Blog — Charles James Financial Planning

savings

What Is An Annuity?

What Is An Annuity?

An annuity is a financial product that allows you to convert your pension savings into a guaranteed, fixed income for the rest of your life - often referred to as a secure income.

Choosing an annuity is a significant decision, as it is usually irreversible. That’s why it’s essential to fully understand how annuities work, the different types available, and the features they offer before making a commitment…

Savings Accounts: Your Guide to Making the Right Choice

Savings Accounts: Your Guide to Making the Right Choice

Choosing the right savings account can be a challenge. We’ve seen savings accounts going up to 5.25% interest on easy access and 6% on fixed rates.

Here, we provide a short, concise guide on how to select the ideal savings account and weigh the pros and cons of savings.

How To Save Money on Holiday

How To Save Money on Holiday

When you're away, whether you are ordering a meal or booking that excursion, you can be asked if you want to pay in pounds sterling or the local currency.

It can be tempting to accept the sum that is being offered to you in pounds (GBP), since it is the one that you are most familiar with. But you'll typically pay extra for it.

Here are a few ways to save money while you're away…

3 Ways to Trim Your Bills Quickly

3 Ways to Trim Your Bills Quickly

Millions of households are feeling the brunt of the cost-of-living crisis. From our energy, broadband, and water bills to food and fuel, price rises are being felt across the board.

One method to combat this is to devote some time to ensure that you are getting the best value for your money on all of your home expenditures.

That's why we have 2 quick ways to cut your bills…

Tips For Selecting A Savings Account

Perhaps you have a New Year’s Resolution to open a new savings account this year. With so many products on the market, it can be quite confusing when looking for the right savings account. The Money Advice Service have some tips on how to narrow your search for the right savings product...

No-Deal Brexit: Pensions, Savings and Mortgages

Just seven months remain until the UK leaves the European Union, and with an ever increasing chance of a “No-Deal Brexit”, we take a look at what that means for you.

35 Year Olds Should Have Double Their Salary in Savings

According to a leading investments firm, workers should have double their annual salaries in savings by the time they reach their mid-30s.

Budget 2017: Housing, Tax, Savings & Pensions

The 2017 Budget was delivered on 22nd November by Chancellor Philip Hammond, and contained big changes, particularly for first time buyers.