Read this and be RICHER

We’re on a mission to empower you to take control of your financial future. From budgeting and saving to mortgages and credit cards, we’ve got it covered. To get you started, Personal Finance Editor Kalpana Fitzpatrick answers the questions she gets asked most frequently…

Q HOW MUCH MONEY DO YOU REALLY NEED TO INVEST IN STOCKS AND SHARES? A People often think that you need thousands of pounds to start investing but, actually, you can start from as little as £1 a month or with just a small lump sum of around £100 by putting money into a stocks and shares ISA (the minimum amount that share providers allow you to invest can vary). You can put away as much as £20,000 into an ISA this tax year (which runs from 6th April 2018 to 5th April 2019) and the money you earn is tax-free. The advantage of a stocks and shares ISA is that the return is potentially higher than it is from an ordinary savings account. With a medium-risk investment, you could expect a…

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Red UK (Digital) - 1 Issue, July 2018

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