ISAs | 15th November 2018 | 405 reads
Which ISA should you choose?
Choosing an Individual Savings Account (ISA) used to be simple. There was either a cash...Read more
Future Planning | 26th June 2018
Have you had the chance to sit down and think about the kind of life you want to live yet? This question will either strike fear into your heart or fill you with the simmering excitement of what is to come. Either way, it is a question worth asking, because if you know what is most important to you in life, you can find out how to get it.
Too many people sit on their dreams until it’s too late to make them come true. Other people, after they have finally decided what it is they want in life, are hit with the crushing realisation that their current career is not sending them down the right path to reach these goals. It is the people in the latter category that often have the saddest stories to tell. They were once so hopeful, and they had every intention of achieving so many things, but they fell into a career that didn’t allow them to be their best. They got stuck there, in the land of the mediocre, with nothing to show for it.
So, we ask you again, will your current career give you the lifestyle you aspire to have? We want to make sure you start preparing early enough to make your dreams come true. And this often starts with money. Money can’t buy happiness, but it can buy you a fancy car. Or a van to travel the world in. Or maybe a beautiful house and a piece of land for when you start a family. Or it can even allow you to retire early and travel. All of these things cost money, and depending on what exactly you want in life, it could be a significant amount.
This in no way means that having the lifestyle you want is unachievable. If your current career doesn’t look like it’s setting you up for the lifestyle you aspire to have, it is time to start making a few changes. The first is focusing on your savings so you can pay your way to your perfect lifestyle. Opening an ISA is an excellent tax-free way to save, which often offers significantly higher returns than regular bank accounts. Investing in one of these can be the opening you need for your new lifestyle. You make money, by regularly adding some of your salary into the ISA and allowing the interest to do its job. Or you could invest in stocks and shares for potentially higher returns, although this carries slightly more risk.
Opening an ISA can be a secure way to save. There are even government incentives to help you with your goals, such as the help to buy ISA where you receive a 25% government boost to your savings. This then goes towards purchasing your first property. Or, you can use the money you save to go towards furthering your education, so you have the career your lifestyle requires. Your ISA could fund your retirement or anything else you see in your future, ultimately putting you one step closer to living your dream life.
If you are looking to invest in your future by starting an ISA, look no further. We provide you with the best ISA comparison service, all in one place, so you can see where you can save the most and build the future you want.