Budgeting is a word which can strike fear into the hearts of many. This is because it means, to most anyway, a period of belt-tightening and of denying oneself the most fun things in life. This is what is known as restrictive budgeting. While it works well providing you have the discipline to stick to it […]
The real estate market offers a variety of investment opportunities, and one of the increasingly popular avenues is serviced accommodation. Combining elements of traditional property rentals and hospitality, serviced accommodations are fully furnished properties rented out on a short-term basis, often to business travellers or digital nomads. This hybrid investment model has gained traction due […]
Every year as Christmas rolls around, people find themselves struggling with the extra expense that the festive season brings. This often leads to a situation where they find themselves starting the New Year with debts that they could have done without. It can be a vicious cycle but there are some fantastic things that you […]
On 30th October 2024, the government announced their Autumn Budget. This was the first from the new Labour government and the first ever budget delivered by a woman. The big questions that everyone are asking are what does the budget mean for them? With this in mind, let’s take a look at what the 2024 […]
Good health is clearly important for everyone, but all too often it’s neglected as a priority in life. This is particularly true when you are dealing with other issues in your life. People who have been struggling with long-term injury, illness or issues in their personal life often find this has an impact on their finances, This, in […]
The receiving and subsequent management of an inheritance at any point present challenges. Learning to manage inheritance can be both financially and emotionally tough. For many, the news that they are to receive a financial windfall comes as a result of the death of a loved one. This can bring not only a new level […]
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 […]
Having a say in the type of care you receive in old age usually requires having the funds available to choose the most appropriate type of care for you. No one knows what the future will hold but one thing we can be sure is that if you have funds available you maximise your options. […]
With interest rates fluctuating – a situation unlikely to change any time in the near future – and the global financial picture far from settled, the idea of rolling debts over for years on end is fast coming to an end. Even those who traditionally relied on credit – and we’re thinking here particularly of […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Anyone applying for a mortgage, loan, mobile phone contract or any form of store credit will be aware of the importance of having a good credit score. Your credit score determines whether your application is successful or not. The higher your credit score is, the better chance you have of being able to access the […]
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, […]
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 […]
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 […]
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 […]