Welcome to “Master My Money”: Understanding money just got easier
•Master My Money is your guide to the world of money. In a series of blogs, we’ll break down the fundamentals of personal finance.
Whether it’s confusing terms like APR or AER, understanding the different types of bank accounts available to you, or how your credit score can impact your ability to borrow money, we’ve got you covered.
This hub will host a range of blogs including:
Money 101 – Breaking down some of the most important money topics
Income – From payslips to pensions, we help you understand your income
Expenditure – Explaining outgoing costs, household bills and tax codes
Spending – How to budget, what you’re able to spend per month and other helpful tips
Savings – Teaching you about the different ways to save and why saving is important
Learn more about Master My Money:
Why have you launched this now?
The cost-of-living crisis continues to impact people up and down the country with rising inflation and economic uncertainty. We believe that consumers need support and resources to help improve their financial outcomes and this hub will act as an essential one-stop-shop for personal finance tips, helping to give you more control over your finances.
Who is The Money Charity?
For over 25 years, The Money Charity has been the UK’s Financial Capability charity and their vision is that everyone achieves financial well-being by managing their money well. They empower people across the UK to develop the skills, knowledge, attitudes and behaviours to make the most of their money throughout their lives.
By proactively providing education, information, advice and guidance to people of all ages and at all stages of life, they help people get to grips with their money and increase their financial well-being.
What is The 2025 Fintech Pledge?
The 2025 Fintech Pledge has brought together companies such as digital bank Zopa and credit score provider ClearScore to help people in the UK build up their financial resilience and better protect against the rising cost of living.
So far, 37 companies, charities and other organisations have signed up to the pledge and its goal of achieving 10 million positive consumer actions by 2025.
The Pledge is funding projects like Master My Money as well as workshops run by The Money Charity to give people more financial confidence and resources. It will continue to create new tools to support UK consumers over the next two years.
Stay tuned here and on TikTok at @MasterMyMoney for more on this very soon.
Latest Articles
Money Helper’s tips for three key finance topics
Master My Money caught up with the MoneyHelper team, the online resource run by the Money and Pensions Service on a few extra personal finance topics.
Eight ways to start saving successfully
Having a savings fund can make all the difference to help pay for unexpected costs or achieve your goals. To get going, here’s eight top savings tips.
Saving money as a driver
Many drivers know the cost of owning a vehicle can feel incredibly high. However, with some simple tips, you could end up with some extra change.