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Banking & Savings

Welcome to Banking and Savings - for insightful guidance on maximizing your financial potential. This dedicated space offers in-depth knowledge on various banking products, savings strategies, and the latest in financial technology innovations.

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Whether you're seeking the best savings accounts, exploring high-interest options, or looking for secure and efficient banking solutions, our resources aim to equip you with the tools and knowledge for effective money management and achieving your saving goals.
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Thresholds for child benefit increase so what does this mean for you? 

22nd March 2024
The amount that you can earn before child benefit payments are withdrawn has been increased in the Spring Budget, meaning that more families will be able to claim the benefit.  As of April 6, the High Income Child Benefit Charge (HICBC) threshold will increase up to £60,000.  It’s a tapered charge, so for every £200 […]
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Economizing Weekly Meal Plans with Subscription Services

21st March 2024
If you are struggling to manage your grocery bills while juggling a busy schedule, you are certainly not alone. Fortunately, that’s where subscription meal prep services offer a smart solution.  By delivering ingredients directly to your door, they save time and often money, compared to traditional shopping. This post dives into how these services can […]
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The facts behind the national insurance cuts and how much better off you really will be 

21st March 2024
From April 6 many employees will benefit from the 2% reduction in class 1 national insurance contributions that was announced by the chancellor in the Spring Budget, so just how much better off is this going to leave you?  The measure introduced by the government cuts this rate of national insurance down to 8% from […]
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Worried about mounting debts? Where to go for debt advice that is free of charge 

20th March 2024
Many people across the UK are living on a financial cliff edge with increasing debt problems as the cost of living pressures have taken their toll, so where can you go to receive free debt advice to try and ease any increasing money worries?  More than eight million people now need debt advice and over […]
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The best Junior bank accounts

18th March 2024
If you have decided that your child is ready for their first bank account and ready to learn about financial responsibility then below are some great options for junior bank accounts.
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Managing Financial Recovery After A Personal Injury Accident

15th March 2024
A sudden personal injury accident doesn't just wreak havoc on your physical well-being; it casts a long shadow over your finances. In the wake of such an event, managing skyrocketing medical bills, legal fees, and the pinch of lost income demands a tactical approach. It's about crafting resilience through informed decisions—a financial bounce-back by design. […]
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Should my child have a bank account?

15th March 2024
Most junior bank accounts are accessible for children between 11-17 and will need a parent or guardian to be a joint account holder. Your child won’t be able to open a bank account on their own until they are at least 18. We are living in a cashless world and so if you give them […]
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7 Tips to save money as a Student

15th March 2024
Whether you are going to University this year or you are already there, the financial side of things can be difficult to manage. Find some helpful tips you can use if you are trying to save or just make your money go further as a student.
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4 Things You Must Learn to Improve Your Finances

15th March 2024
Some people are just better with money. Now, when you say that someone is good with money, what most people imagine is some sort of a financial wizard. In reality, it just means that this person knows a thing or two about financial instruments that the majority of people are using daily. To show you […]
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How to stop impulse buying

14th March 2024
One of the hardest things to do is stop yourself from spending money. We've all been there and it's incredibly hard to be frugal and save money when we live in a world encouraging you to buy everything and buy it now. What is impulse buying? Impulse buying is the concept of purchasing something you […]
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6 Strategies for a Cost-Effective Safe Harbour Plan

12th March 2024
Pexels In the current unpredictable economic climate, businesses are on a constant quest to deliver competitive benefits to their employees, balancing the scales of generosity with financial wisdom. Amid this balance, a pivotal role is played by the meticulous crafting and execution of a safe harbor 401(k) plan.  This particular type of retirement plan emerges […]
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How to budget on a small income

11th March 2024
Budgeting can be difficult to set up and stick to especially if your monthly income is small. If you are trying to save, have noticed the rising prices or just need to cut down to decrease your monthly outgoings then these tips could help you to budget.
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About Finance Monthly

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Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.
© 2024 Finance Monthly - All Rights Reserved.
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