Tag: budget
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What the mini budget u-turn means for your personal finances
Since I first published this post – just three weeks ago – the government has u-turned on pretty much every proposal detailed below in the mini budget. The new UK government has unveiled its economic plans to help the country recover financially. The mini budget u-turn will likely impact most of us. But, what does…
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2021 Budget – Will you be better or worse off?
We haven’t been short of financial announcements from the UK government this year, but the 2021 Budget is the most important. In this post I will run through some of the most important announcements for you. With rising inflation, increasing energy costs and an uncertain economic future means people are increasingly worried about their financial…
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How to cope with rising inflation
You may well have heard about inflation. Many economists and financial experts have been discussing the potential for increasing inflation rates in the wake of recovery from the pandemic. Here’a a short guide how to cope with inflation. High levels of inflation is something very few of us have dealt with in our adult lives.…
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How to make the most of a fresh start
Getting a fresh start from your finances might seem impossible. Your debt won’t magically disappear, your investments won’t suddenly change, and your income doesn’t just double overnight – unless you get an amazing promotion of course! But, sometimes it’s good to create your own fresh start. The new financial year is the perfect opportunity to…
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Young People Deserve More Than Government Backed Loans
The Budget is coming up on Wednesday, where Chancellor Rishi Sunak will detail his spending plans for the next year. Ahead of this major announcement, proposals have been leaked, including a plan to offer government backed mortgages with 5% deposits. Young people deserve more than this, and here’s why…
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September spending diary – Puppies and forgotten phone contracts
Money is such a taboo topic for most people, but it shouldn’t be. In order to practice what I preach and be more transparent myself, I have kept a spending diary for the past week. Here I have detailed every purchase I have made, along with some explanations and (hopefully) useful commentary. This is my…
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Summer Statement: What does it mean for you?
It’s no secret that coronavirus has been damaging to the economy and many have suffered and will continue to suffer as a result. Pressure has been mounting on the government to increase their economic response. They delivered in a Summer Statement or mini budget on 8th July. As we move into phase two of the…