Creating a budget can be a bit challenging but budgeting monthly expenses and creating a savings plan will help you be prepared for financial hurdles along the way. Lucky for you, there are many great UK budgeting tools out there.
The key is to compare your monthly income to your monthly expenses and then sort through those to create a detailed plan for both spending and saving.
Let’s…
Average Water Bill UK (Latest Stats, Figures & Tips)
July 16, 2024
Average Water Bill in the UK in 2024: Latest Stats, Figures & Tips
Managing household expenses includes understanding the average water bill in the UK for 2024. With various factors influencing water costs, from usage habits to regional variations, being informed can…
Even though they come around at the same time every month, it’s far too easy to slip up on bills. Thankfully, there are plenty of options on how to be reminded. You can use the age-old solution, a pen and a calendar. However, there are more modern options available…
What Is An ISA? (And Which Should You Pick?) in 2024
July 16, 2024
In this article, we address:
What types of ISA are there?
How many ISAs can you have?
How do you open an ISA?
Can you transfer an ISA?
Is your ISA flexible?
Should I put my money in a high-interest savings account or an ISA?
What Is An ISA?
‘ISA’ stands for Individual Savings Account. It’s a type of account where any interest or gains earned on the money placed in…
How To Retire Early In The UK: 9 Essential Tips
July 16, 2024
When Do You Want To Retire?
In the modern industrialised world, retirement is normally seen as the ideal end goal a working person should strive for.
After 40+ years of working, people want to spend their twilight years enjoying the fruits of their labour.
In the…
Joint Bank Accounts: Everything You Need To Know
July 16, 2024
The world of banking can be a maze of confusing jargon, and understanding the various types of accounts and their respective purposes, fees, and benefits can be more than a little difficult.
With hundreds of different banks in the UK, each with different bank account…
What Is Open Banking, Does It Matter and is it Safe?
July 16, 2024
What is Open Banking?
Open banking, in a nutshell, is a series of laws and regulations that requires the UK’s 9 biggest banks to publicly release all of their financial and transactional data in a standardized format. The Competition Markets Authority(CMA) has driven these changes to fit alongside the same new European regulation called the ‘Payment services Directive 2 (PSD2)’.
The…
7 Best UK Budget Planner Apps (iOS & Android)
July 16, 2024
Budgeting can be tricky. While internet banking makes it quick and convenient to access your finances, it can be challenging to track your expenditure and set a budget for your monthly outgoings.
Essentially the task of budgeting is easy – calculate your bills…
The Best Budgeting Apps in The UK (March 2024)
March 15, 2024
Best Budgeting App UK
What is budgeting?
Budgeting can seem daunting and tedious at first, but when you get down to it, it’s truly a simple process. By anticipating your fixed expenses and setting limits on your more variable spending, you can create a budget and…
Tracking Your Spending (6 Practical Hacks To Get Started)
February 3, 2024
A big part of sticking to a budget is knowing how much you spend. Often, we don’t review our budgets until our spending gets out of hand. You’ll find yourself wondering, “How did I spendthatmuch?”
Well, it’s most likely because you weren’t paying attention to what you were spending! We all do it from time to time.The key is to getting…