There’s plenty of nice things money can buy, but there are also lots of things where more money makes no difference.
Spending
Remortgaging in the midst of the Mini Budget madness unnerved me, but I’m still not paying it off just yet…
Fixed mortgage rates are mostly determined by swap rates, but bank margins also enter the picture…
Disclosure: this article contains affiliate links to Plum. We may be paid a commission if you sign-up. This does not affect the price you pay. Also please note that the owner of Monevator is a shareholder in Plum. Every one of us walks around with a devil on our shoulder. A little demon prodding us [...]
Every year seems weird these days. Maybe it’s all down to the coming singularity. Certainly 2022’s quadruple whammy of war, drought, inflation, and plunging equity and bond prices has provided enough contrast to please even a late-stage Picasso. Crops wither while inflation runs wild! Energy prices soar while portfolios plummet! Or maybe it’s just the [...]
In my early 20s I was a debit card kind of guy. I’d save what I could, and frowned at the thought of borrowing money that I didn’t have on plastic, to pay for goods and services I didn’t need. I also (mistakenly) believed that applying for a credit card would be harmful to my [...]
Having a big mortgage on your personal balance sheet dramatically shifts your financial posture.
The Finumus household is enjoying its first interaction with the student loan scheme in 30 years.
What credit cards should I get? Everything you need to know about the different types of credit card
Credit cards can punish those who spend recklessly by sinking their finances into the red. But deployed in the right way, a credit card can equally be a powerful financial tool. Consider a sharp knife. You wouldn’t be without out one in the kitchen – but you also have to respect the risk of causing [...]
This is part six of a series on planning and paying for later life social care costs. We’ve previously: Explored why your care needs likely won’t be funded by the state. Discussed the means test, and which of your assets are counted or disregarded. Highlighted the mechanics of the key social care funding thresholds that [...]
During the final few years of my extended graduate student lifestyle, I wondered if I’d ever spend money like a normal person. House-sharing in my early 40s was still fun. I lived with an old friend – a should-be standup comic – and my picaresque romantic life was heavier on the romance than the ‘life’ part. So [...]