Ungatekeeping personal finance hacks

Ungatekeeping personal finance hacks (save this) PREMIUM BONDS this is a safe way of basically lending money to the government the annual prize fund rate is now 4.35% basically every month there's a prize draw, and yep you could win between £25 to £1m IT'S ALL TAX FREE TOO so once ur allowances are maxed, its a potential alternative PENSION CONTRIBUTIONS yep...we all dread the idea of locking away money until retirement but think of future self! it also reduced ur current tax burden you can open a SIPP if you want to invest in specific things you want! but remember! pension is SO important!!! also! you need to consider whether you want to pay tax now, or at a later date. I prefer paying tax now and having the flexibility of using the money within an isa STOCKS & SHARES ISA yeah everyone tells you to open one.... but this is one of the WORLD's best tax-free way of saving the UK somehow lets us invest £20k per year TAX FREE even USA doesn't do this! use it wisely. POWER OF BREAKING THINGS DOWN to save £20,000 per year, you need to save £54 per day but it's not about saving £54, it's MAKING that. £100,000 a year is £273 per day.... £1m is £2739 per day start breaking down the bigger numbers into smaller numbers. your bigger goals become easier to achieve with new perspective