Personal Finance News

4 May

RoosterMoney reveals how pocket money habits are changing during lockdown

RoosterMoney, the pocket money app, reveals that kids are spending more online since the lockdown began, with the major shift being towards games such as Roblox and Fortnite. RoosterMoney’s ‘Pocket Money Index’ for the lockdown period also shows: average weekly pocket money for 4-14 year olds is £4.60 an impressive 40% of pocket money is […]

26 Apr

DIY: The Home Renovations That Don’t Need Planning Permission

Trying to figure out which projects you can do without planning permission can be a bit of a minefield, but don’t panic. As a rule of thumb, most structural changes are subject to building regulations, but some ‘bigger’ renovation projects can be done without planning permission if you adhere to the set size regulations. Whether […]

20 Apr

How to save money on your TV bill during lockdown

Today marks the start of a further three-week lockdown across the UK. This will be a challenging time for many households, with families contending with financial concerns, loneliness due to isolation and periods of extreme boredom due to the restrictions. Whether you’re ensuring better budgeting for the day-to-day, or strengthening your long-term finances once the […]

14 Apr

1.2 Million Mortgage Customers Given Payment Holiday

Lenders have provided over 1.2 million mortgage payment holidays to households whose finances have been impacted by Covid-19, UK Finance has revealed today. On 17 March, just under a month ago, mortgage lenders announced they would support customers facing financial difficulties due to the Covid-19 crisis. Three weeks later, by Wednesday 8 April, over 1.2 […]

29 Mar

4 out of 5 consumers causing credit score harm due to credit card confusion

The results of TotallyMoney’s Financial Awareness Survey 2020 reveals that myths surrounding interest payments, credit limits and how often you need to use your card are clouding the judgement of UK consumers. One shocking statistic shows that over half of UK adults (54%) didn’t know that paying off an outstanding balance in full each month may be […]

24 Mar

Working from home or self-isolating? Here’s how you can keep your energy bills in check

With as much as 60% of the UK workforce now potentially working from home in a response to the global pandemic, data experts at home energy saving assistant Loop has shared simple steps to help reduce energy usage and make sure your home is as efficient as possible to avoid unwelcome bill increases. Beware the Phantom Load […]

16 Mar

Half of over-65 homeowners have never checked their State Benefits entitlement

New research from advisory firm HUB Financial Solutions reveals that half of homeowners over the age of 65 have never checked whether they are entitled to State Benefits in addition to their State Pension. The survey of more than 1,000 people found that 48% of homeowners had never checked if they could be entitled to […]

9 Mar

Only 54% of travellers have travel insurance in place when they book their holiday

The latest research from Caxton, the international payments and foreign exchange firm, reveals that only just over half (54%) of UK holidaymakers have travel insurance in place at the time of booking their trip. Caxton found that 32% per cent of those surveyed admitted they didn’t purchase travel cover until between 2 months and one week […]

2 Mar

Young drivers spend on average £6,071 getting on the road

A new report out today from GoCompare Car Insurance has revealed that the cost of getting a young driver on the road has fallen to £6,071.00. The combined cost of a new young motorist learning to drive, buying, taxing and then insuring their first car has fallen by £775.00 in the last year from £6,846.00 to £6,071.00. […]