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Compound Interest Explained
It’s a powerful way to grow your money over time. So much so, Einstein described it as the eighth wonder of the world! How is it so powerful? You earn ‘interest on your…
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Your Personal Saving Allowance
You have a ‘Personal Savings Allowance’ or PSA, which means you can earn interest – from savings, loans – such as peer-to-peer or bonds – tax free up until a certain amount. Your tax-free allowance depends…
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How Much Should I Save For a Rainy Day?
This is your ‘I’ve-had-a-majorly-bad-day’ fund. You never know what may crop up in life so it’s wise to set money aside to keep you afloat in case of losing your job, needing house…
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Planning Saving Goals
So you want a fancy new car, a three-bedroom pad, that dream holiday to the Maldives and to put that genius business idea you have into action. You’re going to need some serious…
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Best Return for Your Savings
A savings account is a savings account right? Er, wrong. Choosing the best bank account for your cash could earn you hundreds more pounds every year. Yes, really. Where do I start? First…
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Best-Paying Current Accounts
Some current accounts pay more interest than saving accounts! Here are MOXI's top picks. No. 1 Santander's 1|2|3 Current Accounts – For the larger savers Paying 1.5% on balances up to £20,000. Apply…
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Introduction to ISAs
ISA stands for Individual Savings Account. Simple right? There are ISAs for savings, first time home buyers, children and investment. Not so simple anymore. So let’s get serious, how many ISAs does one…
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Managing Credit Card Debt
You keep deleting those ‘payment due reminder’ emails, so do 3 million people in the UK. Or so we’re assuming since that whopper of a number represents those who can't afford to pay off their credit…
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A Personal Budget That Works For Me
Being on top of your finances doesn’t mean ditching your daily can’t-function without-it latte, swapping salon highlights for DIY colour or begrudgingly booking a staycation. You simply need some checks in place. So,…