Traveling may be a thrilling experience for most, but it’s essential to plan and prepare for any unforeseen events. An important element planning a holiday is deciding if you need travel insurance. Travel insurance covers you against unexpected events, such as medical emergencies, trip cancellations, or lost luggage, and ensures you have a stress-free and enjoyable experience. In this article I will explain what travel insurance is, the factors to consider when choosing a policy, and why I suggest you get it. What is Travel Insurance? Travel insurance is a type of insurance that covers you for ..read more

Most of us probably don’t wish to spend much time thinking about what the arrangements will be for after we pass away – or for that matter, the same situation for a loved one – but it is something that must be thought about, nonetheless.   Not everyone would have saved money for their retirement that could help pay for their, or your, funeral, therefore, it is crucial to be well-informed on the financial aspects of funeral planning.  How much does a funeral cost in the UK? Before we jump into the ways you can save on funeral costs, it pays to understand the average costs of one ..read more

Temporary car insurance is a type of protection that provides short-term coverage for driving a car on the road. It allows people to legally drive their car for short periods of time instead of taking out full insurance policies. This can also apply if you are borrowing a friend’s car or hiring a rental!  How much does temporary car insurance cost? The cost of temporary car insurance will vary depending on your own situation and the level of coverage you may need. Factors that affect the cost include:  Your age Level of driving experience The car you want to insure How long you need ..read more

It can be hard to know how much money to give as a gift. This is especially true if you are not even from the UK. Today, we will answer some of the most common questions about gifting money in the UK.  So, what do you need to know about gifting money in the UK? How much can you gift your children? Parents can gift up to £3,000 to their children each year without incurring any tax liability. You can also give a larger gift of up to £5,000 per child if you are celebrating a special event such as a wedding and still keep the £3,000 yearly allowance! Can your kids give more than the tax-free ..read more

Being able to manage your finances is an essential part of life, but with so much information available, it can feel a little overwhelming. From debit cards to credit cards, and mortgages to investments, there are plenty of terms to wrap your head around. At some point in our lives, most of us will apply for some form of credit. You might just think that this only covers credit cards, but it also covers any time when you purchase a product, but pay later – for example, mortgages, student loans and household bills.  One of the checks that happens when you apply for credit is a soft inquiry ..read more

Excitable teens often tend to be careless, thus giving meaning to the term youthful arrogance. With this comes overconfidence, which can often show in their driving capabilities. According to a survey by the Foundation for Traffic Safety, teenage drivers between the ages of 16 and 17 accounted for almost twice the number of accidents as their 18- and 19-year-old counterparts. What age group are the safest drivers? Contrary to popular belief, The Foundation For Traffic Safety found that drivers between the ages of 60 and 69 were among the safest. Their survey data also showed that accidents ten ..read more

Insurance can be complicated and lead to many questions. This is particularly the case when it comes to insuring your home. One of the essential things for a homeowner to understand is the difference between replacement cost and actual cash value. Many homeowners wonder which is better.  Let’s take a look at your home insurance options in terms of replacement cost versus actual cash value.  What Is Home Insurance?  Home insurance is the term used to refer to the insurance that covers your residence. This tends to involve two different policies, building insurance and contents in ..read more

Due to the events in the past couple of years (the pandemic, Ukraine, etc) many countries are experiencing economic downturns. And, as expected, the UK’s economy has also been impacted and it is safe to say that we will end up in a long recession.   What is a recession? A recession is when a country’s economy slows down and people are not spending money. It can occur if the economy declines for two consecutive quarters; that is for six months. While the Bank of England has not officially declared a recession, the economic figures point to a matter of when not if.  The inflation ..read more

You spend a lot of time in and around your home, so it’s important that it looks and feels like a place you love. If your home is in dire need of a makeover but you’re not sure where to start, consider one (or all) of these five expensive home renovations. They may cost a pretty penny, but these renovations will add money to your house! 1: Get a new roof If your home’s roof is old, damaged, or simply not up to par with the rest of your house, it’s time for a replacement. A new roof can completely transform the look of your home, and it will also protect your property from the elements. While a ..read more

Getting your provisional licence is an exciting time. The thought of learning how to drive paired with an increased ability to explore and greater freedom marks a distinct turning point in someone’s life.  For many people, learning to drive is an important rite of passage. However, it also comes with many questions, especially when it comes to choosing car insurance. Let’s take a look at some of the most common questions you may have.  What is Learner Driver Insurance? Learner driver insurance is a short-term temporary insurance policy aimed at covering drivers while they are practic ..read more