IS your pension running at 77 per cent for 514 per cent?In a world of never-ending austerity, making each pound stretch the best it can is everything. It truly baffles me how far we have come with efficiencies of computers, cars, trains and manufacturing, yet prices just seem to keep rising. It's almost by design.So, as we save into pensions, or our ISAs, are there any quick-fire tips to make our money work the most efficiently?Bear with me on this, a subject as exciting as a cardboard licking competition, because the importance of starting your pension contribution early is quite critical.The first time I saw the following calculation was over 30 years ago when a financial adviser was boring me senseless with why I should be taking out a pension. He was my manager! Back then, the first four years of your pension contributions evaporated on paying commissions and fees, but those days are thankfully long gone.I'll use an example of a 20-year-old starting a simple pension of £50 per … [Read more...] about Is your pension running at 77 per cent for 514 per cent?
IN the madness that is today's society and political system, you would be forgiven for going on an eternal holiday.As the holiday season has landed on us, those moving between sterling and most other foreign currencies, have seen their buying power plummet. If Boris Johnson is to be believed, his ‘desire' for a hard Brexit will, and has, completely trashed sterling, with Mark Carney echoing that point further, explaining the economy will suffer and in turn sterling will plummet further again. Taking £1,000 to Europe the year before the Brexit vote destabilised sterling, meant a healthy €1,450 to pop in front of that seaside view with a refreshing glass of your choice. Today your partying would be significantly limited to a mere €1114. Interestingly, I was speaking to a baker in Cork at a bar two weeks ago who asked two of my colleagues why they were there. Puzzled, I stepped in, only to learn that she had not seen one English person in her bakery so far that … [Read more...] about Holiday currency rip off prices
It takes hard work and dedication to graduate at the top of your high school class — whether you end up in the top 10 among 90 classmates or the top 35 among 350. Today we salute the hundreds of students who accomplished that rank in St. Paul and other east metro schools. This annual project invites schools to send us a list of their “Top Graduates,” however they define them. Some schools designate the traditional valedictorian and salutatorian, others define a Top 10, and some recognize a long list of students who have achieved honors status. Our 2019 compilation shows students headed to colleges from coast to coast — from Bowdoin College in Brunswick, Maine, to the University of California Berkeley. As college majors, STEM (science, technology, engineering, math) is strong. Some 80 students featured will major in a bioscience field; another 80 in an engineering discipline; three dozen in computer science. Other graduates are joining the U.S. military or … [Read more...] about Top graduates 2019: When their hard work meets the future