Trucking Insurance Claims Process
Finance Monthly » Personal Finance
by Finance Monthly
17h ago
Trucking Insurance Claims Process: Navigating Settlements Efficiently Trucking insurance claims can be a complex process for both the company and the driver. When a truck is involved in an accident, it's essential that the incident is reported promptly to the insurance provider. This helps ensure that all the necessary information is gathered, and the claims process can commence without delay. Accurate and thorough documentation at this stage is crucial, as it can significantly affect the outcome of the claim. The next step involves an evaluation by the insurance company's claim adjuster. They ..read more
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How Meal Delivery Services Are Reshaping the Economy of Convenience
Finance Monthly » Personal Finance
by Finance Monthly
17h ago
Are you noticing the surge in meal delivery vans zigzagging through your neighbourhood? It's not just a trend; it’s a tell-tale sign of an economic shift. Meal delivery services are redefining what we call the economy of convenience, particularly in urban juggernauts like London and New York City. Meal delivery services aren't just about bringing dinner to your doorstep (though, admittedly, that's the most significant part); they're weaving new patterns in job markets, altering consumer spending habits, and reshaping industries from the ground up.  Let's take a closer look at how these cu ..read more
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Budget Summer travel; Bilbao
Finance Monthly » Personal Finance
by Courtney Evans
17h ago
Where is Bilbao? Bilbao is located in the Basque region of Spain, the north of the country where mountains and nature meet sunny seaside days.   Why Bilbao? Bilbao in the summer reaches temperatures of an average between 20-30 degrees meaning you don’t need to be in the scorching heat everyday but will enjoy the sun and warm. Bilbao is full of culture and history, you will see not only Spanish being spoken and written but also their own Basque language too which they still teach in schools as they hold their culture with pride. This city has lots to do with many bars and restaurants to ke ..read more
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Should I switch bank accounts?
Finance Monthly » Personal Finance
by Courtney Evans
17h ago
HSBC data shows that 54% of people in Britain have had the same current account for over a decade and 2 in 5 remain at their same bank for over 15 years. This is despite 64% of people reporting they receive no benefits at their current bank. So, is switching bank accounts a good idea or not? Switching your bank account is a personal decision and many people are happy to remain with their existing account for the simple reason of convenience. If you want better interest rates so you can earn on your savings then it could be beneficial to shop around for better deals. Be careful not to switch t ..read more
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Trading Apps: A Few Smart Tips Every Trader Should Know 
Finance Monthly » Personal Finance
by Finance Monthly
23h ago
Trading has surged a lot in popularity in recent years. Every other person in the UK is trading these days. Many have even quit their jobs to become full-time traders. The reason behind its growing popularity is pretty straightforward. Trading apps have become extremely accessible.  The ease of access to trading apps has democratized investing, enabling investors to enter the financial market with lower barriers. Another reason is that it’s a high-reward activity; however, it doesn’t end well for all traders. Why? Because many of them are new to the trading world not knowing enough about ..read more
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What are the causes of inflation?
Finance Monthly » Personal Finance
by Courtney Evans
2d 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
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What does inflation mean?
Finance Monthly » Personal Finance
by Courtney Evans
2d 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
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Inflation is at its lowest level since 2021
Finance Monthly » Personal Finance
by Courtney Evans
2d 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
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ISA VS. Savings account
Finance Monthly » Personal Finance
by Courtney Evans
3d 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
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Why should I start saving money now?
Finance Monthly » Personal Finance
by Courtney Evans
3d 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
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