Everyday Finance
Buying a Treasury bill: how a discount becomes a return
Understand how a Treasury bill earns a return, calculate a simple holding-period gain, and separate a maturity payment from an annualised yield.
MONEY, MADE UNDERSTANDABLE
Everyday Finance
Everyday Finance
A Premium Bonds prize-fund rate is not your personal return
Understand what a Premium Bonds prize-fund rate measures, why individual returns vary, and how to compare it with interest-paying savings.
Everyday Finance
Monthly insurance payments can include the cost of borrowing
Compare an annual insurance price with its instalment total, and find out whether monthly payments include interest, fees or a separate credit agreement.
Everyday Finance
A Loan Payoff Quote Has a Date That Your Balance Screen Does Not
Check the date and payment instructions on a loan payoff quote before treating the account balance as the amount needed to close the debt.
Everyday Finance
Before You Take Cash From a Credit Card, Check These Costs
Compare the fee, interest start date and repayment rules before using a credit card to withdraw cash.
Everyday Finance
A Joint Account Needs an Agreement About Everyday Use
Before sharing a bank account, agree what it pays for, when contributions arrive and how both people can follow the money.