Tag

#financial advice

9 articles

GENERAL

Council Tax Debt Rules Eased After Martin Lewis Campaign

New rules from April 2027 will give people more time to pay council tax if they fall behind, following a campaign by Martin Lewis. The changes include waiting at least 63 days before demanding full annual payment and capping admin costs. Additionally, council tax payment plans will default to 12 monthly installments, and standardized forms will simplify claims for severe cognitive impairment discounts.

6 hours ago
Geopolitics

Social Security: Don’t Let Small Mistakes Cost You Big

Many people make costly mistakes with Social Security by not understanding their full retirement age or the impact of claiming early. Expert Lawrence Sprung advises checking ssa.gov, considering spousal benefits, and saving independently for retirement. Future changes are likely, but careful planning can maximize your benefits.

6 days ago
Geopolitics

Stop Tax Season Panic: Plan All Year Long

Tax season doesn't have to be a stressful scramble. Financial expert Lawrence Sprung advocates for year-round tax awareness and planning. By organizing documents and making proactive adjustments, you can reduce errors, avoid penalties, and gain peace of mind throughout the year.

2 weeks ago
Finance

Canadian Banks: Sales Culture Undermines Client Interests

Concerns are mounting over the financial advice provided by Canada's big banks, with research suggesting sales culture may compromise client interests. Investigations reveal pressure on advisors to sell products, leading to suboptimal recommendations and potential knowledge gaps.

2 months ago
Finance

Are Cars the Dumbest Purchase? Experts Weigh In

A provocative argument suggests that cars are often the 'dumbest' purchase due to their status-driven costs, urging buyers to opt for affordable, used vehicles bought outright in cash. This strategy prioritizes wealth building over depreciating assets and the 'flex' factor often associated with automotive choices.

2 months ago