Help To Save is a new savings initiative launched by the Government to help those on low incomes. Savers are rewarded with 50p for every £1 saved with this initiative. How does it work? Help To Save is a savings account that provides tax-free bonuses at the end of the second and fourth years from the […]
debt
1 in 3 Millennials Borrow Money To Avoid FOMO
A new study of millennials, by Ferratum UK, reveals key information about how they spend and borrow money at Christmas and for events, and how comfortable they are speaking about finances. Key findings 1 in 4 millennials would cancel Christmas this year to clear all their debt. 37% would borrow money to avoid missing an event […]
The Envelope System
The envelope system isn’t a new way to budget. It is considered one of the best ways of managing your finances. However, this technique isn’t always used well to handle money but when done properly, it can act as an efficient way. What is the envelope system? The envelope system is a way of categorising […]
‘How I Wrecked My Credit Score’
It has been a few years since I was obsessing over boosting my credit score after I managed to completely wreck my then pretty good credit rating by taking out an overdraft that I couldn’t pay back and then incurring additional daily bank fees up to £5 a day. On top of that, I had […]
Money & Mental Health
Misha M, 24-year-old Therapist, talks debt, spending habits, and why we need to start talking about money Money can cause us to have an array of emotions and it’s important to address these emotions as they arise. Bola Sol, the founder of Refined Currency, took the opportunity to ask an experienced therapist, Misha M about […]
5 Lessons Learnt From Being In Debt
Have you ever being in debt? Here are few things that are worth sharing to stop you from making the same mistakes. 1. Things Change It’s not possible to pay off debt and carry on with your normal standard of living. Some wants will have to be cut in order to make space to eliminate […]