| |
| |
|
Personal Finance Information |
|
|
|
Make or Break Your Retirement!
The Prudential has dubbed those who refuse to leave home as "kippers" or "kids in parents' pockets eroding retirement savings". Recent research concludes 6.8m over-18s live with their parents. Less than half pay rent, and many parents provide cash to spend. Does this scenario sound familiar? 'As a parent you've spent over 20 years diligently caring for and raising your children. Financially supporting them and ensuring they receive the best education possible. They've attended University, graduated with a respectable degree and are ready to set up their own home. You're now looking forward to more free time with less financial obligations. BUT, due to no fault of yours, your well educated, talented, highly motivated offspring cannot afford to leave home for possibly another 5, 10 or even 15 years.' This is a reality for many parents right now! A recent survey for BBC2's Money Programme (http://news.bbc.co.uk/1/hi/business/4075536.stm) found that high property prices and debts often prevent offspring leaving home well into their twenties and thirties. Further research, by independent market analyst Datamonitor, found that 67% of 18-24 year olds across Europe still relied on their parents for housing in 2004. In fact, one in seven parents with adult children have remortgaged or taken out a loan in an attempt to help them. Couple this with an ageing population, widespread concerns about retirement pensions and the long gone days of a 'job for life', it's undeniable that without taking positive action many parents and their children face uncertain financial futures. However, these challenges create many new opportunities for parents to help their children find a path to financial security, personal growth and prosperity. Tiscali Plc, a leading European Telecommunications company is doing exactly that through Tiscali Network (http://www.tiscali-corp.co.uk). Tiscali provide aggressively priced ultra highquality telephone, broadband and mobile phone services. Tiscali Network provides thousands of people the opportunity to market and sell these products with the very minimum of investment. Through collecting a few customers and building a network of people to do the same these students, graduates, professionals, parents from all walks of life generate substantial part-time, full-time incomes and building solid residual income streams to support them in the future. In many cases, Tiscali Network provides incomes well in excess of those obtainable in traditional employment and more importantly incomes available to students or new graduates. Tiscali stake a major part of their future with Tiscali Network (http://www.tiscali-corp.co.uk) which generates over 12% of their UK revenue grown from zero in just two years. Providing one of industries cheapest customer acquisition costs only adds to the longevity of this route to market. Coupled with a recent doubling in Tiscalis' brand awareness and the fact they pick up close to six in ten new UK broadband connections; anyone involved in Tiscali Network (http://www.tiscali-corp.co.uk) holds confidence in their financial future. Emerging opportunities like this are driven by our changing economic, social, demographic and technological environment. Embracing these changes, educating ourselves and our children and being prepared to explore new opportunities may ultimately be the only way to secure their future. Taking action and investigating opportunities such as Tiscali Network (http://www.tiscali-corp.co.uk) was once a task for the few. Now more than ever, it is becoming a necessity and for many parents, perhaps even a responsibility. ============================================================ 6.8m over-18s live with their parents. Take action to stop your retirement fund eroding. Click here =>http://www.tiscali-corp.co.uk ** Attn Ezine editors / Site Owners ** (c) Henry Baker - All rights reserved - http://www.tiscali-corp.co.uk Henry Baker is a young entrepreneur, sales and marketing professional. Owner of several successful e-businesses Henry's writing comes direct from a passion for marketing, technology and understanding of finance.
