The 3 Best Financial Decisions Of Your Life

Our lives are all about making the right choices and decisions. Bearing that in mind, I have some lifestyle advice for your finances. Below, you will find three of the best financial decision you will ever make:


Getting A Credit Card

Immediately, we have a controversial decision on our hands. Many believe that credit cards are bad for your finances, but this simply isn’t true. Instead, they’re actually very good for you, and I’ll explain why right now.

With a credit card, you have access to credit which can help you make some big purchases. Not only that, but your purchases on your credit card are protected. This means if something goes wrong with the item you bought, you can have it refunded and not lose money. But, the main reason credit cards are good is because they help you improve your credit rating. If you use one properly and prove you’re responsible with credit, your score and rating will go up, which will help you in the future.

Buying A Home

Buying a home is arguably the best financial decision of your life. Some people are against this as they’re very costly and involve mortgages and lots of other little things here and there. However, I’m firmly for them as they are a very sound investment. Plus, as it says on the Bannister Preston site, buying a house doesn’t have to be complicated and stressful. It can go smoothly, and you will end up with a very good asset.

You see, when you buy a home, you’ve got your hands on a piece of real estate. This is yours to do as you please. You can live in the home for many years, or you can immediately make money from it. A house provides two money-making opportunities for a great ROI. First, you can flip it for a sizeable profit in the space of a year or less. Or, you can play the long game and rent it out to potential tenants while collecting rent for decades. Either way, it’s one of the best decisions of your life as it can help you earn more money.

Starting A Private Pension

When it comes to your life and finances, retirement must always be near the front of your mind. Specifically, how will you fund your retirement? This is where one of the best financial decisions of your life comes in; start a private pension.

A private pension is a fund you start and contribute money to throughout your life. The pension provider also contributes money, and you build up wealth over time and withdraw it when you retire. It’s a simple way of saving up for those retirement years and should be done from a young age. The younger you are when you start your fund, the more money you’ll have come the end of your working life.

My advice is to make these decisions at some point in your life. If you do, you’ll find you keep your finances nice and secure and are free from many money woes.

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Cascade of Colour is a UK Male Lifestyle blog delving in to the world of Mens Fashion and Grooming, Food, Music, Design, Tech and Travel. Want to get in touch? Drop me an email at

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