Teen Money

Karen Richardson • January 2, 2019

It is the duty of every parent to instil good financial decision making into their children, even more so during teenage years.

Just over half of 15-17 year olds who receive money on an ad-hoc basis keep track of their income and spending. Whereas almost two in three of those who receive a regular, fixed sum are aware of their financial incomings and outgoings.

It is so important to give teenagers financial responsibility with pocket money to manage, and as a parent to set the right example with our own spending and budgeting; and finally help them manage money as they start to earn in their first jobs.

Hereis a great article to help parents, to help their teens.

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May 2020 update on Corona Virus and your money

By Karen Richardson • May 2, 2020

Can you believe it is already May and we have now been under restrictive movement guidelines for 5 weeks? I do hope everyone is keeping safe and is well, weathering this strange time. More news will be coming from the government in a week or so as to whether this current guideline continues or relaxes a little, but this week we have started to see a little bit of good news in the market that I was keen to share with you. Brewin Dolphin has summed it up brilliantly, so it just seemed sensible to share the document they have released. If you have any questions abut how this affects your investments and pension, then please just get in touch and I'll be happy to talk!