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Your money and your life

Article Abstract:

It is important to be aware that different financial strategies are required for the different stages of life. Young, single people will probably have low income and low expenses. They should focus on saving for a house deposit, paying off student debts and starting a pension. Those with a young family should focus on keeping debts under control, insurance and purchasing their own home, while those approaching retirement need to plan for retirement. The retired should focus on increasing their income, reviewing their will, planning for long-term care and inheritance planning.

Publisher: Consumers Association (UK)
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 1999
Analysis, Financial planning

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The money programs

Article Abstract:

Personal finance software such as MoneyMatters or Quicken 5 Deluxe can be very useful. It is generally intuitive and easy to use, with the user being required only to enter basic details of income and spending. It allows the user to analyse spending and check credit card statements, and can often pick up mistakes in accounts. It can also be used to track investments, but reports and analysis can be poor.

Publisher: Consumers Association (UK)
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 1997
Evaluation, Financial software, Buyers Guide

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