Category: Money Basics: Budgeting, Debt & More
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What is Pound Cost Averaging?
You want to get started with investing. Maybe you’ve already put a bit of money aside. But then you look at the stock market and it all seems a bit… well, daunting. Like trying to predict if it’ll rain on your summer holiday – impossible! It’s easy to get caught up in trying to time…
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What is a Joint Bank Account?
Sharing your life with someone is a wonderful thing. But, when it comes to money, things can get a bit tricky. We’ve all heard stories, haven’t we? About disagreements over bills and spending. It can feel a bit like trying to dance with someone when you’re both moving to different tunes. But what if there…
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What is a Stocks and Shares ISA?
We all want our money to grow, right? But sometimes, just saving in a bank account doesn’t seem to do much. It’s a bit like planting seeds in good soil. You hope they’ll grow into something bigger. That’s what a Stocks and Shares Individual Savings Account (ISA) is like. It’s a way to invest your…
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What is Debt Consolidation?
We’ve all had times when money gets a bit complicated, haven’t we? When you’ve got a few different bills and loans to keep track of. It’s a bit like having lots of different pieces of a puzzle. Trying to fit them all together can be confusing. That’s where debt consolidation comes in. It’s about putting…
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What is a Credit Union?
Ever heard of a credit union? They’re a bit like banks. But they work a bit differently. Think of them as a community club where members can save and borrow money together. It’s a different way to handle your money and it might be a good option for you. The Money Part: The Basics of…
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What is a Mortgage Agreement in Principle?
Buying a home is a big deal, isn’t it? It’s probably the biggest purchase most people will make. Before you start looking at houses, it’s a good idea to get a Mortgage Agreement in Principle. It’s a bit like getting a pre-approval from a shop to buy something expensive. It doesn’t guarantee you a mortgage,…