The world’s richest man is no stranger to making headlines, and this week was no exception.
Elon Musk’s net worth ballooned this week, briefly making him the world’s first half-trillionaire.
At the same time, October’s Premium Bonds prize draw saw millions of savers across Britain given a boost to their own net worth.
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But while some have found themselves richer this week, some savers have been urged to squirrel more away in their pensions by cutting out ‘luxuries’ like takeaways, gym memberships, and streaming subscriptions.
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Get a wealth of analysis and reaction to some of the biggest money stories of the week in our stories below. Remember, you can get the latest headlines delivered directly to your inbox with the MoneyWeek newsletter.
- The top stocks and funds to buy according to DIY investors
- Pensioners cash out at double the recommended rate – are you ignoring the 4% rule?
- Inheritance tax raid sees families rush to take out life insurance to pay death bills
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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
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Boost for over 100,000 families on Child Benefit as new HMRC payment system rolled outThousands of households will no longer have to pay the dreaded High Income Child Benefit Charge through self-assessment
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Are you being haunted by the ghost of Christmas past? How festive cutbacks could boost your long-term wealthThe average family spends around £1,000 over the Christmas season. Here’s how much you could have gained if you had invested some of the money instead.
