20th Nov 2024
MoneyMagpie.com has added to its nest! At the end of this month we are launching whole new website called MoneyMagpie Invest The fledgeling site, which is launching in December, has been set up because of the many MoneyMagpie readers who have been asking for help with investing. The new site is in two parts: one…
11th Nov 2024
Artificial Intelligence (AI) is on everyone’s mind right now – and many are worried it’s coming for their jobs. But there are ways you can ethically make money using AI, so perhaps it’s time to lean into the AI revolution! MoneyMagpie does not support generative AI for the creation of images or text. This article…
23rd Sep 2024
Updated 23rd Sept 2024 If you’re planning on passing money or assets to your loved ones when you’re gone, your heirs could face inheritance tax bill bigger than ever before. According to the Office for Budget Responsibility, families will pay an extra £900 million in inheritance tax over the next five years. But what does…
2nd Sep 2024
In the UK, pension schemes are not the only way that you can save for a comfortable retirement. In fact, diversifying with pension alternatives can be a great way to grow your wealth and take advantage of other investments that could provide lucrative returns. In this guide, I will reveal 5 pension alternatives that you…
7th Aug 2024
Updated 7th August 2024 A Lifetime ISA (LISA) can help you buy your first home or save for retirement. A whopping 25% Government bonus gets paid on your savings – who can say no to free money?! There are, of course, some caveats. Here, we break down the LISA rules and whether you should consider…
10th Jun 2024
Updated 10th June 2024 Saving when you’re broke and over 50 may seem impossible. You’re either still in work and trying to put whatever you can into your pension pot, or already drawing down from your pension for an income much lower than you’re used to. Having no savings and a small income, and knowing…
20th May 2024
Finding ways to be held accountable for your financial choices can be a strong route to making sure you’re on your way to financial stability. Accountability buddies have been around in different guises for many years – friends who make sure the other turns up to the gym each week, or family members who go…
1st Apr 2024
So, you’re over 50 and it’s starting to feel like retirement is suddenly round the corner. You may already be thinking about the State Pension you will receive. Certainly things are looking a little better for those who rely on this in retirement. The Chancellor has increased it by 8.5% so that will help a…
21st Feb 2024
At MoneyMagpie, we’re always receiving loads of money questions and queries from our readers! We love being able to help you out with all your finance-related worries. To truly understand the amount you might need to live off interest and maintain your lifestyle, you can think about it like this: if you’re aiming to live…
19th Jun 2023
The Full Picture: What they didn’t tell you The news and contemporary media can be a great source of information on global events, politics, weather and sports. But the mainstream news can often be bias, pushing some happenings more than others, focusing on some topics heavily and neglecting others. Here at MoneyMagpie, we believe in…
27th Jan 2023
Savings apps are becoming more popular – but who should use them and which is the best? This guide helps you decide if savings apps are best for you. Do you have big plans and great ideas for your money? A holiday, a new car, a deposit for a new flat or even something as…
6th Jul 2022
Free money. It doesn’t exist right? Wrong…well, you can get back money you didn’t know you had. That certainly exists. Millions of pounds-worth of it in fact! An easy way to make money is by looking for old accounts, lost pensions and missing assets. You might be surprised at what’s there for you. Plus, we’ve…
