Want to pay­ off your student loan faster? Here’s how, when to start

Highlights  Students taking part-time jobs are more vulnerable to scams due to less interaction with HMRC. Around a million people reported scams to HMRC last year. Over 5,000 phone scams have been reported by students in the 18-24 a...

Highlights  Bitcoin debit cards are prepaid debit cards that allow user to top-up their card with bitcoins, which are then converted into fiat currencies to make purchase easier. There are mainly two types of Bitcoin debit cards: Plastic D...

Summary  Credit cards can help you manage your cash flow, build your credit rating so you can qualify for other financial products. There are over 62.8 million credit cards issued across the UK. The credit card allows a card holder to spe...

Maintaining a comfortable lifestyle with the same standard of living after retirement is among the most important financial goals of people. Pension schemes are the best long-term investments to secure your future and have a comfortable life post-r...

Summary  Everyone over 80 of age in the UK is entitled to pension of £4,000 a year. Over 100,000 retirees in this bracket have not claimed state pension payment yet, as per some reports. The pension is taxable and may affect your ov...

Summary  Launched by MoneyHelper, Couch to Financial Fitness is an online programme to help people deal with the financial impact of the Covid-19 pandemic. The new programme is based on a similar platform called Couch to 5K, which aims at ...

A Roth IRA is an individual retirement account to which you can contribute after-tax dollars and that can provide you with tax-free income and growth in retirement, while there are no current-year tax benefits. You can also withdraw the amount tax-...

Summary  Investing in dividend stocks is a great way to generate a stream of stable income. Although higher dividend yield is considered favourable, dividend yield traps must be avoided. Dividend income may also get taxed. Dividend s...

Investment and saving are often used interchangeably, but they have a different meaning. Saving is the amount you put away as your reserves, and investment is about earnings on your savings. Investing is a complex process, which has diverse avenues ...

Summary Personal loan can be easily obtained these days and can be used to purchase stock. Before investing in shares, you need to evaluate the performance of the stocks. Interest rates are usually high but look for all options available in th...