Finance Monthly Magazine
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Monthly Finance News Magazine is dedicated to reporting the key financial stories of the day from across the globe for an international corporate readership. Finance Monthly reports on the news and topics that matter to CEOs, CFOs, investors, company directors, entrepreneurs, and SMEs.
Finance Monthly Magazine
5h ago
Inflation is when the prices of product or services rise over time and inflation rates often fluctuates depending on the countries economic situation including those listed below ..read more
Finance Monthly Magazine
9h ago
What is Inflation?
Inflation is when the price of an item increases over time and the cost of living becomes more and more expensive.
Inflation will mean than the worth of a £1 decreases the more inflation goes up and this is why it becomes difficult to maintain a standard of living when prices go up overall.
High inflation means prices are rising quickly and low inflation means prices are rising slowly over time.
So despite Inflation rates falling, unfortunately your weekly shops won't cheaper, the supermarkets are experiencing a decrease in inflation and prices are still rising but slower ..read more
Finance Monthly Magazine
13h ago
The Office for National Statistics have released their data and revealed that inflation rates are falling slowly and have reached the lowest level since November 2021 at 3.2%
What does this mean?
Inflation levels falling does not mean items will be significantly cheaper when you go into the shops, just that they are rising slower than before.
Prices in the supermarkets are driving this inflation drop.
Most items of food have had the rate of inflation fall between February to March with items such as, chocolate, biscuits and other bakery items falling the most. There have been smaller increases ..read more
Finance Monthly Magazine
1d ago
When you are trying to save money it is best to find the right type of account to keep it safe and this could be a savings account or an ISA.
ISA
An ISA is an effective way to save large sums of money and be a secure account to keep the money from being used daily.
There are different forms of ISA’s including, Cash, Stocks and shares and lifetime which you can set up depending on what your purpose is.
Pros
A tax efficient way to save money
Your money will be passed on to a spouse or civil partner if you die.
Option of a lifetime ISA where the government will give you a 25% bonus ..read more
Finance Monthly Magazine
1d ago
No matter what stage of life you are in at the moment, saving money is always beneficial, even if you are saving small amounts at a time.
There are so many ways to start saving money that can help you begin including, budgeting apps, learning the 50-30-20 rule and more. You will be able to find a method that works for you and your finances.
It is important to have a separate savings account before you start so you can keep your savings safe and you could even earn interest.
Why you should save ..read more
Finance Monthly Magazine
1d ago
There’s a cliched saying in business that you need to speculate to accumulate. As trite as that expression may be, there’s more than a grain of truth in it. Spending money to get more back than you put in is what every business owner is trying to do. For example, if you’re going to invest in a finance tracking app, you want to make sure the monthly cost is less than the value it provides over time. The same principle applies to everything you do within your business, including hiring people.
As the great David Brent once said in The Office, “investment in people”. He might not have known a lot ..read more
Finance Monthly Magazine
1d ago
The UK housing market has been particularly volatile over the last few years. In 2022, house prices soared into the stratosphere. The rush of people willing to buy and sell caused quite a stir. Then, inevitably, everything cooled off. House prices dipped and people stopped submitting for mortgages in such high volumes. There was also the much-maligned, market-scaring “mini-budget” and the ripple effects that it caused.
As the housing market is used as a measure of national economic health, its rather slow rate of recovery has been of particular interest to economists. Perhaps with the sudden r ..read more
Finance Monthly Magazine
2d ago
Trading in financial markets can be exciting and rewarding, but it's also complex and requires careful navigation. Whether you're interested in stocks, forex, cryptocurrencies, or commodities, getting started can feel overwhelming. However, with the right approach and understanding, you can begin your journey into the world of trading with confidence. This beginner's guide aims to provide you with essential knowledge and tips to help you navigate this exciting realm.
Understanding the Basics
What is Trading?
Trading involves buying and selling financial instruments at its core, to make a pro ..read more
Finance Monthly Magazine
2d ago
Cases of bank fraud have been rising so it is important to be aware of how to spot fraud before you become a victim. Fraudsters are becoming well adept knowing how to target and scam people to gain access to accounts or to steal money from you. Don't be embarrassed and make sure you act as soon as you realise.
Contact your bank
If you think you are a victim of fraud your first step should be calling your bank as soon as you know to explain the situation.
Whether you have had your bank card stolen, your pins or passwords stolen, have spotted an unauthorised transaction made with your card or yo ..read more
Finance Monthly Magazine
2d ago
Futures trading involves traders buying or selling contracts to trade assets at a predetermined price in the future. Traders should know about futures trading as it enables them to make profits from price changes in other markets, such as commodities, stocks, and currencies.
This article will look into the foundations of live futures trading and why every trader must have a clear comprehension of this sector at all levels.
5 Things Every Futures Trader Should Know
Trading futures can be complicated, but it can also be rewarding with the right knowledge and strategy. Here are five cri ..read more