Browsing: personal finance

Australian mortgage holders continue to face financial strain as rising living costs persist, despite recent interest rate cuts by the RBA. Many Australians struggle to balance mortgage repayments with daily expenses.

Money-saving expert Martin Lewis reveals a simple trick for haggling with call centres. By patiently staying on hold and asking to speak to a manager, customers can often secure better deals or discounts.

The UK government has confirmed there will be no immediate changes to the cash ISA tax-free allowance. Savers can continue to benefit from the current limits, maintaining their tax-efficient savings intact.

An ISA, or Individual Savings Account, offers tax-free savings in the UK. Proposed rule changes could affect contribution limits and eligible investments, aiming to modernize the scheme and boost long-term saving options.

Lifetime ISAs spark debate, praised for boosting first-time homeownership yet criticized for limited access and penalties. This divide highlights the balance between encouraging saving and flexibility challenges.

Aged 18-39? Personal finance expert Martin Lewis urges young adults to consider a £1 investment now, highlighting its potential long-term benefits. Small steps today could lead to significant financial gains tomorrow.