Students have returned to university and the kids are back in school – but are there some ways you could brush up on your own financial education?
People who work for an employer pay tax through a system called ‘pay as you earn’ . Bullock adds: “At the end of the year, you will get a P60 which details the total amounts paid to you, as well as deducted from you, like a receipt. If there’s any part of your payslip that you don’t understand, it’s really important to speak to someone in the payroll department of your company.”
“Often the same budget won’t work for every month, and there may be unanticipated expenses you might not have considered,” says Bullock. There are risks to funds going up or down with stocks and shares, however. “So take your time, weigh up the pros and cons, and then decide the best course of action for you,” adds Bullock.