Online purchases from EU are getting more expensive

Online purchases from EU are getting more expensive

Some shoppers have found their purchases from EU stores getting more expensive. It’s because not all charges are covered by a Brexit trade deal between the UK and EU. So what are these fees and how can you avoid them? I want to buy a £50 jumper from the EU, what do I need to know? Value added tax (VAT), a sales tax, has always been required on EU goods. And since Brexit, the way it is applied has changed. Previously, you would have paid the local VAT rate. So if you bought your jumper from a shop in Sweden, […]

Six best money-saving advice for cutting the monthly budget

Six best money-saving advice for cutting the monthly budget

How we spend our money has hugely changed over the past few years. We save on travel, recreation and dining out but spend more on cooking, food and online shopping. Therefore, if you want some ideas and inspirations to help you save extra money, check out our best money-saving tactics. You will be shocked at how much you can spare if you set your mind to it. Save first and spend next. Pay yourself first. If you do this, it’s a sure way towards financial independence. Use the 50%-30%-20% flexible method for budgeting. Here are the details: 50% of your […]