1 in 11 Brits missed HMRC deadline in January with penalties up to £1.6k, don’t join them next week
Brits’ one-week warning to avoid paying £1.6k as 1 in 11 miss deadline Millions of self-employed Brits are expected to make their second HMRC “payment on account” by 31 July 2025. The number of missed deadlines has increased from 600,000 in 2022 to over 1 million this January. Missing the deadline triggers immediate […]
Expert warns of ‘hidden crisis’ as rising childcare costs push 1 in 6 parents to credit cards
1 in 6 parents are using credit cards to cover ESSENTIALS, before childcare costs Families are facing an average summer childcare cost of £1,076 per child, putting additional strain on household budgetsduring school holidays. One in six parents have used credit cards to pay for essential household bills in the last three months, highlighting […]
Piggy banks are back but Gen Z is calling them ‘smash jars’ in latest money saving hack
The nostalgic saving method is trending again on TikTok, rebranded for a new generation Gen Z is embracing ‘smash jars’, a modern twist on old-school piggy banks TikTok searches for “money box opening” are up 311% in the past week Updraft provides the pros and cons to the money saving technique, compared to […]
Fast Loans: Understanding Your Options for Quick Cash
When you’re dealing with money problems or an unexpected expense, the pressure to find a quick solution for your budget can be intense. In these moments of your life, you might browse websites for terms like “fast loans” or “fast lending,” looking for immediate assistance. The information in this article is provided for general educational […]
A Guide to Loans at a Credit Union
When you need to borrow money, you might think of high street banks or other lenders online. However, there’s another option that focuses on community and affordability: the credit union. Credit union loans can be a great choice for many people, but how do they work? This guide explains the application process, the benefits for […]
A Clear Guide to Borrowing Money
At some point in our lives, most of us will think about borrowing money. It could be for major life purchases like a car, home improvements, or funding education. Or it might be to manage existing debt. Whatever the reason, the world of borrowing can feel complicated. The information in this article is provided for […]
‘How Many Credit Cards Can I Get?’ Ask This Instead.
It’s a question people often search for online: “how many credit cards can you get?” The simple answer is that there’s no official limit in the UK. But we believe this is the wrong question to be asking. A better question is: “What is the right number of credit cards for my financial situation?” It’s […]
Brits warns to dodge the ‘temperature-premium effect’ during heatwave
Brits warned of ‘temperature-permium effect’ during heatwave. Expert warns of the real reason we spend more money when it’s hot. Spending is set to rise as the UK enters a 30°C heatwave. Data reveals the link between physical warmth and higher spending, known as the ‘temperature-premium effect’. Our Founder offers 5 simple strategies to keep […]
How to Beat Credit Card Debt as Borrowing Hits Record Highs
Five ways to beat credit card debt as borrowing hits record high. Expert tips could save people with credit card debt thousands. Latest data shows the cost of borrowing on credit cards soars to new record In the UK, online consumer searches for “credit card debt” have risen by 12% Updraft Founder advises how best […]
Brits are searching for ‘Labubu’ 193 times per minute but at what cost?
The “blind box” toy trend is fuelling a surge in impulse spending across the UK. Driven by social media hype and scarcity marketing, the craze pressures consumers into making quick, emotionally-driven purchases, often turning to credit without weighing the long-term financial cost. Latest data reveals 193 searches per minute are made for “Labubu”, as UK […]