Cowgill Wealth Management

17/05/2023

Saving a nest egg can give your children a great start in life - and it doesn’t have to break the bank.

They say you can’t put a price on family, but just how much does it cost to raise a child? Raising a child from birth to 18 in 2022, including household and childcare costs, stood at £157,562 for a couple and £208,735 for a lone parent1.

30/03/2023

Selling shares when markets are low could see you miss any price bounce back.
Market uncertainty can provide long-term opportunities for savvy fund managers to exploit.

Since the pandemic began to subside at the end of 2021, the investment world has seemingly gone from one complication to another.

16/01/2023

Make the best use of all your tax allowances and reliefs before tax-year end and lay solid foundations for your long-term goals.

This year more than ever, making the most of your 2022/23 annual allowances and tax reliefs before tax-year end is one of the most practical steps you can take to tackle those tax rises, and bring your tax bill down.

03/01/2023

Good tax habits mean more confidence, control and peace of mind for you.
Make sure you’re not missing out on important tax breaks – before tax-year end.

Many of us will have a money-related goal among our New Year’s Resolutions. It’s a perfect time of year to break old money habits and make some new ones. “Getting into good tax and financial habits help make your life so much easier,” says Tony Clark, Senior Propositions Manager at St. James...

17/11/2022

Today, the Chancellor of the Exchequer, Jeremy Hunt stood up to present the Autumn Statement and medium-term fiscal plan to Parliament. This has been much awaited since the huge U-turns a month ago following the “mini-budget” announced by the former Chancellor Kwasi Kwarteng on 23 September. The...

11/11/2022

When we talk about saving and investing, we generally think of it as setting some money aside for the future.
Go deeper into it, however, and it becomes clear we’re talking about two quite distinct activities.

Go deeper into it, however, and it becomes clear we’re talking about two quite distinct activities. For example, what do we mean by the future - next week, next month, next year or indefinitely? How much are we putting aside, where does it go and what do we want from it?

17/10/2022

The Government has reversed the majority of the measures it announced in its mini-budget.

Today, the newly appointed Chancellor of The Exchequer, Jeremy Hunt, stood up to try and calm market fears following his predecessor’s mini-budget. He announced significant u-turns and commented that more changes would come.

09/10/2022

Initial reactions following Kwarteng’s announcement highlighted worries from financial markets.

The last quarter ended with a lot of change, as financial markets reacted to the implications of new UK Chancellor Kwasi Kwarteng’s fiscal plans.

20/07/2022

How late is too late to start saving for retirement?

When you’re considering your future and what to do with your money, it’s vital to ensure your financial security will continue into later life, when you’re no longer earning an income. But is it ever too late to start saving?

11/07/2022

Many entrepreneurs don’t even consider taking a few simple steps to protect their business when they’re starting up and therefore risk being stung further down the line.

While most people will insure their car, their phone, their holiday and their house, surprisingly few business owners take out the necessary protections to guard against the worst happening.

24/06/2022

Short-termism is something that’s hard-wired into our DNA, and we can be guilty of it all the time, in all areas of our lives. That’s arguably truer of the present than at any other time in recent memory, as we refocus on our financial wellbeing – and it’s entirely understandable.

It was conducted in the early 1970s by Walter Mischel, a professor at Stanford University, and involved placing subjects – children aged 3-5 – alone in a room and presenting them with a simple choice: to eat the marshmallow in front of them right away or hold out for 15 minutes and receive two a...