Employees have many decisions to make when it comes to managing their finances. Making the right decisions, for their particular needs, can be the difference between financial wellness and financial stress (and all that can come with that).
The average UK home costs more than £200,000. First-time buyers need a deposit of between 5 to 25 percent of the purchase price to secure a mortgage, so for a 10 per cent deposit on the average home cost that’s £20,000 to be saved. Average student debt can be around £50,000.
The housing market has been hit by uncertainty thanks to concerns about the failure of clarity over Brexit even as the deadline has approached.