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38% of UK adults understand the term ‘inflation’

38% of UK adults understand the term ‘inflation’

The UK is in the midst of a financial knowledge gap, with just 38% of UK adults understanding the term ‘inflation’ according to a study by the Organisation for Economic Cooperation and Development (OECD). The recent study places the UK behind Estonia, Latvia and 12 other nations in terms of financial literacy. With only 69% carefully considering their purchases, it’s clear that the UK’s lacking financial knowledge is impacting our awareness and understanding of personal finance.…continue reading →

Spending Pitfalls We All Need To Try And Avoid

There are so many temptations we come across every day, with more reasons to spend our hard earned cash. It can be difficult to avoid these temptations, especially when with colleagues or friends and when peer pressure begins to set in. Not just that, but the usual ‘early morning Starbucks’…Continue reading...
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