While you might have heard the saying that you need to have money to make money, you probably didn’t stop to think that any money that you haven’t borrowed from a bank is your money. It’s money that you can use to, well, make more! This is especially the case now because investing has become more accessible to the Average Joe (and Joanne), who can start an investment fund with £100 or less.
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While every parent’s dream is to send their child to university, it is often more expensive than the average working class family can afford. If you take into account that the average salary as of 2018 in the UK is £27,271 and that the cost of undergraduate programs at university can reach £9,250 per year, it is understandable that most working class parents are seeking ways to grow any savings they can accrue. This typically means investing small amounts over a long period of time and for the most part, this is a good plan. However, what kind of investments are safe and are you willing to invest in a fund overseen by someone else, no matter how knowledgeable that person might be? Here is an unusual option to consider.VIEW the POST