A reader asks…

Typically, sinking funds are funds that a company uses to finance major repairs, maintenance and or replacement of major items. Repayment into where the funds originated, or back into the sinking fund is required.
How would a personal sinking fund be ran and would it be beneficial?

A reader asks…

planning, budgeting and investment of personal finance

It’s that time of year again – the time when people up and down the country are making resolutions for the year ahead. With so many people likely to be thinking about sorting out their personal finances in 2008, here are some top personal finance resolutions for you to consider from personal finance author and Chartered Financial Planner Martin Bamford.

Work out your budget

It still amazes me how …