What Is the 50/30/20 Budget Rule?
The 50/30/20 rule divides your take-home pay into needs, wants, and savings. Here’s how it works, whether it’s realistic in the UK, and how to adapt it.
What Is Mortgage Overpayment and Is It Worth It?
Overpaying your mortgage reduces your debt faster and can save thousands in interest. But it’s not always the best use of spare cash. Here’s how to decide.
What Is Critical Illness Cover in the UK?
Critical illness cover pays a tax-free lump sum if you’re diagnosed with a serious illness. Here’s how it works, what it covers, and whether you need it.
What Is Capital Gains Tax in the UK and When Do You Pay It?
Capital gains tax is charged on the profit when you sell something that’s increased in value. Here’s how it works, what the rates are, and the legal ways to reduce it.
Stocks and Shares ISA vs Cash ISA: What’s the Difference?
Both ISA types shelter your money from tax, but they work very differently. Here’s how stocks and shares ISAs and cash ISAs compare, and how to choose between them.
What Is a Help to Buy ISA and Can I Still Open One?
The Help to Buy ISA closed to new applicants in 2019. Here’s how it works if you already have one, how the bonus is claimed, and how it compares to the Lifetime ISA.
What Is a Defined Benefit Pension in the UK?
A defined benefit pension pays a guaranteed income in retirement based on your salary and years of service. Here’s how it works, what it’s worth, and what to do if you have one.
What Are Premium Bonds and Are They Worth It?
Premium bonds offer tax-free prizes instead of interest. Here’s how they work, what the prize rate means in practice, and whether they beat a savings account.
How to Switch Bank Accounts in the UK
Switching bank accounts in the UK takes 7 working days and is fully protected. Here’s how the Current Account Switch Service works and what to look for in a new account.
What Is the Marriage Allowance and How to Claim It?
The Marriage Allowance can save couples up to £252 a year in tax. Here’s who qualifies, how it works, and how to claim it — including backdated claims.