Doomspending is on the rise and it’s bad news
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What to read right now…
Global growth has slowed to a crawl. Or more precisely, a projected 2.5% for 2026, which is lower than inflation in many countries.
Incidentally, inflation is one of the triggers for the rise in doomspending – and here’s an interesting look at why and why it’s problematic.
Meanwhile, there’s a lesser known alternative to the FIRE (Financial Independence, Retire Early) movement called SPIRIT (Spark, Persevere, Increase, Revisit, Invest, Tax efficiency).
I’ll be honest, it sounds a lot like sensible financial planning to me.
And finally, for parents who want to financially help their children, junior SIPPs might just trump junior ISAs.
The deal that’s a steal…
The M&S summer sale* is back and that means up to 70% off across everything from men and women’s clothing and accessories to stuff for the home.
I always try to stock up on home stuff but because there are some real bargains and they’re really good quality.
One example is this set of four M&S ribbed ceramic cappuccino cups*.
The full price was £20 but it’s been knocked down to just £5.99 in the sale. As I said, bargain.
If you only do one thing…
Incidentally, there are a lot of summer sales coming up.
Apart from making sure you’re getting a real bargain, it’s worth brushing up on your consumer rights.
Items bought in a sale typically come with fewer protections so you need to know how to get a refund if the item isn’t quite what you expected.
