According to The Money Charity, the average household debt recorded in July 2020 was a staggering £60,403. With 12.8 million people in the UK having no savings, or savings for less than £1500 it’s clear that many of us are in debt to a certain extent. But what happens if debt starts to become unmanageable? […]
Saving money can seem really difficult sometimes. Surprisingly though, even the most lavish spender or cash-strapped could find it easier to put some money away if they follow a few simple steps. Here, we show you just a few simple changes you can make to the way you approach saving, that could help you succeed […]
It’s hard to imagine forgetting about money, but you may be surprised to learn that in the UK alone there is something like £15 billion of forgotten about financial assets languishing in old bank accounts, investments, premium bonds, pensions and life assurance policies. Some of these may have belonged to a relative who has passed […]
As we emerge from the coronavirus lockdown, many in the UK are desperate to get away for a much-needed holiday, but securing your trip away may not be as straightforward as you think. Aside from the confusion still in place over which countries you are allowed to visit and whether quarantine rules will still be […]
At the beginning of the pandemic as the country went into lockdown, many people found themselves unable to work. In some cases, it was not possible for some to work from home and they were subsequently put on furlough by their employers. Mortgage lenders announced a range of measures that could help those people who […]
Being in debt can be a scary place and it can be hard knowing what to do about it and which way to turn. One method for helping you to manage your debts is through debt consolidation and here we will explain what it means. What is Debt Consolidation? In short, it usually takes the […]
It is true to say that you never know what’s around the corner or what kind of catastrophe could befall you at any given moment. Everyone assumes that they are always going to be in the best of health. But what if your health suddenly takes a nosedive or an accident happens that prevents you […]
As we collectively battle through what is an unprecedented public health crisis it is clear that many people are going to be adversely affected when it comes to their day to day finances. The government has announced several help packages for certain groups but what people want to know is what help is out there […]
You have probably seen plenty of advertisements for cashback sites in recent years, and they certainly seem to be on the increase. While they appear to be a great thing, it is understandable that many people are wary of them. Here we will look in detail at how cashback sites work, whether they can save […]
Taking out a mortgage is a huge decision and it is worth taking time to do your research in order to get the best deal as the mortgage market can be a very complex minefield to wade through with many different types of deals on offer. What is a mortgage broker? A mortgage broker is […]
Whether you’ve been offered an annuity or you’ve heard the word mentioned and would like to know more about whether one would be right for you, this basic explanation may help you decide. What is an annuity? An annuity is a written agreement between you and an insurance provider that allows you to accumulate funds […]
Everyone has a different opinion on renting vs buying, but which one truly is the best route to take? That depends on so many different factors, it’s impossible to answer in general. But with the proper information, each individual can make an informed decision that best suits their current situation. Buying a home is a […]
Identity theft and credit card fraud is one of the fastest-growing threats to personal finance today. Latest figures for credit card fraud are estimated at around 39% of fraud cases in the UK for 2018 according to Which? magazine. It helps to know what credit fraud is and what you can do if it happens […]
Whilst you may currently be saving for a pension or even have more than one pension, you could be considering the possibility of combining them. If, over the years, you have accumulated more than one pension from different jobs, it can prove difficult in keeping track of them and their performance. When looking at combining […]
If you wanted to cut back the amount of money you are spending on home insurance fees, there are quite a few ways to do so from getting new quotes to changing your security. The lowest price should be your main focus so don’t sit on a plan just because you’ve had it for a […]
Whilst you may not have even thought about a pension, let alone started saving for one, fear not, there’s still plenty of time. No-one knows what the future will hold but what we do know is, if you have sufficient funds available then your options for the future will be open-ended. Life in your 30’s […]
A new year has rolled around and you may be hoping to start afresh with resolutions for a new you. Make this year the year you resolve to break those bad habits which you may not even realise you had, that are stopping you from managing your money properly. Invisible Spending What do we mean […]
Every year many people make New Year’s resolutions, whether they decide that this year they are going to get more exercise, lose weight or be more money savvy. The problem is that sticking to a New Years resolution can be quite tricky. Sticking to a budget, especially if you are not used to one, can […]
If you are self-employed and looking to make your first move onto the property ladder then you might be concerned that you won’t be able to get a good deal on a mortgage. Whilst it is true that with the removal of self-certification mortgages from the market, due to the number of people who abused […]
Whilst some people might claim that it is too early to put up the Christmas decorations, it is really never too early to start thinking about next Christmas. With some really careful planning, there are some very good savings available throughout the year that can really help to spread the cost. So if you are […]
