For those looking to grow their wealth there have always been pitfalls and minefields to negotiate as well as advantages which can come with the help of professional finance experts. Now, with the growth of tech tools such as robo advisors and artificial intelligence, it is possible to do away with financial advisors altogether and […]
Personal Finances
Is it Time to Switch Your Current Account?
During very recent times, when interest rates were low, it hardly seemed worth switching accounts. However, recent months have seen interest rates rise significantly. Although they are falling back a little, there are still quite a number of accounts paying 5% or more. According to the latest reliable figures some 114,000 people switched their current account in […]
Financial Literacy for Kids
An ability to understand and manage money is a vital life skill and one that should be instilled from an early ago. Children may not be financial experts. However, when they learn about the value of money from an early age it helps to set them up for the future. What is financial literacy? Many […]
What should you consider when you are ready to remortgage?
For many, a remortgage can be a good option if they are considering freeing up some money. It offers a chance to consider the rate that is being paid and look for something that is more attractive. It can also be a time to consider taking a little extra on the mortgage in order to […]
How to Build an Emergency Fund for Unexpected Expenses
With interest rates having risen again and prices showing no sign of coming back down, or even slowing up, it is little wonder that so many people are concerned about the rises in costs that we have already seen in 2023. With this in mind, it can be a good idea where possible for people […]
Are You Paying Too Much Tax?
Unfortunately, thousands of individuals in the UK are paying more tax than they should be. In the current economic climate, this is something that they cannot afford. Whilst your tax code may seem like a really odd selection of numbers and letters, if it is wrong and you have been allocated the wrong tax code you […]
Best Gadgets To Help You Save Money On Energy Bills
Shorter daylight hours and colder weather are on the way, and for many, this means seriously looking at the impact the rising energy cost will have on them this winter. Even though a unit price cap is in place, your behaviour last winter could be too costly to maintain this year. Dramatic increases in energy, […]
Reduce Average Energy Bills
7 tips to reduce average energy bills With the cost of energy soaring, more people than ever are trying to reduce their energy bills. Average energy bills for UK households are around £526.23 per year or £43.86 per month on electricity and £602 per year or £50.17 per month on gas. This is bound to […]
Money Management for your First Year at Uni
For most students, living away from home for the first time and getting used to a tight budget can be tricky. You need to ensure that you cover all the important things. Therefore, learning to budget and even save money is essential. It can really add up when you think about it, food, books, accommodation […]
Breaking Bad Money Habits
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 […]
Standing Orders, Direct Debits And Continuous Payment Authority – Know Your Payment Types And How To Cancel
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 […]
When should you begin to think about pensions?
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 […]
Is It Time To Ditch The Cash ISA?
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 […]
5 Budgeting Apps That Could Help You Save Money
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 […]
Electric car FAQ – Can they really save you money?
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 […]
Subscription Shopping: The Good and The Bad
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 […]
How to conduct a January personal finance audit
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 […]
Frugal Money Management Tips
These economical household money management tips I am about to share with you will help you keep more money in your wallet. When it involves family money management, these are straightforward approaches that my family uses. In fact, speaking from experience, if you begin to put these money saving tips to use, you’ll be pleasantly […]
Should You Go Through a Broker for your Mortgage?
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? […]
Buying a Home vs Renting a Home
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 […]