Author | Lightnews

Build Up Your Wealth @buildupyourwealth.bsky.social · May 27

Warren Buffet: "The best way to own...stock is through an #index fund that charges minimal fees. Those following this path are sure to beat the net results [after fees and expenses] delivered by the great majority of investment professionals."

#PersonalFinance #Money #FinancialFreedom #Invest

Image of stock market index with map of the world

2 steps: Select an index fund, then buy it and hold it for the long term

Index funds are good because they are low cost, diversified and low maintenance

Index funds will have the name of the index they track in the title

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Build Up Your Wealth @buildupyourwealth.bsky.social · May 14

The Base Rate got cut to 4.25%.
Shield your savings from further rate cuts.
Our pick of the week is from Virgin Money with 2 options:

1 Year Fixed Rate E-Bond, 4.31% AER

1 Year Fixed Rate Cash E-ISA, 4.10% AER

Get the best rate. Use your switching power!

#InterestRates #Money #Savings

Image of purple car in parking spot, text asking if you are looking for the best savings rates?

Options for savers with Virgin Money: 1 Year Fixed Rate E-Bond at 4.31% and 1 Year Fixed Rate Cash E-ISA at 4.10%

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Build Up Your Wealth @buildupyourwealth.bsky.social · May 9

Dogs don't care about interest rates. You should.
The UK Base Rate is now 4.25%.

There’s an expectation of another two 0.25% rate cuts in 2025.

Think about a switch to get the best deal on mortgages & savings.

#BuildUpYourWealth #MyDogReggie #InterestRates #PersonalFinance #Money #Mortgage

Image of a black cockapoo called Reggie with detail on the Bank of England Base Rate cut to 4.25%

Build Up Your Wealth @buildupyourwealth.bsky.social · May 6

www.tide.co/business-cur...

Open a business bank account online | Tide Business

Open a free UK business bank account online in minutes. No monthly fee. 24/7 chat support. Up to £85k of deposits protected by FSCS.

www.tide.co

Build Up Your Wealth @buildupyourwealth.bsky.social · May 6

www.starlingbank.com/business-acc...

Business bank account | No monthly fees - Starling Bank

Apply for a free, award-winning digital business account in minutes and join 500,000 UK businesses who have changed the way they bank.

www.starlingbank.com

Build Up Your Wealth @buildupyourwealth.bsky.social · May 6

monzo.com/business-ban...

Open a Free Business Bank Account Online

A fully-regulated UK current account with expense cards, easy payment links, smart safety features & more. Join over 600k businesses banking with us.

monzo.com

Build Up Your Wealth @buildupyourwealth.bsky.social · May 6

www.allica.bank

Allica Bank | How business banking used to be, just better.

Switch to a rewarding business bank built especially for established businesses. Call us on 0330 094 3333 or apply online.

www.allica.bank

Build Up Your Wealth @buildupyourwealth.bsky.social · May 6

Does your business bank account offer value?

These 4 highly rated providers (Allica Bank, @monzo.com Starling Bank & Tide) offer banking benefits & interest on your cash held with them, either directly via instant access accounts or through linked savings accounts.

#BusinessBanking #Money

Image of comic business bank account character working hard with a smile on its face. The text asks a question - does your business bank account help grow your business? The bank account should be earning interest, be connected to accounting software and managing cashflow and tax reporting.

4 business banking options are Allica Bank, Monzo, Starling Bank and Tide

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Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 30

6 simple tips to build yourself a solid financial future.
Once you have a strong foundation, pick your investments. Treat them like building blocks.
One block or lots of blocks.
Combine them to help achieve your financial goals. #BuildUpYourWealth #Money #PersonalFinance #FinancialFreedom #Wealth

6 colourful blocks stacked together to represent how to build a solid financial future

6 blocks in more detail: Review finances, pay back expensive debt, create your budget, set goals, understand potential investment risk, be tax-efficient

Detail on investments - with image of colourful building block to represent different investments working together so you can reach your goal

Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 24

Parents! Build wealth & education through these three things:
1. Junior ISAs
2. Set up a pension for kids - a Junior SIPP
3. Children can learn about money using award-winning providers like Go Henry & Starling Bank

#BuildUpYourWealth #Money #PersonalFinance #FinancialFreedom #JuniorISA

Image of children growing up with text showing three ways to secure their financial future

Text about setting up a Junior ISA for children, naming AJ Bell, Fidelity and Hargreaves Lansdown as award-winning providers

Text about setting up Junior SIPPs, a pension for children. Example of investing the annual allowance of £3,600 and leaving it invested for 50 years. Compound growth at 7.5% annually turns this into £133,883

Text about the importance of financial education for children with Go Henry and Starling Bank as providers who can help children save and invest as well as spend.

Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 22

3 tips to help build our wealth:

1. Use the ISA allowance for tax-free capital gains & interest
2. Contribute more into a pension – workplace, SIPP or both
3. Use credit cards but pay the full balance every month

#FinancialPlan #PersonalFinance #Money #BuildUpYourWealth

Image of a purple number three with Pound, Dollar and Euro symbols, and the statement three things I wish I'd known in my 20s

Details of the ISA tax-free allowance and the importance of using ISAs

Details about contributing more to pensions and percentages to contribute through life - 10% of earnings in 20s, 15% of earnings in 30s, 20% of earnings in 40s

The benefits of credit cards and the importance of paying the balance off every month

Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 22

Building blocks & investing are similar.

When the blocks are in a messy pile, it’s impossible to make sense of them.

Investments need to be grouped to match specific goal. Sort investments by asset class, region & sector. Remember each asset has a particular risk.

#BuildUpYourWealth #Money

Colourful building blocks on a chart showing investment patterns

3 images showing a jumbled list of company names, then a neat colourful list of asset classes on one image and geographic regions on the other image

Images of sectors in a neat list, and companies that resemble a wall with each company grouped into a specific sector

Detail on using index funds as building blocks to create portfolios, with an image of index providers in a list

Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 10

What does investing actually look like?
Global markets have had a wobble.

Here's the 5-year performance of a global equity index fund.

It’s important to put short-term events into perspective, and focus on time in the market.

DM me with any questions.

#PersonalFinance #Money #Tariff #Invest

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Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 8

Trump has had a tantrum.
Investors have been impacted.
How can we build up any wealth?

Well, it’s difficult in the short term. Take a long-term view of investing. Select low-cost, diversified index funds.

#FinancialPlan #FinancialFreedom #PersonalFinance #TaxEfficient #Investing #tariffs #trump

A caricature of Donald Trump as an elephant to represent the Republican party.

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Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 8

Invest £5 a week for 20 years with an annual return of 7.5% and you could end up with £11,259.
That’s less than two flat whites a week.

Take some time to think about your financial goals, review your ISA and pensions, and build up your wealth.

Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 8

Two words: compound returns.
The concept isn’t magic but it is pretty magical.

In the stock market, compound growth allows your initial investment to grow on both the original amount invested and any accumulated earnings (dividends).

#FinancialFreedom #PersonalFinance #CompoundGrowth

Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 8

For a solid foundation and to give your money the best chance to grow, my TIP has three ingredients:
Track your income & expenses
Invest in ISAs
Plan your pension

Use tax relief to build up your pension pot.

#FinancialPlan #FinancialFreedom #PersonalFinance #Budget #TaxEfficient

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Build Up Your Wealth @buildupyourwealth.bsky.social · Apr 8

The base rate (Bank Rate) is currently at 4.5%.
The Bank of England pays interest to high street banks that hold money with them. Their rate determines lending & savings rates. It's also used to control inflation.

#FinancialFreedom #InterestRates #BankofEngland #PersonalFinance #Inflation

Build Up Your Wealth @buildupyourwealth.bsky.social · Mar 18

Invested in the default fund in your workplace pension?
Is it delivering good outcomes for you?

Why not review your pension options?

Get to know what your fund invests in.
Understand performance & charges.
Switch if appropriate.

Take more control of your investments.

#Pension #FinancialFreedom

Build Up Your Wealth @buildupyourwealth.bsky.social · Mar 13

UK folk, thinking about starting or topping up an ISA?

Which will you choose, a Cash ISA or a Stocks & Shares ISA?

You can hold both, as long as your contributions to both types of ISA don’t exceed £20,000.

Invest according to your own attitude to risk.

#financialfreedom #personalfinance #ISA

Build Up Your Wealth @buildupyourwealth.bsky.social · Mar 11

Do you want to take more control of your financial future? Rule number one: Make a plan and stick with it. Give yourself a solid foundation and opportunities to build wealth through savings & investments will follow.
#financialfreedom #personalfinance #financialcoach #buildwealth

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