Elizabeth Anderson
Finance Journalist and Editor at Freelance
Finance Journalist at Times Money Mentor
Finance Writer at LeapRate
Freelance finance journalist (Times Money Mentor, Telegraph, Times, Daily Mail, Metro and i). Previously at BBC, MT & Bloomberg [email protected]
Articles
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3 weeks ago |
dailymail.co.uk | Elizabeth Anderson
If you dream of helping your child on to the property ladder but don't have buckets of cash to give or lend them for a deposit then you might consider becoming a 'booster' on their mortgage application. Growing numbers of lenders are launching products that allow you to help someone buy a property by adding your income to theirs for the purposes of affordability calculations.
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3 weeks ago |
msn.com | Sarah Davidson |Elizabeth Anderson
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3 weeks ago |
metro.co.uk | Sarah Davidson |Elizabeth Anderson
Last year, consumer group Which? revealed that 51% of people yet to retire weren't sure how much money they'd need for a 'comfortable' retirement. Thankfully, the Pension and Lifetime Savings Association (PLSA) has developed a 'Retirement Living Standards' guide to help you make sense of your financial future. According to PLSA, £59,000 per annum is needed for a married couple to comfortably retire in 2025.
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3 weeks ago |
metro.co.uk | Elizabeth Anderson
Welcome to Me and My Money, Metro's new series taking a peek into the nation's wallets, with tell-all reader diaries on managing your finances. This week, we meet Charles Thompson, a 31-year-old IT service desk manager living in Greater Manchester. Charles says he was never really taught how to handle his finances and for many years, he relied on his overdraft and credit cards to get by. But two years ago he decided to turn things around, get out of debt and save for his first home.
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2 months ago |
thetimes.com | Elizabeth Anderson
You have to be aged between 18 and 39 to open an account and unless you use the money to buy a first home, you will need to wait until you are 60 to withdraw your savings or you will pay a 25 per cent penalty. The main draw of this Isa is the 25 per cent boost and the fact that when you take money out after 60, you won't have to worry about paying tax on the income - unlike with a pension. those who want to save more, a stocks and shares Isa is worth considering.
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How the Autumn Statement 2023 impacts your pensions and savings. It was great to cover the key points for @pensionbee in what was another Budget with some interesting pension announcements https://t.co/isPlMRNd6U
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