Personal Finance and Investing

Prudential has revealed that nearly half of women over the age of 40 who live with a partner have no pension of their own, according to new research into couples’ attitudes to retirement.

The extent of women’s reliance on a partner’s pension and the State is not the only shock finding from the research, which also highlights that many UK couples could be sleep-walking into retirement poverty as they have no idea what pension income they will need to live on.

More than half of couples aged over 40 have not worked out how much money they will need to live on in retirement, with two in five admitting to having no financial plans in place for life after work.

British couples also seem reluctant to discuss with each other the finances that will support them in later life. Read more…

Welcome to Wise Bread’s Best Money Tips Roundup! Today we found some awesome articles on saving water at home, tips for a better work-life balance, and when to get rental car insurance.

Four Places Where You Can Save Water at Home — Save water on your lawn by not watering on windy days when a lot of the water will evaporate.

15 Tips For a Better Work-Life Balance — To have a better work-life balance, put your family first when you are home.

When Is Rental Car Insurance Worth It? — If you are renting a car through your insurance company, it’s ok to skip rental car insurance.

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When the financial crisis of 2008 hit, we saw how state-managed capitalism works. Favored companies are allowed to make as much money as they can. But they are protected from going broke.

Certain firms are deemed “too big to fail,” by virtue of the key role they play in the economy, or at least by the role they play in a politician’s plans for re-election or future employment. But state-managed capitalism is very different from the real thing. It is capitalism in a degenerate form.

Real capitalism progresses in fits and starts, described by Josef Schumpeter as “creative destruction.” It is like a junglenot like a zoo. It cannot

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I’m writing this post from the Caribbean island of Grenada, where I’m house-sitting for three months. Sounds pretty good, huh?

Well, I’ve just been dealt a heavy blow. My “partner” — who was supposed to join me here shortly — announced that he’s been sleeping with another woman, and….drum roll, please….she’s pregnant.

So my plans of spending the next three months in romantic coupled bliss on a tropical island are out the window. And to make matters worse, I’m really sick — an illness so incapacitating that I can only sit up for bouts of 10 minutes before having to lie down again. Being sic

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