Five money lessons that clients have shared this week
We can learn a lot from other people's experiences. Here's some recent money lessons that clients have shared:
“ISAs are now NISA”
The new version of Individual savings Accounts (ISAs) came out today and are now, imaginatively, called New ISAs or NISAs.
What is a NISA?
ISAs have always been a tax-efficient way of investing money either regularly or ...
A monkey economy as irrational as ours
Behavioural economics explores why people sometimes make irrational decisions. Laurie's TED Talk shows how monkeys make the same mistakes as we do when it comes to money.
Read on for some other interesting TED talks on the topic of our relationship with money...
Re-invigorating my ‘why’
I've had an exciting few months, which has caused me to be relatively quiet on the Wise Monkey social media front for a while. I took a bit of time out from tweeting and facebooking to take stock and plan my next direction. Some recent tasks and events - updating my website, creating a new video to succinctly explain what I do, regulatory issues and preparing a one-minute speech as well as a teleseminar - have required me to assess what I do and why, and to distill the essence of my work.
‘Retail therapy’ not a myth—we spend when emotional
By Marianne Curphey
Published: 15 April 2014
Think about the last time you went shopping for no particular reason. Perhaps it was a sunny Saturday afternoon, maybe just after hearing some excellent news. Or maybe it was a rainy, cold day, and you had just been through a breakup. Whether you're fuelling your good disposition or aiming to make yourself feel better, your mood has more impact on your spending than you may think. But there are ways to fight the urge to splurge.