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Money in the UK

Aerial View of City

How to Save Money When Moving Abroad

Money in the UK / By

Whatever your motivation for relocating abroad, it is true that the process takes careful planning and research. But moving to another country is definitely worth the effort, don’t let that discourage you. There are many advantages to living abroad, including getting to know new people, immersing yourself in another culture, and depending on the country, possibly a lower cost of living. The US State Department estimates that about nine million Americans are living abroad.

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Budget Your Monthly Expenses

Budget Monthly Expenses the Easy Way

Money in the UK / By

Saving and spending your money wisely matters, but some people don’t have the skills to do so. Often this happens because they grew up in a family with the same poor money skills. It can certainly make monthly expenses difficult to budget if you aren’t sure how to go about it. In order to break this cycle and develop good habits, you need to educate yourself on the good habits to cultivate. Because of this, we have five budgeting tips to help you better handle your monthly expenses.

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International Houses

Beware Of Foreign Exchange Fluctuations When Buying A U.S. Home

Money in the UK / By

To say that the global COVID-19 pandemic wreaked havoc worldwide would be an understatement. Even, the world’s largest and most powerful economy, the United States, suffered a significant impact from the shutdown related to the disease. The impact is being felt across all sectors, especially housing — an industry that was booming just months prior.

But foreign buyers with cash to spend should be able to find their dream home in any major city. As fans of HGTV’s “House Hunter’s International” know house hunting is no longer limited to one’s own country, today people often buy second homes in countries other than their own. One factor rarely discussed on TV shows however is the impact of different currencies on the cross-border buying process. If you earn money in one country and buy in a different country the currency exchange rate can have a big impact on the cost that you see. For instance, if you see that the housing prices in another country have fallen 30% in the local currency but the currency has appreciated 30% against your currency the price in your currency might be roughly the same. For more information, you can read this Forex FAQ to understand some of the risks involved in transacting with a different currency.

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Public Transportation

Money in the U.K.: Road Safety in Scotland

Money in the UK / By

The Transport Minister for Scotland has announced that the Scottish Government will invest over £58 million in infrastructure and training to improve  safety for cyclists. The announcement came after statistics confirmed that cycling casualties had risen while other road user casualties had fallen. There  was also a commitment to improve motorcycle training and encourage all

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First time buyers need to consider location

Tips for First Time Buyers: Taking your First Steps on the U.K. Property Market

Money in the UK, Real Estate / By

Money in the UK: As the growth in the British housing market reaches its fastest pace in two and a half years, much is being done to improve the increasingly fragile levels of consumer confidence. While this is largely positive news, however, it may have a deceptively negative impact on anyone who aspires to purchase

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Achieving financial security

Achieving Financial Security in the UK: Are You Making The Most Of Your Money?

Investing, Money in the UK / By

Money doesn’t quite make the world go round, but most people would agree that financial security sure makes it easier to have a relaxed and happy lifestyle. Unfortunately, achieving financial security is more dream than reality for a lot of people. There are mortgages to be paid off; university funds to be saved for; and the

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Personal Finance

Avoid Making Your Personal Finance Situation Worse

Budgeting, Family, Money in the UK, Money Management, Saving / By

The cost of living is rising every year. Keeping on top of your family’s finances is difficult. Trying to balance your budget when funds are limited isn’t easy, so it’s important to make good decisions and avoid any decisions that will put you into a financial hole. If you’ve already gotten yourself and your family

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