Laura Kate Lucas

  • About
  • Contact
  • Media Kit
  • Press & Features
Contributed Posts

Investing Money for your Future

July 28, 2021

Investing Money

I’m sure most of us dream of winning the lottery. Imagine doing amazing things like looking after family, travelling the world, building your dream house, or owning a dream item from your wish list. I’m sure we often think that something like a lottery win could totally help us escape the worries of life.

However, you often hear of millionaires and billionaires who came into a windfall and in a few years all of their money was gone. These people failed to invest for their future and didn’t plan wisely. It’s easy to be overwhelmed by a large sum of money, and if you are spending without consideration, the consequences are often devastating.

There is an article on Lottoland.co.uk that helped people who were new winners of the lottery to understand what challenges they were going to face. Their website offers also a lot of information for winners on the smartest ways to spend and invest their winnings. The information comes from experts in multiple fields.

Here are a few of the most popular ideas for when you come into some money or are looking at investing money in your future.

Buy your dream home

Investing money in your dream home should be one of the first things to consider. The main thing to consider when buying your house is the location of the property. You will definitely want to consider how the value of the house will be affected, the area, and any other factors that might impact you when you move in as well as when you consider selling.

If you are purchasing a house, consider hiring a professional. Ideally the property will be in an area that is in high demand and is growing. This often means you will pay a premium price for the property, but when you are ready to sell, you will also demand a premium price. Land increases in value, so that will almost always guarantee a profit as long as the property is well-kept. When you decorate your home, try to buy high-quality furnishings too. Unless you are 100% sure this will be your forever home, try not to personalise the house too much.

Best Place To Live Research says the best place for young couples to live right now is West London. West London is a beautiful area filled with historic sites, lovely parks, and miles of green space. There is plenty to do and endless places to get outdoors, play and stay healthy. You will often spot deer in the parks, picnickers, and cyclers among others out for fun. But let’s not forget the miles of five-5, world famous restaurants, wonderful shopping, fantastic shows, and a great nightlife!

Laura Kate Lucas - Manchester Fashion, Lifestyle and Technology Blogger | Fast Charging with Anker Nano

Growing Your Business

Using your money to begin a business or expand a business you already own is a great investment if you have the funds and the plans. This is definitely a wise move if you won the lottery and wanted to invest some of your lotto funds! I’d suggest looking at financial programs available to help new companies and new business owners succeed. You could also look at investing money and helping another small business get its feet off the ground.

Considered Purchasing a Franchise

If you are looking to invest, one of the best investments you can make is purchasing a franchise, with this Premier Pools & Spas pool building franchise being an example of one of the many on the market currently. The good thing with these is that they come in many different shapes and sizes, allowing you to choose something thats right for you, without having to go through the tedious startup stage. If you would like to browse some franchises, I’d recommend you use a website called Franchise UK. This will provide you with a comprehensive list of franchises for sale.

Laura Kate Lucas - Manchester Fashion, Travel, and Lifestyle Blogger | Swimwear365 Review Adidas Swimsuit One Piece

Travel

In my opinion, travel is one of the best investments. It doesn’t need to mean going somewhere hours and hours away. Simply travelling around your home country, or getting shorter flights to closer locations to explore are equally as fulfilling as long-haul travel. You should take the opportunity to tick off some of your bucket-list locations while you can. This is definitely one of those things that most people say they wish they did more of. So get out there while we can and do it!

Money doesn’t make you happy. It doesn’t make you love more or trust more. But it does make it easier to see the ones you love more. Always be sure to control your money and never let your money control you. As long as you remember money is not you, it is a tool for you, you will be just fine.

LL x

*This is a contributed post.

You can find more similar posts here and here.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Pinterest (Opens in new window) Pinterest

Related

RELATED POSTS

2 Comments 
[zilla_likes]

Trackbacks

  1. Everything You Need to Know Before Moving House in 2022 - says:
    July 2, 2022 at 2:48 pm

    […] You can find similar posts here and here. […]

    Reply
  2. The Best Money Saving Apps For 2022 to Help You Stay on Track - Laura Kate Lucas says:
    August 9, 2022 at 10:06 pm

    […] can find similar posts here and […]

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Laura Kate Lucas | Manchester Lifestyle & Fashion Blogger

Bloglovin

Follow

 

Coconut lane discount badge

Proudly associated with Copywriter Collective
Europe’s No. 1 source for freelance copywriters


Categories

  • Accessories
  • Activities
  • Advice & Tips
  • Beauty
  • Blogging
  • Cakes & Baking
  • Competition
  • Contributed Posts
  • Event
  • Fashion
  • Fitness
  • Food & Drink
  • For Him
  • Gifting
  • Hair
  • Health
  • Home & Interiors
  • Jewellery
  • Lifestyle
  • Lockdown
  • Marketing
  • Pet
  • Recipes
  • Restaurant
  • Seasonal
  • Subscriptions
  • Technology
  • Travel
  • Uncategorized
  • Wedding

Archives

Subscribe

Enter your email address to subscribe to LauraKateLucas and receive notifications of new posts by email!

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy
Jennifer theme  |  
 

Loading Comments...