PensionsReviews

PensionBee Review (Best UK-Based Pension Manager?)

What Is PensionBee? PensionBee is a UK-based company focused on making it easier to save for your pension. The app allows you to consolidate any old work pensions into a single pension fund that you can manage from one tidy looking platform. PensionBee launched in 2014, founded by CEO Romi Savova and CTO Jonathan Lister-Parsons. Savova and Lister-Parsons were inspired to create the service…
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Reviews

Moneybox Review (Pros, Cons & Is It Right For You?)

What Is Moneybox? Moneybox is a “micro-investment” app that rounds up everyday purchases so that young people have some money to invest. Moneybox rounds up any payment you make with a linked payment method and puts that extra change to work by investing it in…
Personal Finance

How Much Savings Can You Have To Qualify For ESA?

In a rush? Here’s the TL;DR… ESA income-based payout amounts are not affected if you or your partner have less than £6,000 in savings. If you have more than £16,000 in savings, you are not entitled to ESA benefits. If you have between £6,000-£16,000 in savings you receive a monthly income that is reduced by £4.35 for each £250 saved up. Savings do not affect “new style”…
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BasicsSavings&Banking

How to Choose The Best Business Bank Account (UK)

Having a business bank account is good for basically any commercial purposes, even freelancers and one-man firms. While you are not required by law to have a business account if you operate a company in the UK, business bank accounts are usually a good idea. They can…
InvestingStrategies

What Is SIPP? (An Ultimate Guide To SIPP UK)

TL;DR: A Self-invested personal pension (SIPP) is a tax-advantaged retirement account in the UK. SIPPs give individuals the freedom to invest in a wide range of securities and not just those approved by the company. You must be 55+ years old to withdraw from your SIPP. One of the major goals most people have in their working career is to save enough money for retirement. After working for…
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BasicsSavings&Banking

How to Calculate Your Net Worth (+UK Calculator)

TL;DR: Your net worth is the difference between your total assets and total liabilities. Calculate how much you own and subtract how much you owe and the resulting figure is your net worth. Did you know that Bill Gates has a net worth of £83 billion? Now, to be…
Personal FinanceProperty

How Has Airbnb Affected the UK’s Housing Market?

What Is AirBnB? Unless you have been living under a rock you have probably heard of Airbnb. Founded in 2007, Airbnb has exploded into a multi-billion dollar business and operates in over 190 countries across the world. After all, the idea of being able to rent a cozy home-like abode for less than the price of a soulless hotel room is a nice one and explains why Airbnb has become especially…
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