who, I don’t think he’d mind me saying, is obsessed with credit cards- he has around 8 of them! Why is he so into credit cards? Well, he tells me it’s “all about the points”. Originally from Hong Kong, he regularly flies back to visit family and so it’s no surprise that one of his most frequently used cards is his Virgin Atlantic Reward Card which allows him to accrue air miles, saving him hundreds of pounds each year! Continue reading “Three ways these fintechs might make you richer”
To date, buying a house is still the best financial decision I’ve ever made. Having put down a deposit of £10,000 for my half, 2.5 years later, when my cousin and I sold the house, I walked away with £39k.
It’s been a while since I wrote a post so thought I’d share an update on my investments.