Recent graduates have recommended these sources as being helpful for sorting money matters, such as budgeting, opening bank accounts, saving and borrowing.
Banks recognise this is new territory for many graduates – don’t be afraid to ask questions and do query anything you don’t understand.
But be aware of banks’ sales culture. Don’t feel pressurised into making any instant decisions. Do your own research, compare views and products, take time to think things over.
Free Independent Money Advice
The Money Advice Service (aka ‘What Does MA Think?‘) is a free service, set up by the government.
Whilst they can’t give specific product recommendations, they do offer unbiased advice on financial matters – including some guides tailored to graduates e.g.
Managing your money, whether you are starting your career, doing postgraduate education or travelling
The Money Advice Service provides a good starting point to help you make informed choices:
- Online information, tools and planners, videos and printed guides
- Support via online web-chat, phone, social media, or email
Contact Money Advice Service
- Money Health Check – Money Advice Service
A free online tool to start sorting out your finances: Fill in your personal circumstances and it identifies which areas to tackle to improve your financial situation, with tailor made plans and tips
Other Online Sources
Founded by journalist and presenter Martin Lewis (OBE)
- Includes money-saving guides, tips, tools and techniques
- A good comparison website: best buys on financial products, utilities, travel and motoring etc. as well as a deals and vouchers section
- There’s also a popular MSE forum for discussing consumer issues, sharing ideas etc.
Free online advice on key money matters, plus reviews of financial products and services.
A personal advice service is available on many issues (usually for a fee).
The latest news and views on all sorts of money matters.
Entertaining bite size films explaining a variety of subjects e.g. savings, investments, credit cards and pensions.