MORE RESOURCES:
Personal-Finance - Google News |
|
|
|
RELATED ARTICLES
Budgeting Before Buying With interest rates being at an all-time low, I can understand the urgency for people wanting to purchase a home. But I caution the first-time home buyer to learn how to budget their money before buying a new home. Single Mother Resources Directs You Towards Success As a parent you are bound to face a few challenges but as a single mother you are bound to face challenges almost everyday. Raising a child is not meant to be done alone however today it is occurring more often then traditional value holders would like to see. 7 Simple Ways To Save Money Each of us knows how to spend money, but do we really know how to save our money? No, I am not necessarily talking about setting aside funds for an investments purposes - a good thing - but saving money on everyday items. Here are seven simple ways you can save money:1. Top 10+ Ways to Jumpstart your New Year's Finances! Of course, these don't have to be done in any particular order! Just pick one or two that particularly apply to your situation. * Create your 2005 filing system. UK Graduates Looking Short-Term At Their Long-Term Financial Responsibilities With almost two thirds of university entrants from England and Wales who applied for maintenance grants for this year being unsuccessful, and the average graduate owing £13,501 when they leave, according to Barclays, combined with a survey by High Fliers Research showing that only 21% of students were confident of managing to enter a graduate-level job this year, it is not surprising that there is a feeling of gloom hanging over many UK university entrants.According to a survey of students from 30 institutions; 63% believed there are not enough graduate jobs for everyone leaving university this year, with a fifth stating that they felt that there were only limited jobs available. Bankruptcy Laws Get Tougher - More Expensive If you've been thinking about filing for bankruptcy, your best bet might be to file now.A new bankruptcy law takes effect in November that will make it harder and more expensive for most families to file for bankruptcy and discharge their debts. Do You Really Need the Power of Money Management Software? I have been a loyal user of Quicken(R) for more years than I can remember. But a conversation the other day with my youngest son started me wondering whether or not I really need money management software. How to Attain Your Dreams on a Single Income If you recently became a single parent and see your dreams being washed away because you feel all alone, you aren't alone. There are single parents that face future endeavors alone like dating again, living on one income, and buying the home they've always imagined. Safely Save for Your Childs University Studies Using An Education IRA! This investment retirement account (IRA) is useful to you as an investor to understand because it may be a good way for you to save for your kid's education AND save on taxes. These plans are now called Coverdell Education Savings Accounts in honor of the late U. Dramatically Improve Your Stock Trading Success Get Access to Realistic profitable strategies & discover the mindset to dramatically improve trading success.* Avoid those confusing "cookie cutter" technical analysis tips and tricks that you can read anywhere else for free. What Happens if You Die Without Making a Will If you die without making a Will in the UK, the state will decide who gets what and how much, so those who you would want to benefit may get far less than you hoped.Your estate (your property and all belongings) are frozen and become subject to the law of intestacy. Avoiding A Nightmare On Renovation Street You've decided you want a bigger, better and more desirable house. How do you determine when to renovate, what to do and importantly, how much will it cost and will we get our money back?Unless you're in the building industry, most people are fairly naïve when it comes to making decisions about renovating. The Magic Of Compound Interest Christians are called to be good stewards of God's resources. A steward can be described as someone who manages the resources of another. Photo Checks - A Great Alternative in Checking It's the little things in life that make it interesting. Everyday life can be so boring at times. How to Draw a Personal Budget that Works Many people spend their little income haphazardly without any planning and end up getting broke before month-end. They then borrow to make ends meet and end up with more problems that they fail to repay their debts promptly. Expenses A - What Are They And What Can We Do About Them It is crucial as an individual who is striving for financial freedom to be able to recognize the different type of expenses in our lives. It is a proven theory that it is easier to cut your expense than trying to earn more income. Im Broke, How Can I Afford... I'm still amazed every time someone comes to me complaining that they don't have any money to put into their business and that they're broke.I mean what have you been doing with your money man?!?Plain Truth: If you don't have any money you won't make it my friend? it's that simple. Ways to Save Energy and Slash Electricity Bills 1. Lighting & Light Bulbs Install low energy light bulbs in rooms you use regularly - they last up to 15 times longer than a normal light bulb and provide the same lighting for a quarter of the running cost. If All Things Are Possible, Why Cant I Balance My Checkbook? For me, the most terrible time of each month is the day our bank statement comes. We commonly call it BSS (Bank Statement Syndrome). Planning Ahead with Your Finances If you, like most people, have not seriously considered what steps you should take for planning your finances and are now planning on buying a house, getting married or having children, you will do well to read David Chilton's book 'The Wealthy Barber'.It will not matter if you have never heard of a mutual fund or even balanced your checkbook.
|
| home | site map | Privacy Policy |
| © 2006 |
