In recent years the world´s economic problems have caused more people to stay at home with their parents until they are older.
There are some very positive aspects to staying at home but if you feel that the time has come to strike out on your own and achieve financial independence then how will you go about it?
Choosing your life insurance cover is one of the most important decisions you can make, especially if you have dependants who rely on you. At the heart of it, there are only two types of life insurance: term and whole life. We will look at each one in a little more depth below.
Here´s an interesting thought for you; do you want to leave behind a big inheritance or would you rather spend your very last dollar while retired?
The current climate is not conducive to saving and investing via the traditional routes. Interest rates in the UK are at a record low of 0.5% this January 2015, and many people are looking for better returns than they’d achieve with a savings account, which generally give a measly 3% at best.
Oil prices continue to drop as OPEC countries expand their production, oversupplying the markets and attempting to undercut the profitability of US shale oil fields. Recently, a shock announcement was made by the Iraqi Oil Minister Adel Abdul Mahdi stating that the country would expand production to a record level of 4 million barrels per day.