Getting a better-paying job or side hustle in the UK is a major win—especially when you’ve worked so hard to build a life abroad. But as that money starts rolling in, it’s easy to upgrade your lifestyle without upgrading your financial discipline. This is where lifestyle inflation can creep in—leaving you earning more, but saving […]
📍 For Nigerians in the UK facing money struggles, you’re not alone—and there’s hope. Why Nigerians in the UK Need to Talk About Debt and Mental Health For many Nigerians living in the UK, managing bills, supporting family back home, rent, childcare, and unexpected emergencies can stretch finances to the limit. What’s worse—when financial stress […]
A Junior ISA (JISA) is a fantastic way to save or invest money tax-free for your child’s future. You can choose between a Cash Junior ISA, which earns interest like a regular savings account, or a Stocks and Shares Junior ISA, which invests in assets like stocks, bonds, and funds for potentially higher long-term growth. […]
🔖 #MoneyMatters #NaijaUKConnect #SmartSpending With the rising cost of living in the UK—rent, bills, jollof rice ingredients and all—many Nigerians in the diaspora are looking for ways to stretch their money. So, it’s no surprise that Buy Now, Pay Later (BNPL) services are becoming more popular, even for essentials like groceries and clothing. But before […]
Struggling with missed credit card or loan payments, debt, or even bankruptcy can severely affect your credit score. Bad credit is typically considered a score of 600 or lower, though any score under 670 can make it harder to access favourable financial products. But don’t worry—there are ways to work around bad credit and get […]
Life in the UK can be full of surprises—some sweet (like a random jollof party invite 🎉), and others not so sweet, like your car breaking down, a last-minute school trip for the kids, or an emergency trip to the GP. While we can’t always predict these twists, we can prepare financially—and that’s where a […]
Advice for Nigerians on a Skilled Worker visa Living and working in the UK as a Nigerian can be exciting — but also financially challenging, especially if you’re juggling visa requirements, family responsibilities, and debt repayments. Whether it’s rent, car finance, or credit cards, understanding and managing your Debt-to-Income (DTI) ratio is crucial for your […]
Saving for the future may sound like a simple task—spend less, save more—but we all know it’s easier said than done, especially with the rising costs of living in the UK. But don’t worry! If you’re ready to take charge of your financial future, here are five practical ways to start saving today. 1. Track […]
Yes! If you’re running a business in the UK, whether as a sole trader or limited company, you’ll need a business account. While it’s a legal requirement for limited companies, using a personal account for business transactions can violate bank terms and conditions. This can lead to your account being suspended or even closed, which […]
In a Nutshell: If you have the option, using your savings is almost always better than borrowing money. But if borrowing is necessary, loans, overdrafts, and credit cards can all be good choices depending on your needs. Struggling to Make Ends Meet? We’ve all been there—needing cash for an emergency or just to get […]
