No matter what stage of life you are in at the moment, saving money is always beneficial, even if you are saving small amounts at a time. There are so many ways to start saving money that can help you begin including, budgeting apps, learning the 50-30-20 rule and more. You will be able to […]
Cases of bank fraud have been rising so it is important to be aware of how to spot fraud before you become a victim. Fraudsters are becoming well adept knowing how to target and scam people to gain access to accounts or to steal money from you. Don't be embarrassed and make sure you act […]
Your summer of fun is coming and there’s no reason travel can’t be a apart of that this year. There are plenty of places to see without having to blow the budget so you can take the family away, go with friends or go on a solo trip for some sun. To get here, fly […]
It’s time to fill in your self assessment tax forms again after the last financial year ended on April 5. To ensure that the HMRC are up to date with your finances, you can send over your self assessment form online or request a paper form. If you use the online service you will need […]
The amount of fraud cases has been rising and with digital banking becoming the new norm there are many ways someone can get access to your account. It is important to stay aware of scams so you can protect your accounts. The Guardian reported that fraud cases in the UK more than doubled in 2023 […]
If you are trying to save money and need some extra tips then the 50-30-20 rule could be super helpful to create a budget. With this rule you will be splitting your income up and assigning each pot of money to a selected category. This rule will work best if you have a separate savings […]
The PSR conduct research to discover which banks were subject to the most fraud as well as the rate at which reimbursement was provided to customers. UK Finance has found that APP fraud in the first half of 2023 came to a total of £239.3m and there was £152.8m returned to the victims. APP fraud […]
The government has announced that they will be increasing the cost of council tax due to the rate of inflation in the UK. How they calculate your council tax The cost of Council tax is determined from the valuation of the property from 1991 in England and Scotland and 2003 in Wales. If your property […]
We have all seen food prices rise sharply over the past two years, but there is evidence to suggest that we have seen the worst of the escalating food costs. Many factors have caused food prices to spiral upwards since 2022, including issues over the global supply chain since the Covid-19 pandemic, and the Russian […]
Using a finance app can often be a helpful way to keep on track of your money wherever you are and in a specific way for your needs. Tracking your money shows you how much your are spending and can support you in making a change. There are many options for free budget apps as […]
Why does Council Tax rise? Rises are driven by the scale of the financial pressures that authorities are under. The Council’s Network reports there will be a collective funding gap of £1.1bn over the next 2 years even after the rises in council tax. Financial strain on the authorities Four councils have been forced to […]
According to Zoopla, the average UK rental price is currently £1,223 which is a +7.8% increase over the last year. Are rental prices rising higher than the growth of wages? The Guardian have reported that there is an expected further 13% increase in rental prices by 2027. The Office for Budget Responsibility have found […]
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.
Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every week.
We use cookies to ensure that we give you the best experience on our website. By continuing to use this site you consent to the use of cookies. Privacy PolicyOkI do not consent