Article by Gill Fielding. 1. Understand where you want to be. Everybody has wildly different perceptions about money and what wealth means – you have to discover what wealth means to you: one man’s riches may be peanuts to somebody else. Think about what you really want in terms of money: in my experience people always need much less than they originally think. What wealth do you want to have? 2. Work out exactly what (more…)
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Article by Ceri Wheeldon When I set up my first business in my early 30s, the financial investment needed was far greater than the investment needed today. I needed a PC, business quality printer, fax machine, copier, and telephone system all of which came to an initial investment of around £7000 and delivered far less functionality than a laptop and all-in-one printer costing hundreds of pounds today. On top of that I had to rent (more…)
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Article by Fabafterfifty New research confirms just what we’ve been saying on Fabafterfifty – that more women than ever are looking to set up their own businesses in their 50s-although I have to say I hate the term that ISME have come up with Gran-trepreneur! Much prefer Fab-preneur! They’ve spent their lives working for others, now Britain’s 50-somethings are setting up shop and doing it for themselves in 2012. A staggering 71 per cent of (more…)
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Article by Fabafterfifty We may think that once we turn 50 our costs will decrease, but it would appear that this not necessarily the case. Turning 50 marks the most expensive period in our lives, a new study has revealed. Especially with children flying the nest later than anticipated, increased costs of education, and adult children returning home to live! Experts calculated that those in their 50s can still expect to be lumbered with hefty (more…)
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Article by Anthony Fleming First of all identify as many of the limiting thoughts and beliefs you have with regard to money. For example, “I’d rather be healthy than be rich.”, “There’s not enough money to go round.”, “We can’t afford it.”, “Rich people are selfish.”, “You have to work hard to earn more money.”, etc. etc. Why? Because in the first instance, why must you choose to be healthy or rich? Why can’t you (more…)
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Article by Sarah Pennells of SavvyWoman.co.uk For many of us, the New Year might mean focusing on our health, our career or our money and it seems that financial resolutions have been particularly popular this year. According to investment website rplan.co.uk, more women than men (59% compared to 50%) planned to cut back on spending and 77% of women will set new financial goals. If you’ve made some money resolutions or if you’re looking for (more…)
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Article by Savvywoman Sarah Pennells The Christmas sales have meant bumper takings for the high street and for online stores, with millions of us on the hunt for a bargain. But what happens if you buy something that turns out to be faulty? According to Consumer Direct, problems with clothes are consistently amongst the top ten complaints they receive, with over 20,000 complaints in 2011 (and 40% of those were made in January – the (more…)
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Article by Fabafterfifty The Payments Council published independent research to show that the closure of the Cheque Guarantee Card Scheme has had little impact. Since the closure of the Scheme in June: • 88% of people using guaranteed cheques report that since Scheme closure they are still able to use cheques in all of the places where previously they’d used the guarantee • 43% of people who used their cheque guarantee card in the past 12 months (more…)
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Article by Fabafterfifty Are you taking the simple steps needed to stay safe when you shop on the internet? Banking industry initiatives coupled with cardholders being more aware of fraud prevention measures have resulted in a 40 per cent drop in card fraud losses in the past couple of years, down from £609.9 million in 2008 to £365.4 million last year. More than 35 million of us shopped online in the past year – 52 (more…)
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Article by Fabafterfifty Well , perhaps not quite a year, but it seems that gap years are no longer the preserve of the young. New research shows that more than 25% of those over the age of 55 are planning to take an extended break – travelling on average for 3.7 months. Top gap year destinations It would appear that Australia (which would be my first choice as soon as the opportunity arises) tops the list (more…)
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Share your story and inspire other Fabafterfifty readers!
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Dresses with Sleeves Challenge Day 49 – Sophistication over 50
How do you choose the best hat for your face shape?
Dresses with Sleeves Challenge Day 48 – a touch of sparkle
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