BasicsSavings&Banking

Here's Why You Need A Pension (Whether You're 20 Or 50)

Nowadays, more and more people are dreaming of retiring early (ever heard of the FIRE movement – Financial Independence, Retire Early?), meanwhile changes to demographics, government spending pressures and changes to how pensions are funded mean that without forward planning, many of us won’t be ‘living large’ later in life. Recent moves lower in interest rates and yields also mean…
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BasicsSavings&Banking

Different Types Of Bank Accounts (A UK Guide)

With a plethora of bank accounts on offer, it can get quite confusing when trying to decide which one to go for. Below, we highlight the main differences between the most common types of current and savings accounts out there. Types Of Current Accounts For everyday…
BasicsSavings&Banking

5 Ways To Lower Your Monthly Bills

UK households’ average bills add up to approximately £179 per month, including gas, electricity, water, and broadband. On top of that, most working households pay council tax, which can add another £100 or more to monthly bills. Naturally, bills will vary with…
BasicsSavings&Banking

8 Quick Tips To Manage Student Loan Debt

Student debt is no joke. If there is one major economic crisis facing young people nowadays, it is student debt. According to the UK Parliament, student loans in the UK total more than £121 billion with that number growing by the second. More than £16 billion is loaned to students each year. The value of outstanding loans at the end of March 2019 reached £121 billion.
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BasicsSavings&Banking

7 Ways to Pay Off Debt FAST

Before we get too far ahead of things, let’s take a step back to make one thing clear: the title of this guide is 8 Ways to Pay Off Debt FAST;it is not 8 EASY Ways to Pay Off Debt. This is a crucial distinction to understand before you move on to actually learn how to pay off debt FAST. Nothing about these tips and steps will be easy, but if you commit to taking them seriously and…
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BasicsSavings&Banking

Creating A Budget Plan In 5 Easy Steps

A budget is a powerful tool that will help you improve your finances by helping you to plan how you’ll spend your money each month. Creating a budget is an essential first step for anyone who wishes to gain a better understanding of where their money goes and how to…
BasicsSavings&Banking

What Is An ISA? (And Which Should You Pick?)

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 it is protected from…
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