Bank Rate increased to 4% – February 2023

February 3, 2023

Monetary Policy Summary, February 2023 The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 1 February 2023,...[Read More]

Financial resolutions to make this New Year

January 26, 2023

The new year is a perfect time to reflect on your achievements from the ending year and to plan for the new year. While you can also make resolutions for other aspects of life, financial success should be at the top of your list. Check if you...[Read More]

Top tips to improve your family finances

December 21, 2022

If there’s anything people learned from the recessions and global crises of recent past, it’s that no one is immune to economic upheavals. Even middle to upper-class families are at the mercy of their finances when misfortune strikes. This can...[Read More]

The fundamentals of financial responsibility

December 7, 2022

Financial responsibility refers to the practice of handling money and other assets in a way that is in your (as the owner of the assets) or your family’s best interest. Being financially responsible entails a certain level of proficiency in...[Read More]

Financial management when we lose a loved one

November 23, 2022

Losing a loved one is probably one of the most stressful events one will ever go through in life. It will leave you feeling distraught and devastated, so sorting out their finances is the last thing you’d be concerned about. It could be...[Read More]

Fundamentals of financial responsibility

November 23, 2022

Financial responsibility refers to the practice of handling money and other assets in a way that is in your (as the owner of the assets) or your family’s best interest. Being financially responsible entails a certain level of proficiency in...[Read More]

Teaching Kids About Money to Cultivate Good Financial Habits

November 9, 2022

It’s every parent’s dream to secure their children’s future. Of course, not everyone has the wealth required to do this, and the next best thing you could do as a parent is to teach them how to budget and invest. Through financial education,...[Read More]

The 5 Most Common Financial Mistakes

November 9, 2022

It’s easy to make mistakes with money, especially if you’re unaware of how dire the consequences of your actions could be. Here, we’ll look at some of the most common financial mistakes people commit that frequently result in severe financial...[Read More]

How to save money around the home during times of rising interest rates in the UK

October 12, 2022

With interest rates rising almost everywhere, including the United Kingdom, people have begun tightening their purse strings as best they can. However, decreasing spending to ensure your expenses match your reduced budget could mean barely any...[Read More]

Future-proof your family finances: 3 essential tips

September 8, 2022

If there’s anything people learned from the recessions and global crises of recent past, it’s that no one is immune to economic upheavals. Even middle to upper-class families are at the mercy of their finances when misfortune strikes. This can...[Read More]

Negative cash flow and how to manage it

August 11, 2022

Company owners usually struggle with the need to strike a balance between their income and costs, particularly in the early stages of their business. In fact, even the most profitable companies experience concerns over cash flow at the start. You...[Read More]

Positive and negative cash flow – the basics

July 28, 2022

Company owners usually struggle with the need to strike a balance between their income and costs, particularly in the early stages of their business. In fact, even the most profitable companies experience concerns over cash flow at the start. You...[Read More]

Saving for a rainy day even when you have a tight budget

June 22, 2022

When you have a tight budget, it may seem impossible to save money. And with rising inflation, it’s not difficult to understand why. The Bank of England has warned the price of inflation might reach 10%. However, conserving money while you’re...[Read More]

Is financial distress just life (events)? The factors that predict people suffering difficulties repaying their debt.

June 1, 2022

Our research finds Use of debt, and especially consumer credit debt, is frequently described in negative terms. But from an economic perspective, such debt plays a crucial role in allowing people to manage temporary cash-flow shortfalls and spread...[Read More]

Student loan double-whammy leaves wealthiest graduates better off

March 2, 2022

-The government will cut the student loan repayment threshold from £27,200 to £25,000 from the 2024/25 academic year. -It will also increase the period the loans have to be paid before being written off – from 30 years to 40 years. -Instead of...[Read More]