“Managing money during the festive season can be challenging, but careful planning could make it possible to enjoy the holidays without getting into debt.” says Jonathan Watts Lay, Director, WEALTH at work, a leading financial wellbeing and retirement specialist.
US markets will pause for the Thanksgiving holiday, with stocks and bonds closing tomorrow (Thursday, 28th) and limited trading on Friday.
This morning, the UK’s CPI for October was reported at 2.3%, a sharp increase from 1.7% in September, marking a significant uptick.
After weeks filled with key economic indicators, markets are enjoying a relatively quiet spell.
As the U.S. election nears its conclusion, it’s looking increasingly likely that America could see a return of Donald Trump to presidency.
According to WEALTH at work’s research of over 2,000 workers, the biggest financial concerns for the year include not having enough savings for unexpected costs (40%), not being able to save enough for the future (38%), not being able to pay basic living costs such as rent, mortgage payments, energy bills, food etc. (34%) and being in debt (29%).
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