The Minimum Payment Trap: How a £2,000 Credit Card Bill Turns Into 12 Years
Paying the minimum on your credit card feels responsible. The maths says it can triple the cost of what you bought.
James Whitfield
@james.moneyFormer accountant in London. Plain-language personal finance for your 20s and 30s.
5 articles317 clapsJoined May 8
Articles
How Much Emergency Fund Do You Actually Need? (And Where Should It Live?)
Three to six months is the usual answer, but months of what? A practical way to size your safety net and keep it working without risking it.
Freelancers: Stop Paying Your Rent From Your Business Account
Mixing business and personal money is the most common mistake I saw as an accountant. Here's a simple system to separate the two for good.
The 50/30/20 Rule Breaks in London. Here's the Budget That Actually Works
When rent alone eats half your take-home pay, the classic budgeting split stops being advice and starts being a guilt trip.
Your First UK Payslip, Decoded Line by Line
Gross pay, tax codes, National Insurance, pension and student loan: what every line means and how to spot the mistakes that cost you money.
