If you’re trying to become debt-free or simply trying to be smarter with the ways you spend, cutting out non-essential purchases makes perfect sense. However, there are certain costs that you simply cannot avoid: utility bills and the weekly food shop, for example. Even when you’re trying your level best to pay off outstanding debts, […]
Open banking is the term used to describe a series of reforms which made it safe and secure for customers to share bank details with regulated third parties. This has revolutionised the financial sector, opening up the field for third party apps and online banks to offer a huge range of money management services to […]
Before lockdown, card payments were already becoming the norm in high-street retailers and local shops alike. But the sudden closure of physical retailers and the need for stringent hygiene measures due to the pandemic has hastened the decline of cash payments. Not only are more consumers paying for things online than ever before, but card […]
Pretty much everybody has had their lives majorly disrupted by the global Covid-19 pandemic, however this unprecedented worldwide event has affected parents much more than most others. Around the world, schools have been closed for several months now, and the usually action packed summertime has been replaced by a tentative crawl out of lockdown. It […]
Keeping track of your personal finances can seem like an overwhelming or even tedious task, however, careful budgeting is an important aspect of maintaining a healthy bank balance. If you have financial goals in mind, such as paying off a credit card, saving for a new car, or saving for a house deposit, keeping your […]
Losing your job can be a traumatic event for a range of financial and personal reasons, but unfortunately, it’s becoming an ever more common event in light of the economic shocks surrounding the Coronavirus pandemic. While there’s often nothing you can do if your company just isn’t in a position to keep you employed, that […]
Moving house can be a stressful and expensive process – there are always costs to consider when you decide to find yourself a new home. There will even be many hidden costs you might not have considered. It’s important to be aware of them, and to plan ahead, to ensure you have the funds necessary […]
Since the Chancellor, Rishi Sunak, announced a reduction in Stamp Duty Land Tax (SDLT), the topic has dominated headlines for the past few weeks, seeing financial and property experts weighing in on the announcement. But what does it mean for the economy, the housing market, and for you? We’ve broken down some of the key […]
Payday loan companies have long been criticised for offering extortionately high interest rates to their customers – often people that are struggling to get by from month to month. Since the increasing backlash and complaints against these companies began a few years ago, a number of them have fallen casualty and collapsed into administration – […]
Organising your finances gives you peace of mind, no matter how much or how little cash you have. Creating a monthly budget is one of the simplest ways to take control of your finances and get the most out of your income. It’s a valuable exercise in understanding how money works and – importantly – […]
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.