Category: Personal Finance
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Did the Bank of England get it wrong?
We have recently witnessed inflationary pressures that have not been seen in the UK for over 30 years and of course the Bank of England were forced to respond but did they do the right thing? The war in Ukraine caused an economic shock which was felt worldwide through higher energy, food and commodity prices…
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What does the 2024 Budget mean for you?
One of the biggest fiscal events of the year: Jeremy Hunt announced his budget for the country for the next year and beyond. This is a particularly important budget for the Conservative Party as we are in an election year and as such the policies announced today are going to be a crucial part of…
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The UK has entered a recession, so what?
Hold the front page! The United Kingdom has entered a recession – our economic turmoil continues! Is it time to sack the government and stuff all our worldly possessions under our mattresses?! …and back to reality. The UK has entered a recession which is obviously not great news but does it really matter? In simple…
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Why 99% mortgages aren’t the answer to our housing woes
Rishi Sunak and Jeremy Hunt have been considering plans to introduce ‘99% mortgages’ for first-time buyers which only require a 1% deposit from buyers. Rishi is considering this move to try and reinvigorate the housing market and increase the numbers of first-time buyers especially in the face of higher interest rates which are making it…
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A Beginner’s Guide to Savings
A key part of financial management is to keep regular savings either for a rainy day, to save up for something important or just to set some money aside for you to enjoy yourself. Although savings is always a good thing, there are different ways to save that can bring more benefits to your personal…
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Finance Quiz of the Year
The end of 2023 is fast approaching so amongst the festivities it is also a time to reflect on the year and here’s a perfect way to do so. I’ve compiled a 2023 business and personal finance quiz of the year to see how much you remember…best of luck! 2023 has been a brilliant but…
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Consumer Rights Mythbusting
Consumer rights are one of the most important parts of your personal finance arsenal in that they protect you when things go wrong with any purchases. However, for some reason, there are a crazy number of widespread myths about consumer rights that are either just plain wrong or used to be true (but aren’t anymore).…
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What does the Autumn Statement mean for your personal finances?
Earlier today, Chancellor of the Exchequer Jeremy Hunt delivered his Autumn Statement to the Commons and among the political spiel and economic updates there were some key points that have a real impact on our personal finances. An awful lot was covered in Hunt’s speech (I made 6 pages of notes) and I haven’t included…
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Mortgages for Beginners
A mortgage is likely to be the financial product which has the biggest impact on your life and choosing which one is right for you will probably be your biggest ever money decision. However, fear not as mortgages aren’t that complicated and two of the three types available probably won’t even be options for you…
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Is Temu any good?
Temu has been taking the online shopping world by storm with its trendy products at bargain prices – but is it legitimate? Despite only arriving in the market in the last year (and even more recently in the UK), Temu has already overtaking fast fashion giant SHEIN in sales volume. Temu’s products are suspiciously cheap…
Money and More 