Uncover how falling inflation could impact your finances, learn clever ways to find lost money, discover the hidden gems of vintage shopping, and navigate the rising rental market.
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This is it... edition number 1! You've joined us at the start of our journey. Thank you for signing up to receive our weekly newsletter. You're officially a money-savvy Stepsave subscriber and we hope you find this a worthy read.
The top news in the papers this week was all about the lower than expected inflation for November, the ever rising cost of renting and some money tips for when your offspring come back to the family home.
Surprise drop in UK inflation @ 3.9% for November, as reported by The Guardian and BBC
Why read? Inflation has been front of mind for quite some time now, so some good news on the rate of inflation slowing down. Still double the government's 2% target, but good news nonetheless.
Billions of pounds of forgotten UK cash - find out if you're sitting on a fortune - Mirror
Why read? Tricia Phillips at the Mirror writes how there’s a money pile of £billions lost or forgotten in savings, pensions investment accounts, Child Trust Funds and unclaimed Premium Bonds winnings. The good news is that if you think you’ve lost money the article explains how to try and find it.
The people having a thrifty, vintage, money-saving Christmas - BBC
Why read? Julia Bryson at the BBC shares some tips on how to save money this Christmas. From advice on not over buying, to planning menus, buying second-hand 'vintage' and making your own DIY decorations.
Cost of private renting in UK rising faster than ever, says ONS - The Guardian
Why read? Larry Elliot covers the latest data from the ONS on changes in UK private rental prices. In short, they’ve kept on rising, up 6.2% in the last 12-months to November. Another record breaker.
Money tips for when your grown-up kids move back home - The Times (paywall)
Why read? Lucy Anderson in The Times explores the financial realities of welcoming those "flown the nest" back home. From groceries to insurance, rent to family dynamics, she unpacks the impact and offers tips to navigate this financial homecoming adventure.
Pay boost for 1.6 million UK workers. Minimum wage up nearly 10% from April 2024
Earlier this month, Stepsave covered the latest government announcement on the upcoming increase to the UK national minimum wage. This positively affects millions of people. We looked at what this will mean and how this compares to the real Living Wage.
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