Rising prices might feel like an intangible idea, but its consequences for your savings are significant. Simply put, your money buys less as inflation rises, meaning that the same £100 today may have less buying power tomorrow. While inflation is a natural part of the economy, ignoring it could harm your savings. The good news? There are strategie
Compound interest is often called one of the greatest financial phenomena, and for good reason. It’s the key to growing your savings, enabling your funds to multiply with time. Unlike non-compounding interest, which is calculated on the original sum, compound interest builds on itself by including prior gains, creating a snowball effect. The quic
The rise of fintech has revolutionised how we handle our finances, making personal finance more widely available, clear, and streamlined. Gone are the days of queuing at the bank, as apps like Revolut, Monzo, and Starling Bank let you track your spending, send money instantly, and even create financial targets – all at your fingertips. By using i
Organising your financial resources will make it much easier to reach your monetary goals in the future.There is no rejecting that many individuals go into adult life without a good understanding of how to manage their cash. It is so essential to do as much research as possible when you start making your own cash in order to guarantee that you are