I Money Manager

With a whole load of savings to be made this year when you come to buying a home, March 2021 should definitely be on your mind if you’re looking to get yourself onto the property ladder sooner rather than later. With the Chancellor announcing a Stamp Duty Holiday that could have you saving up to £15,000, buying your first home before March 2021 will certainly be easier this year than it has been in a long time. So taking advantage of some of the best house hunting locations before the deadline will certainly be a decision you won’t be regretting. Brighton and Hove If you haven’t ventured to this South East coast line on a staycation or wandered the pier with an ice cream and […]

During the last year, the number of tenants who are struggling to pay their rent has risen by a quarter, according to new figures compiled by industry insiders. The rental market is booming at the moment, so rents are higher than ever and more people are finding themselves getting into arrears with their landlords. The report claims that more than 100,000 people are in significant arrears with their rent. That means there are 100,000 tennants who are more than two months behind with their rent, which is around 24% higher than this time last year. Facing eviction because of debts The amount of renters who were facing severe, wider financial difficulties were up by 8% during the second quarter of the year. There are several […]

Unemployment, medical emergencies, unexpected car repairs, natural disasters, and a million other things could be the makings of a horror story in the life of an average working adult. However, do they really have to be? Often, because of their unexpected nature, these emergencies are more than most people’s budgets can handle. Building an emergency fund is one of the best ways to cover, or at least reduce, their damage on your financial situation. The sooner you start tucking away money for a rainy day, the more secure you’ll feel facing future troubles.  What is it not? The first thing to remember is that your emergency fund is not your savings. Yes, you do save money, but only specifically for emergencies. As a measure of success, your […]