Now more than ever, it’s a good idea to keep on top of your bank balance. However, many people struggle to understand the payment types that leave their accounts automatically. There are primarily three types of payments that debit funds from your bank account. Here, we will help you understand how they are set up and […]
If you have started your first full time job, then you should really start to think about paying into a pension. It is never too soon to start putting even a little bit of money away towards your retirement; and whilst that really might seem like such a long way off when you are still […]
Debt can be terrifying, crippling even. If you are juggling multiple different debts then it can be hard to know where to start. The best thing that you can do is tackle your debts. You can get them on track so that you can be debt free as soon as possible. The big question is: how […]
A cash ISA is simply a savings account that you don’t pay tax on. You can put £20,000 each tax year into a cash ISA, and it remains tax-free year on year. Cash ISA savings do not count towards the PSA (personal savings allowance). Yet, for many, such benefits are no longer relevant. This is […]
The cost of living in the UK has increased by huge amounts. According to the Office for National Statistics, in April 2022, 87 per cent of adults reported an increase in the cost of living. You only need to turn on the news to hear about the cost of council tax increases, the energy bill crisis, and […]
There is no doubt that it’s time for many of us to look at our finances. It certainly pays to budget wisely, and saving some money along the way has to be a good thing. Whether to cope with the rising cost of heating, getting around with transport and fuel costs increasing, or simply paying […]
In the last couple of years, the newspapers have been full of articles about how good electric cars for the environment and how over the course of the next few years we are likely to see more electric cars on the road and the start of a better infrastructure to support their use. You may […]
You can’t help but notice that the cost of energy bills is rising. The energy price cap will increase a staggering 54% from April and may rise further in October. We will face higher bills, at least for the foreseeable future. With energy companies hiking daily charges by vast sums which cant be avoided, it […]
Subscription shopping has actually been around for a decade or so now. However, it is spreading its tentacles across an ever wider product range. Certain products may well lend themselves to the concept of subscription shopping. We’re thinking here of things like pet food and cosmetics, things which, once you’ve decided to stick with a […]
Finances change on a fairly regular basis, whether you get a raise in your current job or start a new one, the prices on your utility bills can go up, and of course they will fluctuate with the seasons. Taking the time to conduct a personal finance audit can be a good way of keeping all of […]
Updated 27 February 2023 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? […]
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 […]
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 […]
There is no denying that having a car can be expensive. However, for the majority of families, having access to a car is a necessity. They may need one to get to work, school, transport children to activities and even do the weekly shop. If you are a multi-car family, then these costs are even […]
