Money Guides

APR vs interest rate explained: the interest rate is the cost of borrowing itself, while APR also includes certain fees. See a simple $10,000 loan example.

Learn how compound interest works, with a worked example: $1,000 at 5% a year for 10 years grows to $1,628.89, plus the same example in pounds.

On $5,000 take-home pay, the 50/30/20 rule gives you $2,500 for needs, $1,500 for wants and $1,000 for savings and extra debt payments. It’s a simple starting point for a question most people ask: how much of my pay should I save? It splits your take-home pay — the money that actually lands in your … Read more

Why moving into a higher tax bracket never lowers your take-home pay, explained with simple US and UK examples.

How big your emergency fund should be, where to keep it in the US or UK, and a simple step-by-step plan to build it.

Compare the debt avalanche and debt snowball methods with a worked example, and find out which one suits you.

The rules of thumb lenders use (28/36 in the US, income multiples in the UK) and how to work out a safe home budget for your situation.