Since the global outbreak of COVID-19 began in early 2020, many Brits have experienced extra financial pressure. To help understand how Brits are coping, Blacktower Financial Management has taken a closer look to uncover which cities are most concerned about the monetary implications of the pandemic, as well as those saving more now than ever before.
More than half of millennials plan to spend some or all of their savings to give British businesses and the struggling economy a boost, according to new research from NerdWallet .
The personal finance platform commissioned an independent survey of over 550 millennial savers (aged 18-34). It found that the average millennial has £8,675 in savings.
According to new research from leading digital marketing agency, AccuraCast , both men and women are still missing out on pension knowledge and pension savings. The survey asked 1,000 respondents how they felt about their pension pot and the results found that many people were still not paying into a pension and more worryingly did not understand their pension.
If you are a first-time homebuyer feeling daunted at the complexities of a mortgage negotiation, don’t worry. That type of anxiety is perfectly normal, and as long as you’re willing to do a bit of homework, the process will go by smoothly.
In the spirit of helping you with the basics, here 5 tips that can help guide you as you figure out your first mortgage.
A quarter of people aged 70 or above have suffered financial abuse, according to a new survey which details the shocking scale of the problem.
The report - by new financial service GuardianCard , whose co-founder’s mother-in-law was frauded - also reveals that more than half (56%) fear they’re more of a target for thefts, scams and frauds due to pandemic.
Personal finance experts, https://oceanfinance.co.uk/ have surveyed 1,000 Brits about their money memory, in order to uncover how financially forgetful Brits have become due to their reliance on fintech i.e. contactless payments, auto-fill passwords.
Unfortunately, their findings are quite worrying when it comes to Brits’ money memory
It's incredibly frustrating when someone owes you money, and you have to struggle to get paid back. There are many reasons you might be owed some cash, and your response to each situation will largely depend on who owes you, how much, and how far you're going to have to take it. The good news is that being owed money doesn't have to mean that your cash has gone forever. With a little research...
It is commonly believed that only low-income people face a lack of money. In fact, even rich people who have money not just for PlayAmo Casino but also for real casinos can suffer from a lack of money. And if some people can live within their means easily, others may need help, namely a pre-planned budget.
However, it is not enough to schedule your income and expenses - there are...
While most insurers will want to know about your medical history prior to offering you cover, there are ways to secure life cover without giving any details about your medical history.
During these unprecedented times, no medical life insurance can seem even more appealing, as insurers have added new Covid related questions to their application process and many fear being declined...
Millions of families across the country currently face an increase of up to 4.99% in their bills, as what has been described as a ‘tax bombshell’ is set to hit the UK.
The best thing consumers can do to prepare is work on cutting down regular bills, helping to save ahead of the potential increase, according to money.co.uk.
Salman Haqqi, personal finance expert at money.co.uk...
