Grab June's Moneywise, on sale now
Get your 10-year retirement plan in the June edition of Moneywise, which goes on sale in WH Smith stores today.
We explain how to kick-start your investments, understand the new state pension, and boost your income with social media.
June’s magazine, which costs £3.95, also reveals the results of our 2016 mortgage awards – vital if you want to know the best lenders for buy to let, remortages, first-time buyers and more.
With the EU referendum fast approaching, we examine how it could affect your family’s money, and whether it’s time to ditch Premium Bonds.
Those looking to boost their income can find out how to make money by renting their home on Airbnb, while renters could consider becoming a property guardian to slash costs – we explain the ins and outs.
Holidaymakers can uncover how to cut the cost of using mobiles and money abroad, while the ‘Bank of Mum and Dad’ can discover how to deal with kidult pester power.
Plus, you could be in with a chance of winning a luxury break in the Yorkshire Dales.
Moneywise has spent the past 25 years helping your finances. To ensure you never miss out on a copy of our magazine, you could consider getting a subscription.
Currently, we have an offer running where you can get the first three issues for £1, and then pay £7.50 every three months – saving you over 30% on the usual subscription price (£35). See our Subscriptions page for more information.
A form of National Savings Certificate, premium bonds are effectively gilt-edged securities: you loan your money to the government and, in return, it pays you for the privilege with a guarantee it will return your capital at a specified date. Where premium bonds differ is that the interest payments (currently 1.5%) are pooled and paid out as prize money and you can get your cash back within a fortnight, with no risk. Launched by Chancellor of the Exchequer Harold Macmillan in his 1956 Budget, every single £1 unit has the same chance of winning and in May 2011, 1,772,482 winners (from a total draw of 42,539,589,993 eligible bond numbers) shared £53,174,500. The odds of winning are 24,000 to 1 and the maximum holding is £30,000 per person but it remains the only punt in which you can perpetually recycle your stake money.