11 h. ago How gen Z is rewriting money rules: ‘I thrift, I splurge, I save 25%’

From vintage finds to Spotify and savings goals, four gen Zers share what budgeting looks like in their real livesFrom no-buy-years to second-hand shopping, gen Z seems to have its own unique spending habits. A global rise in the cost of living combined with a highly competitive job market means that 69% of gen Z use some sort of budget to manage their finances.Their priorities, and what they choose to save for, are different from their boomer counterparts. Gen Z is more likely to spend money on subscriptions, from meal kits to Spotify. There’s also the trend of “doom spending”, which is purchasing non-essential items to cope with either personal or wider political issues.$40 for electricity$40 for internetAbout $85 on average for gas$110 for car insurance$100 for upcoming medical procedure [not included in medical healthcare]$530 for six months of medical testing, so about $89$120 for supplements such as painkillers, vitamins, collagen powder and protein powder$45 for phone$25 for ...

Politics

12 h. ago British qualifier 'eyeing £70k of expenses' to keep Wimbledon money due to college rules

Oliver Tarvet enjoyed a sensational win in the opening round of Wimbledon and has banked £99,000 in prize money, but needs to offset thousands to stay within college rules

Economics

17 h. ago Calls to reform Lifetime ISAs over ‘nonsensical’ rules causing savers to lose their own money

A 25 per cent boost on a first-house deposit sounds a terrific deal - but the product itself can be complex and limiting

Politics

3 d. ago The easy 'hand rule' that prevents overloading your washing machine and saves money

With the cost of energy bills on householder's minds, a simple hack can cut down your costs, say experts

Politics

6 d. ago Attendance Allowance rules older people should know or monthly DWP payments could stop

Nearly 1.7 million State Pensioners receive either £73.90 or £110.40 each week on the non-means tested benefit from the DWP.

Politics

8 d. ago Summer job rules every parent needs to know this summer for their child

MoneyMagpie Editor and financial expert Vicky Parry explores employment law for under-18s considering a summer job

Society

1 week ago Savvy woman uses £1 rule to get herself out of £120,000 debt

Harriet has shared her simple '£1 rule' which helped her to get out of £120,000 debt and become mortgage-free – and she's on a mission to help others in the same situation

Economics

1 week ago DWP could pause PIP payments if you holiday abroad this summer

Millions of people on PIP may not be aware of the rules around holidaying abroad.

Politics

2 w. ago Reeves braced for OBR forecasts to blow £20bn hole in tax and spending plans

Downgrades by Treasury watchdog could force chancellor to raise taxes or cut spending at budget to meet fiscal rulesRachel Reeves is braced for revised forecasts by the Office for Budget Responsibility (OBR) to blow a £20bn hole in her tax and spending plans before the autumn budget.Even without changing the totals the chancellor set out in her spending review on Wednesday, a weaker forecast from the the Treasury’s independent watchdog could force her to find significantly more money at the budget to meet her “non-negotiable” fiscal rules. Continue reading...

Economics

2 w. ago State Pension inheritance rule helps more than two million people boost payments by over £5,000

More than half a million pensioners were receiving over £5,000 a year in inherited Serps payments in 2023/24.

Economics

2 w. ago New Winter Fuel Payment rules for pensioners who are in a couple confirmed

The Department for Work and Pensions (DWP) has confirmed the rules for the Winter Fuel Payment for pensioners who are in a couple and living together - experts have explained all

Economics

2 w. ago Cheaper mortgages and relaxed lending rules push up price of a first home

Falling interest rates and the ability to borrow more are set to push prices of first-time buyer homes even higher, after they already spiked at the start of 2025.

Economics

2 w. ago Reeves urged to rule out pensions tax raid amid mounting concern over how she will pay for her lavish spending

The Chancellor is widely expected to launch a fresh round of tax rises in a Budget this autumn as she pours money into the public sector.

Economics

2 w. ago Pension Credit payment rules older people should know before going on holiday this year

Over 1.4 million people on Pension Credit should tell the DWP if they plan to leave mainland Britain for any reason.

Economics

2 w. ago Driving licence rule change TODAY allows millions to legally take to the wheel of larger cars... with a catch

An updated weight restriction for category B driving licences has been introduced by the Government on 10 June.

Transport

2 w. ago Attendance Allowance rules older people must know or £441 DWP payments could stop

Nearly 1.7 million State Pensioners receive either £73.90 or £110.40 each week on the non-means tested benefit from the DWP.

Economics

4 w. ago Martin Lewis issues 3 'crucial alerts' over British passports as stricter checks come in

Everyone's favourite Money Saving Expert urged holidaymakers to take precautions as he talked about passports and stricter airport rules on The Martin Lewis Money Show last week

Events