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What is the 50/30/20 Rule? A Simple Guide to Budgeting Your Money
If you’re feeling overwhelmed managing your finances and don’t where to start, simple frameworks like the 50/30/20 rule can help you take control and take the stress out of budgeting. It won’t solve every financial challenge, but it does offer a simple way to see where your money is going
Universal Credit Health Changes
If you claim Universal Credit and have a health condition, the April 2026 changes are worth understanding — because for some people, they could significantly change how much money you receive each month. These reforms affect both how support is assessed and how much financial help some claimants receive, with
How finances can impact your mental health
This week is Mental Health Awareness Week. This is an annual event, organised by the Mental Health Foundation, which has taken place since 2001. The aim of Mental Health Awareness Week is to bring together people and organisations all across the UK to focus on improving mental health, including
Ten tips for saving money on energy bills this winter
So what is the latest news on energy prices? This time last year, high energy prices were continually hitting the headlines, and most households were benefitting from a £400 government discount to help with the costs. Since then, prices have varied. In July 2023, there was a fall in the
How to recover financially from Christmas
Despite all our good intentions, it is all too easy to fall into the trap of overspending at Christmas. Recent surveys found that because of the cost of living crisis, many families were planning to spend around £200 less on the festive season than in 2022. But even this reduced
Coping Strategies for Financial Anxiety
Financial anxiety is a common concern that many individuals face, especially in uncertain economic times. Whether it’s worrying about paying bills, saving for the future, or managing debt, these concerns can lead to stress and impact one’s overall well-being. However, by adopting certain coping strategies, it’s possible to manage and
Budget-Friendly Home Renovation Ideas: Transform Your Space Without Breaking the Bank
Home renovations can breathe new life into your living space, but they often come with a hefty price tag. However, with a bit of creativity and resourcefulness, you can give your home a fresh look without emptying your wallet. Here are some budget-friendly home renovation ideas that promise maximum impact
Building an Emergency Fund: Why and How
In today’s unpredictable financial landscape, having a safety net is more crucial than ever. Whether it’s an unexpected medical bill, sudden job loss, or urgent home repairs, life has a way of throwing curveballs. That’s where an emergency fund comes into play. At Fair Finance, we believe in empowering individuals
All you need to know about applying for Universal Credit
In our last article, How much do you now get on Universal Credit? we looked at several different aspects of Universal Credit, including the current value of the Universal Credit standard allowances, and various additional payments that may be available depending on your individual circumstances. In this article we will
How much do you now get on Universal Credit?
As most people are aware, the rates for Universal Credit were reduced by £20 per week in October 2021. This reduction is due to the ending of a temporary £20 a week uplift which was introduced during the Covid-19 pandemic In this article we look at: How much are the
