Saving for a big purchase
Purchasing a 'big ticket' item, such as buying your home or a car, takes research and patience. In all cases, planning and saving for the purchase is important.
Over the past 20 years, we have all witnessed house prices rise dramatically, thereby making it tougher for new buyers to get on the property ladder. However, we believe through effective planning and early savings, buying your first home could become easier.
Understanding how much you need to save, in what time frame, the most tax efficient of saving and the investment choices you have and the associated risks are all factors to consider. At Simply Ethical, you can set up a savings plan that will help you buy those 'big ticket' items.