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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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Electric Heaters vs. Central Heating: Which is More Cost-Effective for Your Home?

21st October 2024
As energy prices rise across the UK and winter fuel payments end for many pensioners, many homeowners are faced with a crucial decision: should they rely on electric heaters or central heating to keep their homes warm? This article explores the pros and cons of both options to help keep you informed and save money […]
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How to Prepare Your UK Business for Corporation Tax Deadlines

21st October 2024
Managing your business in the UK comes with a wide array of responsibilities, and one of the most important tasks is staying on top of your corporation tax obligations. The process can seem daunting, but with proper preparation and an understanding of the deadlines, you can ensure that your business remains compliant and avoids any […]
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Investing Strategies for Your 30s 

18th October 2024
Investing strategies for your 30s When you reach your 30s, investing is a great way to expand your finances and make sure you are doing everything you can for your future. If you have already started, then there could be ways to improve your investment strategies. If you are a beginner investor in your 30s […]
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How to Save for a House Deposit in 2 Years: A Step-by-Step Guide

17th October 2024
Saving for a house deposit might seem daunting, but with proper planning, discipline, and the right strategies, you can reach your goal within 2 years. Whether you’re a first-time buyer or planning for your next property, following these tips will help you achieve your target faster and save for a house deposit in 2 years. […]
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Investing Strategies for Your 20s 

17th October 2024
Investing Strategies for Your 20s  Investing in your 20s can seem daunting, but it's one of the best ways to build wealth for the future. The earlier you start investing, the more time your money has to grow. If you are interested in beginner investing then you will need to take a look as these […]
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Britons Withdraw More from Pensions Ahead of Budget Changes

17th October 2024
Britons Increasing Pension Withdrawals Ahead of Budget Announcement As the budget announcement on October 30 approaches, Britons are withdrawing more money from their pensions, according to insights from an investment platform. Michael Summersgill, CEO of AJ Bell, highlights that many savers are opting to increase their tax-free cash withdrawals. Currently, individuals can withdraw 25% of […]
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Effective ways to save for retirement and how much you should already have

16th October 2024
  The Importance of Retirement Planning  Retirement planning is crucial for your financial stability in your later years, as you will have to sustain your lifestyle without a regular income. If you must rely on the state pension, this can lead to a challenging financial situation. By beginning your retirement planning as early as you […]
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5 Financial Mistakes to Avoid in Your 20s for Long-Term Wealth Building

16th October 2024
In your 20s, setting solid financial goals can lay the groundwork for long-term financial success. A little time spent planning can help you avoid a lot of money woes both now and in the future. So, what are the 5 financial mistakes to avoid in your 20s? Read on. How to Avoid Financial Mistakes in […]
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UK Inflation Falls Below 2% Target

16th October 2024
Shock Fall - September inflation data Inflation has fallen below the 2% target for the first time in more than three years in a shock fall announced today at 7am. The 1.7% rate for September marks the lowest level since April 2021, when it was recorded at 1.5%. This represents a decrease from August's 2.2%. […]
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7 Simple ways you can make money now 

15th October 2024
7 Simple ways you can make money now  In today’s fast-paced world, finding easy ways to make some extra cash can be a game-changer. More people are looking for ways to make extra money, at the beginning of 2024 in the UK 1 in 4 adults had a side hustle, small business or a secondary […]
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State pension hike in April revised after new wage data

15th October 2024
State pension hike in April revised after new wage data. The updated state pension for individuals who reached retirement age after April 2016 may increase from £221.20 to £230.30 starting in April. Meanwhile, the previous basic state pension could see a rise from £169.50 to £176.45. Check out this and more of today’s consumer and […]
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How to Become a Freelancer: 7 Tips From the Experts

14th October 2024
How to Become a Freelancer: 7 Tips From the Experts. If you have a job, you may find yourself fantasizing about leaving your regular nine-to-five to become your own boss. And why not! Freelancing offers a great opportunity to make that dream a reality. So, how can you kick off your freelancing journey, what is […]
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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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