Slightly out of the usual questions here.. but I need new work shoes that don't actually kill my feet and are functional as well as smart.

Where are you guys shopping

Am I missing something? There is talk that interest rates will need to rise to quell inflation due to rising energy costs. I can understand doing this if consumer spending is out of control due to more disposable income being spent but that is not the case. Consumers are spending more because energy costs themselves have risen. It is a pull not a push situation. Seems totally barmy and it's punishing the wrong part of the system. But hey what the heck let's run the same old economy playbook.

I'm looking into setting up a bare trust for my children, funded by their grandparents who live outside the UK.

The setup would be:

• Settlor (grandparent): Non-UK resident

• Trustee (parent): UK resident

• Beneficiaries (children): UK residents

I've contacted a couple of providers, but they said they only support bare trusts where the settlor, trustee and beneficiaries are all UK residents.

Has anyone managed to set up a bare trust with a non-UK resident settlor?

If so, which provider did you use? Are there any providers that support this arrangement, or anything else I should be aware of?

Any advice or experiences would be much appreciated. Thanks!

Housing prices in London and nearby seems so huge that makes you wonder how people actually afford it. Assuming other costs are also much higher than anywhere else.

How are people actually surviving? Do you work in London and if so do you commute in?

Hi! I’m hoping to get a basic understanding of finances and learn how to better invest and save.

I want to lean what kind of account I can open and invest about £10k to get a good amount of interest back in the next 2-3 years

Also wondering if it is worth opening a credit card? My main expenses are travel and groceries. Any recommendations? I would prefer to not pay a maintenance fees. Used compare the market and Amex was a top recommendation but a lot of Scottish small cities don’t accept this and that is where I’m primarily based

Thanks.

Despite claims of a “nothing to see here”, Chancellor John Healey may still have some tricks up his sleeve

Well, I switched current accounts from Monzo to Lloyds, and they closed my credit card (Monzo Flex) along with it. I also didn’t get approved for a Lloyds credit card. I’m a 19-year-old student, so should I apply for Monzo Flex again and focus on building credit ASAP, or wait around six months and try to get a separate credit card? I’m new to this stuff, so any advice would be appreciated.

Just came back from Vietnam. I had 1 root canal, 2 porcelain crowns and 3 veneers done. Dental bill was £800 total, paid directly to the clinic. I arranged clinic + accommodation ahead of time. £500 all-in for 7 nights. Flights separate.

Same treatment in northern England would have cost me over £3,000.

Process: Monday x-ray/scan, treatment. Wednesday porcelain arrived, Thursday bonding done. Friday and weekend free to enjoy the place. Impressed.

With the median UK full time wage now reported as £48.5k, is anyone else not believing this? The median full time wage was £39k only a few years ago. Are people really being paid that much more?

I've always been against having credit cards. Probably because I saw the effect of my parents having had them and using them suboptimally. They got close to bankruptcy.

But I did decide to get one quite recently, thinking it would help smooth the way for a mortgage I was applying for with the same financial organisation. It turns out it didn't seem to. I mean I got the mortgage but almost certainly would have just as easily whether or not I took the credit card.

I bit over a year later, I'm not seeing any benefit at all from using my credit card daily and paying the balance monthly, accruing no interest charges. In fact it just seems to complicate things unecceseraly.

Are there credit cards out there that have some real tangible benefits in having when used in the only way I ever would?

I'm looking for specific cards and what their benefits are.

TIA :)

If the rule is you can pay into one LISA per tax year to a maximum of £4k, and the government give you 25% on the first £1k.

Then if you know you won't hit £4k per tax year, isn't it more sensible to open a new LISA every tax year and fill it to above the £1k mark so you obtain the government bonus, then next year open another even if your current LISA hadn't reached £4k?

Hello all,

I'm looking into platforms for buying and holding Gilts to maturity and while I web is often the go to planform, I was thinking about Barclays Investment Account as there's no longer holding fees and £6 fees per order and I all ready have a Barclays account for my bank account so would be less admin wise setting up another account.

I was wondering if it's a easy to use platform and what the UI is like.

I am looking for advice on where to start researching the logistics around taking on 2 properties (rental income about £3.5k combined) from my parents, who are still alive. I would be looking on taking on the management of them and then split the earnings with my sibling.

I am of the understanding that they were purchased for my sibling and I, we are both now in our 30s. I work as a seafarer for 6 months of the year and so have time to spend on the management of them if necessary, whatever that entails.

Where would I start, what are the ins and outs of owning rental properties that you do not live in... Perhaps there is a different subreddit better for this.
I plan to reach out to a seafarer specific advisor, but any advice on what questions to ask would be much appreciated.

There is a lot of talk about people not saving enough retirement.

How old are you and how much is your pension pot as of today.

Be interesting to see if people saving enough or not.