For example, if you had to pay £1,000 to fix your boiler tomorrow how much strain would this put on your monthly finances?
This could include comparisons of broadband providers, phone, insurances, other direct debits and more.
Your credit score is used as an indicator of how reliable you are at managing your finances. A higher credit score can improve your chances of being accepted for credit and even give you acess to cheaper borrowing.
Saving into a pension can be a tax-efficient way of saving for the longer term.
If you have a pot of money in the DC Investing Plan or Retirement Savings Plan then your money will be invested. This may also be true for any personal pensions or previous employer pensions you might have.
A will is a legal document that sets out your wishes regarding the care of your children, as well as the distribution of your assets and wealth after you pass away.
Life cover can act as a safety net to help your loved ones cope financially in the event you pass away.