Borrowing
Credit Cards
Personal Loans
Understanding Credit Scores
Debt Management
Business
Business Insurance
Business Finances
Corporate Bank Accounts
Personal Finances
Bank Account Essentials
Budgeting & Debt Management
Future Financial Planning
Income Maximisation
Planning for Retirement
Tax Essentials
Saving Account Options
Insurance
Car Insurance
Life & Health Insurance
Property Insurance
Travel Insurance
Mortgages
First-Time Buyers
Mortgage Insights
Property Ownership & Renting
Remortgage Options
Shopping
Bargain Hunting
Smart Shopping Tips
Travel
Spending Abroad
Transport Costs
Travel Compensation
Utilities
Household Bills
Government Assistance
Internet & TV Packages
Council Tax
Mobile Phone Plans
Students
Student Finances
Student Living Costs
Best Savings Accounts
Best Budgeting Books for 2025
How to Save Money for Christmas Without Overspending
Understanding the Autumn Budget 2024: What It Means for Individuals and Businesses
2024 Autumn Budget: What to Expect and How to Prepare
How to Change Council Tax Address and Transfer Your Council Tax Account
Borrowing
Credit Cards
Personal Loans
Understanding Credit Scores
Debt Management
Business
Business Insurance
Business Finances
Corporate Bank Accounts
Personal Finances
Bank Account Essentials
Budgeting & Debt Management
Future Financial Planning
Income Maximisation
Planning for Retirement
Tax Essentials
Saving Account Options
Insurance
Car Insurance
Life & Health Insurance
Property Insurance
Travel Insurance
Mortgages
First-Time Buyers
Mortgage Insights
Property Ownership & Renting
Remortgage Options
Shopping
Bargain Hunting
Smart Shopping Tips
Travel
Spending Abroad
Transport Costs
Travel Compensation
Utilities
Household Bills
Government Assistance
Internet & TV Packages
Council Tax
Mobile Phone Plans
Students
Student Finances
Student Living Costs
Borrowing
Credit Cards
Personal Loans
Understanding Credit Scores
Debt Management
Business
Business Insurance
Business Finances
Corporate Bank Accounts
Personal Finances
Bank Account Essentials
Budgeting & Debt Management
Future Financial Planning
Income Maximisation
Planning for Retirement
Tax Essentials
Saving Account Options
Insurance
Car Insurance
Life & Health Insurance
Property Insurance
Travel Insurance
Mortgages
First-Time Buyers
Mortgage Insights
Property Ownership & Renting
Remortgage Options
Shopping
Bargain Hunting
Smart Shopping Tips
Travel
Spending Abroad
Transport Costs
Travel Compensation
Utilities
Household Bills
Government Assistance
Internet & TV Packages
Council Tax
Mobile Phone Plans
Students
Student Finances
Student Living Costs
Future Financial Planning
Income Planning
Future Financial Planning
A Comprehensive Guide to Personal Finance in the UK
July 7, 2023
In this guide
How to open a current account
Choose a Bank and Account Type
Gather Necessary Documents
Apply Online or Visit a Branch
Verify Your Identity
Activate Your Account
Best Standard Current Account: Barclays Bank
Best for International Students: HSBC Student Account This is essential to personal finance management.
Best for Savings: Lloyds Bank Easy Saver
Best for Digital-Only Banking: Monzo
Best for Ethical Banking: Triodos Bank
How does an overdraft work?
What types of overdrafts are there?
What are the potential fees and interest charges?
Why should overdrafts only be used for short-term borrowing? This is an essential part of personal finance management.
Tips for managing an overdraft:
What is Mobile Banking and How Does it Work?”
How is Online Banking Different from Mobile Banking? This is an essential part of personal finance management.
What Should I Know About Banking Security?
What Are Some Tips for Safe Online and Mobile Banking?
How Do You Start Budgeting and Tracking Expenses?
Are There Tools to Help with Budgeting?
How much should you save?
What is the Average UK Savings?
What is a Credit Score?
How Does a Credit Report Work?
What Types of Credit Are There?
What Are the Risks of Falling into Debt?
How Can I Manage My Debt Repayments?
How Can You Avoid High-Interest Debt?
How Do Student Loans Work in the UK?
How Do Repayment Thresholds and Interest Rates Work?
Options for Managing Student Loan Debt Post-Graduation
What is Income Tax, and How Does it Work?
How Do National Insurance Contributions Work?
What is PAYE and How Does it Affect My Paycheck?
What Happens if I Need to Earn Above the Tax or National Insurance Thresholds?
Can I Claim Any Tax Relief or Benefits as a Young Worker?
What is Investing?
What’s the Difference Between Stocks, Shares, and Funds?
How Do I Choose an Investment Platform?
What is a Stocks & Shares ISA, and How Does it Work?
What is Risk in Investing, and How Do I Manage It?
What is Return on Investment, and How Can I Maximise It?
Why is Long-Term Investing Important?
What Are the Costs Associated with Investing?
How Much Money Do I Need to Start Investing?
How Do I Know If I’m Ready to Start Investing?
What’s the Difference Between Active and Passive Investing?
What Should I Do If My Investments Lose Value?
Are There Any Tax Implications for Investing?
What is a Workplace Pension?
What is a State Pension?
Workplace Pensions
State Pensions
Planning for Retirement
Mortgages: What Are They and How Do They Work?
Renting: What You Need to Know
Other Types of Housing
Car Insurance
What type of car insurance is right for you?
Making a Claim and Important Terms to Know
Travel Insurance
How to Recognise Common Scams
How to Safeguarding Personal Information
How to Take Action if You Fall Victim
The Link Between Financial Wellness and Mental Health
Building Healthy Spending Habits
Self-Help Tips for Managing Financial Stress
