Understanding your credit score is key to financial empowerment. It’s a snapshot of your borrowing history and repayment behaviour, meticulously compiled by the UK’s leading credit reference agencies: TransUnion, Equifax, and Experian. This score is a dynamic figure, shaped by your credit dealings and financial habits. Credit scores in the UK typically range between 0 […]
personal finance
Surprising ways health insurance can benefit you
Insurance is often looked at in negative terms. In fairness, that’s understandable. Fundamentally, insurance will always be something you buy to protect you against the consequences of a negative event that you hope won’t happen. With that said, however, insurance can offer some positive benefits too. Here are some you might not have thought of. […]
Steps you should take to protect your family if lose your income
Protecting your family from loss of income should be a priority at any time. It’s especially relevant now. Even single adults should take the prospect of income loss seriously. At this time of life, your expenses may be minimal. They can, however, still mount up quickly, especially if you’re burning through savings. With that in […]
Why It Pays To Take Care Of Your Credit Score
You may have realised that your credit score can play an important role in your life. You may not, however, have realised just how important it is. That means you may not appreciate just how much it matters to take good care of it. Even if you do, you may not fully understand what you […]
What the budget means for personal finance
The budget was expected. The emergency meeting of the Monetary Policy Committee of the Bank of England, by definition, was not. Both had meaningful implications for personal finance. Interest rates were cut from 0.75% to 0.25% (and have since been cut again to 0.1%) The initial cut sent interest rates back to where they were […]