Isobel Lawrance


thirteenth Aug 2022

Studying Time: 5 minutes

 

Welcome to Ask Jasmine, the column the place I spherical up among the questions I’ve obtained from readers every week. This week, I reply questions on passive revenue, breaches in a contract and credit score allowance.

I hope these solutions might help you with any questions you might have. Don’t neglect to go away any questions you have got within the feedback under or e mail me on [email protected].

 

 

how am i able to utilise passive revenue?

query:

Hey Jasmine, 

Simply been studying your fab column once more. Yesterday, I learnt the time period ‘passive revenue’ from a buddy. Not sure if you’re conscious of this time period?

I’m presently in a lucky place to economize each week; (I work as an company social employee and receives a commission weekly). The cash goes into my Nationwide financial savings account. Are you able to suggest a small funding I can utilise please or one other approach of saving?

Thanks

reply

Thanks,

Sure, I’m conscious of the time period ‘passive revenue’. The truth is, we now have a variety of articles on how one can get a passive revenue (become profitable with out a lot effort) on my web site MoneyMagpie.com. Check out the ‘become profitable’ part to see what we write about.

Good concept to get into some investing along with your cash.

Legally I’m not allowed to present you recommendation over this, however I do recommend you learn up about it a bit your self. Take a look on the ‘Handle your cash’ part on Moneymagpie.com and also you’ll see that we now have a number of articles on find out how to make investments, find out how to put more cash into your pension, find out how to open an ISA (ideally a shares and shares one) and much extra.

It’s all the time a good suggestion to place your cash into various things, so now that you’ve a financial savings account it’s price eager about placing more cash into your pension and in addition about establishing a shares and shares ISA.

You can go and go to just a few unbiased monetary advisors and get their ideas. The primary session with a monetary advisor is free so you may get some helpful ideas simply by visiting them. Discover some good ones at VouchedFor right here https://offers.vouchedfor.co.uk/free-financial-health-check/money-magpie

Hope that helps. All greatest, Jasmine.

 

am i able to declare a breach of contract?

query:

Pricey Jasmine,

I took out a Sky broadband bundle nearly a yr in the past, a part of the deal I used to be to obtain a £100 present card, both a bodily or on-line use card for use after three months. Finally I used to be notified that my present card was now accessible to make use of!

But it surely was not equipped by Sky themselves, moderately a USA primarily based firm, this appeared to be simple till I adopted the knowledge given. After attempting unsuccessfully and emailing the corporate, who advised me to strive once more, finally my e mail was returned as undeliverable.

A couple of months in the past, I referred to as Sky and finally managed to talk to a really hostile younger man who I ultimately requested, “Who do assume you’re speaking to? “, due to his condescending perspective

I used to be advised that Sky didn’t have any free present card presents operating at present, and in the event that they did then they’d be managed by a promotions company and don’t have anything to do with Sky, once I reminded him that the cardboard supply was a part of the contract, I used to be principally advised I needed to cope with an company that was uncontactable.

Can I declare breach of contract? I really feel that I’m being taken for a trip by Sky they usually could possibly be doing this to 1000’s. In case you might help/advise. Thanking you.

reply:

Hey,

Thanks to your e mail. This does sound very annoying!

I recommend that the next move can be to take your grievance to Recover.com. They’ve direct entry to complaints departments in lots of firms together with Sky and I believe you’ll have an honest probability of getting this sorted out if you happen to do it by them. Give it a go anyway. If it doesn’t work, then come again to me.

All the perfect, Jasmine

 

do financial savings have an effect on credit score allowance?

query:

Pricey Jasmine, 

[My wife and I] do not need non-public pensions or employment and reside on the Governments state pension handout. I’ve not utilized for credit score allowance due to the means take a look at and I’ve financial savings that we live on. We have now our personal home which was the one one I may discover after two years of looking out with a granny flat downstairs as a result of my spouse can not stroll. It needed to be near a hospital and I used to be knowledgeable that Addenbrookes was the perfect. So, we upped sticks and boy have we suffered.

Anyway, if one has financial savings does that impact asking for the credit score allowance? There doesn’t appear to be any fuel or electrical concessions. Will the truth that we can not use the upstairs have any steadiness on requests for council leniency?

We have now been locked in for the final seven years and married for 50. We’re managing however can’t get out and about. I’m conscious of the council and the native visitor properties that need £7,500 a month it’s ridiculous, and a lot of the council helpers that volunteer for residence help/assist, are older than me.

Greatest Regards.

reply:

Hello there,

Nice to listen to from you and I’m so sorry that you’re having such issues for the time being. Now, I contacted Age UK https://www.ageuk.org.uk/ as a result of they’re excellent on this kind of factor. The truth is, I recommend that you simply give them a name on 0800 055 6112. They’re open 8am to 7pm each day of the yr.

In addition they emailed me about your state of affairs and stated:

I hope that helps. All the easiest to you and your beautiful spouse. Preserve caring for one another. You’re doing an ideal job! All the perfect, Jasmine

–

Do you have got a query for me? Depart it within the feedback under, or e mail me your query on [email protected]. I may reply it in subsequent week’s Ask Jasmine column.

Communicate subsequent week!

 

Disclaimer: MoneyMagpie will not be a licensed monetary advisor and subsequently info discovered right here together with opinions, commentary, ideas or methods are for informational, leisure or academic functions solely. This shouldn’t be thought-about as monetary recommendation. Anybody considering of investing ought to conduct their very own due diligence.