The Chancellor Rachel Reeves delivered Labour’s first Budget in over 14 years on October 30th, 2024. Before the announcement, we had a look at what was predicted to be discussed. Were the predictions correct? In this article, we’ll summarise the key points the Chancellor delivered, comparing them against the predictions and discussing everything from the…
When you’re in a Debt Management Plan (DMP), the last thing you want is to be targeted by scam companies promising quick fixes. Unfortunately, scammers know that people in financial difficulty may be more vulnerable and some will try to exploit this by offering “hardship payments” or enticing loans to encourage you to switch debt…
Black Friday and Cyber Monday have become major events in the shopping calendar, tempting millions to splash out on everything from the latest tech gadgets to fashion items and homeware. However, while these days are marketed as the perfect opportunity to save big, they can easily lead to overspending, buyer’s remorse and unnecessary debt. With…
Debt is a reality for most people, whether it’s a mortgage, a student loan, or credit card balances. But not all debt is created equal. Some forms of debt can be considered “good” because they help improve your financial situation over time, while others are “bad” due to their high interest rates and lack of…
Struggling with debt can feel very overwhelming, especially when it spirals into a full-blown debt crisis. For many living with debt, sleepless nights, a constant feeling of stress, and even an ongoing sense of helplessness and dread are common. However, it’s essential to remember that, no matter how bad your financial situation might seem, there…
Saving for retirement can often seem complicated. With so many factors to consider including your age, income, lifestyle and even your debts, it’s easy to feel overwhelmed. However, planning for your future is critical and knowing how much to pay into your pension is a crucial part of that planning. This guide will break down…
Debt can be a challenging topic to bring up with your partner, especially if it has been hidden or left undiscussed for some time. However, financial transparency is essential for building trust and fostering a healthy relationship. Talking about debt openly allows couples to work together towards solutions and prevent financial issues from becoming larger…
When a loved one passes away, it can be a stressful time. The emotion that comes with death, combined with the essential administration that needs to be completed can make a really difficult time of your life even more challenging. However, at least part of this load can be alleviated if the individual who has…
When you’re applying for credit – whether that’s a loan, mortgage or something else – the lender will typically look at your credit score before deciding whether to accept your application. Essentially, a credit score is a three digit number that indicates your trustworthiness as a borrower. The higher this number is, the lower the…
Stress affects millions of people, and when it’s tied to financial issues like debt, it can feel even more overwhelming. That’s why initiatives like Stress Awareness Day, held on Wednesday 6th November this year, are essential for highlighting the impact of stress on our lives and encouraging steps to manage and reduce it. At MoneyPlus,…
Money can be a difficult topic to discuss, especially when it comes to debt. Many people feel a deep sense of shame, guilt, or embarrassment about their financial struggles, and as a result, they often avoid talking about them altogether. However, avoiding conversations about money, especially debt, can lead to bigger problems down the line.…
Halloween is an exciting time filled with with opportunities to get creative, dress up, and enjoy some spooky fun. But like many celebrations, it can quickly become expensive if you’re not careful. Costumes, decorations, parties and treats can all add up, making it easy to overspend. However, with a little planning and creativity, you can…