It’s my mission to explain the sometimes complex world of financial services. Here are all my posts.
Choose by category, tag, date or title; these are all of the NazFinancial Blogs published so far.
The furlough scheme set up in March 2020 was designed to save jobs. Now it’s been extended again and this month I’m looking at its
A review of personal finance in 2020? The temptation to move swiftly on is immense. As we move from a year we’d rather forget into an uncertain 2021, I’d like to pause for reflection before we do so. It’s always important to learn, and 2020 is no different. So, here’s my review of the year, as seen through the prism of my blogs.
WARNING: Pound cost ravaging is a rather technical concept. But it’s very important, particularly in the shadow of COVID-19, for anyone taking retirement incomes from
Overpay the mortgage and you could save a lot of interest payments and even pay it off early. But the numbers aren’t always clear-cut and the decision is more than just about numbers. What else should you consider? Read on…
Glossary of Personal Financial Terms
In short, AAA ratings (‘triple-A‘ ratings) are the highest credit rating available for an investment, such as a bond or company.
AAA ratings are issued to investment-grade debt that has a high level of creditworthiness with the strongest capacity to repay investors.
Similarly, the AA+ rating is issued by S&P (Standard and Poor) and is similar to the Aa1 rating issued by Moody’s. It comes with very low credit risk and indicates the issuer has a strong capacity to repay.