Budgeting & Saving

Is Saving £1000 A Month Good In The UK

Is Saving £1000 A Month Good In The UK? – (Savings Guide)

Quickfire Roundup: The average monthly savings for a single person in the UK hover around £180-£200, while for the average household, the savings are about £450 per month. With these figures in mind, saving £1,000 a month is indeed an ambitious target, putting you significantly ahead of the curve, whether you’re saving individually or as […]

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Is Saving £100 A Month Good In The UK

Is Saving £100 A Month Good In The UK? (Savings Guide)

Quickfire Roundup: The average monthly savings for a single person in the UK is around £180-200, and the current average household savings stand at £450 per month. This puts saving £100 a month below the average for both individual and household savings. However, it’s important to note that what may seem like a modest amount

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Is Saving £200 A Month Good In The UK

Is Saving £200 A Month Good In The UK? (Savings Guide)

Quickfire Roundup: The average monthly savings for a single person in the UK is around £180-200, and the current average household savings are £450 per month. This suggests that saving £200 a month is right on par with the average if you’re doing it alone and falls slightly under the average for a UK household.

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Is Saving £500 A Month Good In The UK

Is Saving £500 A Month Good In The UK? (Savings Guide)

Quickfire Roundup: The average monthly savings for a single person in the UK is around £180-200 and the current average household savings are £450 per month. This means that saving £500 a month is a good amount, in fact, it’s well above the average if you’re doing it alone and also above average for a

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how much should you spend on a birthday present

How Much Should You Spend On A Birthday Present – Average Cost

Quickfire Roundup: Before diving into the details, here’s a snapshot: Generally, Britons spend between £15 and £75 on birthday presents for adults, and a modest £10 to £25 for someone else’s child, while splurging a bit more on their own offspring with a range of £50 to £200. Thoughtfulness trumps extravagance in the UK, so

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how to save 5k in a year

How To Save 5k In A Year – (Get The Basics Locked Down)

Quickfire Roundup: If you want to save £5k a year, you need to put away exactly £416.67 each month. This can be achieved by budgeting, cutting down on luxuries, freelancing, selling items and reducing your bills. Investing is also a good option, but only if you have the right know-how. By saving 5k, you could

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average savings by age

Average Savings By Age: A Comprehensive Guide For UK Residents

Quickfire Roundup: The general takeaway from the national statistics data available is that those who are older have more, on average, in savings. When you consider those aged 18 to 24, they have managed to put away £2,481.  Those aged over 65 have had longer to save money and find themselves with an average of

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best budgeting apps for students

11 Best Budgeting Apps For Students (2024)

Quickfire Roundup: Keeping track of your finances can be challenging when you are a student. Thankfully, there are a load of great apps that can simplify the process. With these apps, you’ll be able to save and budget accordingly at the touch of a button. Let’s unpack the best budgeting apps for students. Our current

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I'm Broke. How Can I Do Better?

I’m Broke – Why? And How Can I Do Better?

Quickfire Roundup: Do you ever wake up thinking, ‘I’m broke’, but don’t know what to do about it? We have plenty of useful ideas to help you reach financial stability. First, you’ll need to understand why you got into that situation in the first place, and then you’ll need to change your behaviour to make

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