Thinking of putting something away for a special treat in the future? Planning ahead usually helps, and with time on your side, a long term investments strategy using a Scottish Friendly ISA could be part of a wider savings and investment plan. Listed below are some points you may or may not have been aware of regarding Investment ISAs. #1 You can have two ISAs…
Grandparents are important to grandchildren in so many ways. Not only do you have the time and patience that’s the envy of their busy parents, but you’re best at spoiling them, too – and they love you for it! Saving for your grandchildren could be something that you’re thinking of and, if you are, I suspect that you’re not alone. With recent news that young…
So you want to make a lump sum investment but don’t know where to start? I suspect you are not alone, particularly if you are new to saving and investing. With interest rates being low and set to remain so in the immediate future at least, making a lump sum investment into a savings account with a bank or building society isn’t what it used…
Are you a parent thinking of putting something away for a child? Here are 5 ways you could make the most out of Junior ISAs. 1. Start sooner rather than later It’s an old adage and one that can definitely be applied to putting some money away for your child’s future: The sooner you get started, the more time you will have for your investment to…
After several weeks of “prompting” by my wife I finally got around to doing what I intended to do as “soon as I could” and upgrade my kids’ CTF, to a Junior ISA. It was like mowing the lawn: something always seemed to get in the way; playing FIFA 15 just one more time, oh and working out when to order FIFA 16, I’ll just…
It seems that everyone is busy these days. If you are a homeowner, especially, you will be more than aware of the time and effort, not to mention money that you have to invest in your property just to maintain it. And if you have kids, try doubling that cost! It seems like you have no longer re-decorated a room, repaired some chipped plasterwork or…
Our little bundles of joy aren’t little for very long. My baby turned one last week and the past year has gone by in the blink of an eye. With time moving on so quickly, saving and investing for our babies when they are young could be a good idea. However, when you’re up to your eyes in nappies, its not always at the forefront of your mind. The budget…
There are so many reasons to start investing for children. They’re the most lovable members of our family. But how is it that something so little can cost so much! And the cost only increases as they get bigger. That’s why many parents realise it’s important to start saving and investing for their children’s future whilst they’re young. And it’s not only parents who are…
Scottish Friendly offer a range of saving and investment plans that you could use to give your grandchildren a helping hand when they start out in life. There have never been more ways of investing for your grandchildren – and depending on how you want to do it, if you want to lock the money away, and what sort of access you want them to…
How many ISAs can I have is a question often asked by savers and investors. The answer is, in any one tax year you can pay into 2 ISAs. You can pay into one Investment ISA (also known as a Stocks & Shares ISA) and one Cash ISA (not offered by Scottish Friendly) per tax year. This is provided you do not exceed the total…
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