personal finance

How does your financial knowledge compare to the average UK adult?

Do you understand the meaning of financial terms such as “inflation”? If so you’re in the minority, according to research by the Organisation for Economic Cooperation and Development (OECD). The study revealed that only 38% of UK adults knew what the word “inflation” meant. The same study also discovered that just 69% put careful consideration into making major purchases. This overall lack of financial literacy … Continue reading How does your financial knowledge compare to the average UK adult?

car insurance

3 ways to cut the cost of your car insurance

Are you paying through the nose for your car insurance? Perhaps you’re trying to insure a new car and just want to find the best deal? Either way, insuring your car can be expensive – read on to find out three ways you can cut the cost. Set a higher excess Increasing your voluntary excess can vastly reduce your monthly car insurance premiums, but bear … Continue reading 3 ways to cut the cost of your car insurance