Generation game: Why families need to save together
3 November 2014|5 min
The wealth gap between generations is growing at an alarming rate. Young British adults, ‘Generation Y’ – in the face of low salaries, student debt and extortionate house prices – are becoming ever more reliant on the bank of mum and dad. It’s a trend that I believe will only continue, with more and more families pulling together, living as one, and combining their earnings and investments to map out their financial security as one.
Couples staying together because they can’t afford to break-up
18 February 2014|4 min
We recently carried out a piece of consumer research with Opinium to find out about couples’ investment habits¹. The results revealed, rather unpleasantly, that many people today feel forced to remain in a relationship purely because they can’t afford to leave their partner.
ISA transfers: All you need to know about switching ISAs
13 February 2014|6 min
One of the common misconceptions of ISAs is that you can’t switch your ISAs from previous years to another provider. Actually, you can. It’s relatively easy to transfer ISAs and, in doing so, you may well be able to increase the returns on your money.
5 tips on how to beat inflation
16 January 2014|5 min
As the rate of inflation falls within the Government’s 2% target for the first time in four years, the key questions remain: How does this actually impact consumers’ spending power, and what does it mean for those looking to make the most of their savings and investments?
Who do you trust to manage your investments?
11 November 2013|4 min
A recent Nutmeg survey, carried out by Opinium, revealed that less than one in five people (18%) would turn to professional services such as a bank or independent financial adviser for guidance on their investments. The rest of the 2,000 online respondents said they’d primarily look to friends and family for help (43%) or wouldn’t even consider involving anyone else with their money management (31%).
Salary gap causing tension for younger couples
30 October 2013|3 min
A recent Nutmeg survey revealed that the difference between a couple’s salaries is causing relationship issues for those in their 20s and 30s. But, while they’re firmly focused on short-term household income, are they losing sight of their longer-term investment plans?
Guessonomics: Do the media pundits really know what’s going on?
17 July 2013|3 min
There’s such a glut of economic commentaries and forecasts out there that digesting them can be time-consuming and bewildering at times, even for the most savvy among us. So how can we focus in on the useful stuff and filter out the scaremongering and political posturing?
What your job will look like in 10 years time
9 July 2013|5 min
In the last decade we’ve seen industry and jobs change in a big way, becoming more tech-focused, agile, mobile and temporary. And even greater change is on the cards for the future. So what will your working life and income look like 10 years from now? And how do you evaluate your investment plans to keep everything on track?
Should I move out of London and commute?
5 March 2013|3 min
It’s 6.20 on a Monday morning. The only noise drowning out the sound of the planes overhead is the occasional wail of a police siren. You get up and walk to the nearest Tube and find the drivers on strike. So you go to the bus stop. The first three buses are full. The fourth…
How much will it cost to send my children to private school?
10 December 2012|5 min
Even if your school days are now a distant memory, you might recall your parents complaining (sorry, “gently mentioning in passing” after you got a D in GCSE geography) that it cost an arm and a leg to pay the private school fees. The bad news if you’re considering private education for your own children is that it now costs two arms and two legs. And a kidney. According to a study by Lloyds TSB in August 2012, average fees have risen by 68 per cent over the last decade, from £6,280 in 2002 to £11,457. That’s 1.8 times faster than retail price inflation over the same period.
What are the best loyalty schemes (apart from Nutmeg’s)
2 November 2012|3 min
In for a pound, in for a penny – that pretty much sums up the numbers game with loyalty schemes. At Waitrose, Sainsbury’s and The Co-operative – as well as Amazon and Waterstones – you get a penny back for every pound you spend, while Tesco offers a mighty 2p and Boots a racy 4p.