Struggling to keep up with multiple unsecured debts? If so, you’re not alone. In a recent ONS survey conducted in May 2024, 54% of respondents believed their living cost had increased compared to just one month ago. The same survey found that a third of individuals in the UK don’t think they’ll be able to…
Parents in England can now apply for 15 hours of free childcare per week for children as young as nine months, starting in September 2024. This initiative aims to support working parents by reducing childcare costs and enabling more parents to return to work or increase their working hours. Available free childcare The free childcare…
Single Train Tickets vs Returns When you see an offer being plugged for cheap travel, it usually goes along the lines of ‘Cheap Away Day Returns.’ Rarely, if ever, do the ads promote ‘Cheap Away Day Singles’, presumably working on the assumption that, wherever you’re going, you want to get back home at some point.…
Teaching children about money from a young age is extremely important, setting them up for financial success in the future. After all, children are like sponges and absorb information quickly, so if we help them learn and develop healthy money habits as early as possible, this will hopefully stay with them throughout the rest of…
Whether you’re looking to save for the future, get out of debt, or simply make better financial decisions, improving your financial literacy is the key to achieving your goals. This guide will help you understand why financial literacy matters and provide practical tips to enhance your financial knowledge and skills. Why does financial literacy matter?…
Financial literacy is crucial for making informed financial decisions that can significantly improve your financial well-being. By understanding the core principles of financial literacy, you can take control of your financial future, avoid common pitfalls, and work towards achieving your financial goals. In this article, we’ll explore the five main principles that form the foundation…
In recent years, an increasing amount of people in the UK have turned to gig work to make money on the side and manage their finances. For many, gig work offers a flexible way to earn extra cash, which can be especially useful for paying off debt. In this article, we’ll explore what gig work…
Many people today find it challenging to manage their bills and pay off their debts. Starting a side hustle can be an effective way to alleviate debt anxiety, earn extra income, and tackle financial challenges. By generating additional earnings, a side hustle may help you pay off your debt more quickly. In this guide, we’ll…
Debt is a part of life for many people, but the impact it can have on your job is often overlooked. Knowing how debt can influence your employment is important. This guide looks at how debt can affect your career, including how it could stop you from getting a job, affect your current position, and…
Changing attitudes toward debt In the past, debt was something to be avoided. People would save up for what they needed and only take on debt as a last resort. Mortgages were the exception, but even those were approached with caution. Nowadays, debt has become much more acceptable. Credit cards, personal loans, and other forms…
It was a while in the making, but since 2021, Breathing Space – also known as the Debt Respite Scheme – has been available in the UK. This Government-backed scheme is designed to help those struggling with debt by offering legal protection from creditor action, including enforcement action, additional interest, charges, and general contact, for…
Planning fun, budget-friendly activities for the kids during school holidays can be challenging, but with a little creativity and resourcefulness, you can create memorable experiences without breaking the bank. From free museums and city farms to discounted theme parks and unique trails, there’s tonnes of affordable adventures waiting to be explored. In this guide, we’ve…