There are rising energy prices in the UK right now, and your bills are about to change. Europe has entered an energy crisis due to China’s demand for natural gas, Russia’s invasion of Ukraine, and the weather conditions of the last year. A record-high increase in natural gas prices has left the UK’s energy suppliers scrambling for resources.
Financial resilience is all about preparing for the worst-case scenario. You never know what’s around the corner – and you need to be financially prepared. At Fair for You, we understand that sometimes life happens, and things veer off course. Significant life events like a relationship breakdown or an unexpected illness, can have quite an impact on your finances and, more specifically, your financial security. These events might change your income, assets or debt payments, and you need to be financially resilient enough to navigate the fallout of life’s challenges.
Are you struggling to keep track of your finances? Do you find that your money doesn’t stretch far enough to cover the essentials? If any of this sounds familiar, then don’t worry! We’re here to help you understand how to improve things step by step. First things first, the term to get familiar with here is financial wellbeing. Contrary to popular belief, financial wellbeing isn’t just for people with a lot of money. Instead, financial wellbeing applies to everyone. It’s about being confident at managing your finances – something we should all be aware of. After all, poor financial wellbeing can have a knock-on effect on our mental and physical health.
It’s not always easy to talk about your finances, especially if you’re having difficulty keeping track. But by talking about money and your personal situation, you can learn to manage it better and hopefully become less worried and stressed. Here at Fair for You, we want to empower our customers to better understand their finances as a whole, and to give them access to the items they need. So in today’s post, we’re discussing the meaning behind financial wellbeing – what it is, what impacts it – and how you can take control of yours, regardless of your current financial situation.
Whether your child needs to practice their weekly spellings or start a bigger project, finding the time to sit down and help them with their homework in the evenings can be tough. After a busy day, the last thing you want is to deal with tantrums over maths equations – we’ve all been there. As your child gets older, their pile of work will only grow. It’s good to get into a homework routine early on to avoid late hand-ins. Find out how to manage your child’s homework schedule and this dreaded task will become (dare we say) easy!
Becoming a parent really is life-changing. Whether you are in the exciting stages of preparing for your baby to arrive, or whether you are finding your feet and settling into parenthood, the family finances may well be on your mind. With all this added responsibility comes a fair few added costs. It’s important to prepare for this financial change as much as you can. That way, you can focus on enjoying your little one grow up rather than stressing over the bills.
After a jam-packed summer of activities, the return to school may have crept up in your calendar. The beginning of September brings the first-day-of-school-nerves to some children. In the weeks building up to the big day, your child’s back-to-school anxiety may have been brewing. Whether your child is worried about meeting their new teacher or has new school nerves as they transition to high school, it’s important to be on hand to support them.
With the new school year approaching, the buzz around ‘back to school’ is ramping up. You may be feeling overwhelmed by the checklist of things to do before the start of September – from buying new school shoes to making sure they’ve got the right stationery sets. Don’t stress, we’re here to help tick lunch box prep off your to-do list. Follow our easy school lunch box hacks and this next school year will be a breeze!
Being a single parent family is a unique experience that can be challenging in all sorts of ways. Add financial worries into the mix and it can be a recipe for anxiety, as even the most reasonable of us tend to focus on the necessities, treats and experiences we feel unable to give our children. Over time, this can trigger feelings of guilt, shame and exhaustion.
Next week marks National Allotments Week. Whilst tending to and nurturing an allotment holds countless benefits, not everyone can afford the price tag that comes along with one. But fear not – if you are lucky enough to have some outdoor space, or even just a window sill, there’s nothing stopping you from experiencing the benefits of growing your own produce for yourself. So, how do you create an at-home allotment? Here are some simple steps to get you started.
Credit scores are one small part of life, but they don’t always feel that way. When you have a low score, it can feel like there are big barriers all around, holding you back and stopping you from accessing the things you want or need. This can be frustrating – particularly when you are confident that you’ll be able to afford the repayments.
The summer holidays are officially upon us. Whilst the kids will be eagerly looking forward to six weeks of freedom, parents everywhere may be inwardly panicking about how on earth to keep the boredom at bay. Another worry during the school holidays is how to keep on top of spending. Getting the family out of the house often results in an ice cream here and a bag of sweets there. The pennies can very quickly add up.