Magical Penny

Channel Description:

Latest Articles in this Channel:

12/19/11--12:49: Work, Risk and Death (chan 2127381)

Stay safe out there and keep money in perspective. And, if you have people who are dependant on you, life insurance doesn't hurt, either!


12/19/11--23:00: Should You Get A Junior ISA? | Junior ISA Explained (chan 2127381)

A Junior Individual Savings Account (ISA for short) is a new financial product available in the UK (I can tell you're excited already!) Launching at the start of last month (November 2011) the product allows parents to save money for their children in a tax-efficient way, without needing to use their own ISA and therefore saving their tax allowance for themselves.


12/30/11--11:05: Tax Advice To Save Your Magical Pennies | Introducing Tax On Tax Off (chan 2127381)

I’ve found reading personal finance blogs a brilliant way to learn about the best ways to save and invest. But, apart from saving tax-efficiently in ISAs I didn’t really know much about tax strategies until recently. After talking with a new friend we decided to team up to launch a new website for 2012 on the [...]


01/05/12--13:57: 2011 in Numbers (chan 2127381)

2011 was a crazy year for being an investor. Even someone with relatively small portfolios could have lost thousands of pounds in a month. I know I did! This infographic summarises the year


01/07/12--17:20: Hitting ‘Publish’ on your Saving goals (chan 2127381)

Hit Publish. You'll learn so much on the journey and it's easier to tweak your plans once you've started than getting started.


01/09/12--17:34: Festival of Frugality #318 | Magical Penny Edition (chan 2127381)

Welcome to the Festival of Frugality #318 Magical Penny edition, brought to you from the UK by Adam from Magical Penny.   It was a lot of fun reading through all the submissions. We’re a diverse crowd but we’re all helping each other save money in this crazy world. Let the Festival Commence Editors Pick #1 [...]


01/12/12--13:27: 20 Money-Related Jargon Terms & What They Mean (chan 2127381)

Managing your money can be tougher if you don't understand some of the jargon. So knowing what different terms mean when it comes to saving money and choosing a savings account can mean the difference between maximising your savings or giving it all away to your bank.


01/17/12--15:57: The Ancient Days of Face to Face Investing (chan 2127381)

The internet has changed everything. Today you should be saving what you can, and investing the money you won't need in the next 5+ years largely in index funds that track key markets across the globe for as low a cost as possible using a low cost investment broker/online fund supermarket. And you can do this all on your computer.


01/19/12--04:22: How To Get Your 2012 Off to a Good Start (chan 2127381)

Tips to get your 2012 off to a good start financially


01/25/12--02:54: 5 tips for Live-in Landlords (chan 2127381)

If you’re planning on living with tenants in your own investment property, it’s essential to take out landlord insurance and to choose lodgers carefully. Sharing a house can be challenging, but there are ways to make your time together bearable or even fun. I actually have first hand that this arrangement and know it can be beneficial for both parties. But there are things you should consider: