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The Money section of Finance Monthly is your comprehensive guide to all things finance, from managing debt to smart investing. This section offers a wealth of resources for individuals seeking to enhance their financial literacy and take control of their finances. Written by experienced contributors, these pieces are designed to help you make informed decisions, maximize your financial resources, and navigate the complexities of the financial world with confidence.

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Childcare is becoming unaffordable

22nd July 2024
Summer holidays have begun and so has the panic for parents. Finding way to keep the kids entertained is always a summer struggle for parents and this year with rising costs it’s even more difficult. It’s not a surprise that parents dread the summer holidays as childcare costs rise by 6% this year.   The […]
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7 free things to do with the kids this summer

22nd July 2024
Now schools have broken up for the summer many parents are panicking over how to entertain the kids for 6 weeks. You may be planning some days out or holidays but it’s not sustainable to spend money everyday for 6 weeks so having some free activities that you can pull together easily can make summer […]
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Stock Trading in the Global Economic Landscape of 2024

22nd July 2024
The global stock market in 2024 has been marked by significant economic shifts and geopolitical developments, presenting both opportunities and challenges for stock traders. Here’s how you can approach trading stocks in the current environment: 1. Understanding Economic Recovery and Market Performance The first half of 2024 witnessed a notable economic recovery, lifting the MSCI […]
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Inflation holding steady

17th July 2024
Good news today as the inflation rate remains steady at 2% - the Bank of England’s target. The Office of National Statistics reported the forecasts from economists had placed the inflation rate at 1.9%, which unfortunately has not been met. Inflation within sectors The Bank of England was hoping for service inflation to be down […]
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Cheapest UK supermarket to shop in 2024

17th July 2024
Aldi was nominated as the UK’s cheapest supermarket with the average price of a weekly shop costing £118.41 for 65 items compared to £151.01 in Waitrose. The cheapest way to shop has been suggested as shopping in multiple supermarkets to find the best deals and to use loyalty cards too. Make sure you are shopping […]
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England fans boost UK economy

16th July 2024
The Finals weekend boosts UK Economy The UK economy experiences a boost over each Euros season and this year is no different. We have seen a £3.1 billion boost to the economy over the past month.   Retail Retailers received a £280.1 million boost which came mostly from supermarkets. Fans making extra food and drink […]
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You can save money by switching to an EV

12th July 2024
The Government’s target for all new cars and vans to have zero emissions at the tail pipe by 2035 is why by the end of June 2024 there were 1,145,000 fully electric cars in the UK. Having an electric car is much better for the environment but is it better for your wallet? Electric VS […]
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Planning retirement income for financial well-being in later life

12th July 2024
With longevity increasing in the UK, the concept of ‘retirement planning’ is becoming more important. Hence, boosting individual awareness of the need to make adequate plans for a sustainable retirement income has been a major and ongoing government policy issue. The introduction of Automatic Enrolment into workplace pensions, as a compulsory measure to enable all […]
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Should I switch Energy providers to save money?

12th July 2024
If you are unhappy with your current energy provider for any reason whether that is the price or customer service then you could think about switching.   Switching Energy providers It is recommended to keep an eye on deals from energy providers so you can find the cheapest deal for your home. Use comparison site […]
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Save money with a smart meter

11th July 2024
At the beginning of July Ofgem announced a price drop for energy bills, however this is not set to last for the long haul. Unfortunately, energy prices are set to increase again before the winter months. So, you may be looking for ways to reduce your energy bills? There are lots of ways to do […]
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Increasing water bills should mean cleaner water, you would think

11th July 2024
How much water bills will be increased Ofwat’s 2024 price review indicates a price limit of a 21% increase between 2025-2030. This will be £21 extra per year over this period for households. The increase in bills is to allow water companies to repair their mismanagement and sewage disaster. In 2023, Friends of the Earth […]
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How to Budget Effectively: Simple Strategies for Managing Your Finances

11th July 2024
Managing finances can often feel overwhelming. However, budgeting is a powerful tool to help you regain control and achieve your financial goals. Effective budgeting not only helps you understand where your money is going but also allows you to make informed decisions about your finances. In this opinion piece, we'll explore simple strategies for budgeting […]
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Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.

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