Blog

Articles

Financial Independence

How To Build A Financial Plan: how can DIYMoney help?

Creating your own financial plan is fairly easy and accessible. The internet offers budgeting spreadsheets, investment calculators, and trading platforms. Everything you need to plan your future and build a financially independent lifestyle is literally at your fingertips.  So why do we still struggle to build a sensible Financial Plan? The web can provide you …

Read more

Investing

Index Funds vs ETFs: A Short Guide

The theory behind passive investing is that no single fund can beat the market over the long term, so gaining exposure to the market as a whole is a more efficient way of capturing returns.  Investors can create an entire portfolio of passive investments, and still gain the same level of diversification as an active …

Read more

Financial Independence

How to Use Pensions and ISAs for Retirement Planning

When you think of retirement planning, pensions are probably the first thing that comes to mind. Most people have a pension through their employer and have contributed for at least part of their working life. But the most effective retirement strategy uses a combination of approaches. Other investment options, such as ISAs, can make your …

Read more

Investing

How Behavioural Biases Can Affect Your Financial Plan

Whether we are aware of them or not, we all carry biases which shape our thoughts and behaviour. Most investors know that making decisions based on emotion is likely to be counterproductive. But what about those subconscious beliefs that can fool us into thinking we are making an entirely rational choice? Biases are apparent in …

Read more

Financial strategy

Getting the Best from a Lifetime ISA

Two of the most important financial goals are getting onto the property ladder and securing a comfortable retirement. Sometimes these goals are in conflict with each other, as the more you save towards a deposit, the less you have available to top up your pension. Additionally, some investments are more tax-efficient than others and different …

Read more

Investing

ESG: Transforming Investing?

Sustainability is an important measure of a company’s credibility, whether the industry is food production, travel, or fashion. It has become increasingly relevant to the investment process, as companies aim to operate more ethically, and consumer appetite for sustainable investing has risen. The wealth management industry has adapted accordingly, responding to the increased demand for, …

Read more

Investing

What is Asset Allocation?

It is a widely accepted wisdom in the financial world that asset allocation is the most important factor when seeking investment growth. This has been the conclusion reached by several academic studies over the years. This indicates that the types of investment you hold will have a greater impact on your returns than the individual …

Read more