Moneyquids

Money matters and financial literacy for young adults

Focusing on money matters and financial literacy for young adults, Moneyquids aims to educate and expand your personal finance knowledge. Providing guidance and resources to help you confidently make more informed financial decisions, from investing and saving to buying a home. Use the links in the blocks below to access our financial content.

Blue piggy bank with a pink and yellow one in the background

Save & Invest

Your Home

Work & Tax

Calculators

Your Finances

Student Loans

MQ’s four finance features

Budgeting

A fundamental tool in money management, ensuring you don’t spend more than you earn. Budgeting allows you to track your income and expenses and see where you can cut back on spending. Budgeting can help you achieve your financial objectives, such as saving for a house.

Compound interest

Einstein’s 8th wonder of the world, compounding interest is a powerful financial tool that helps your money and investments grow exponentially over time. For example, saving £100 a month for 5 years earning 4% compound interest returns £6,630, while a return of 5% increases this to £6,800.

Investing

Aim for a diversified portfolio, investing in different companies and industries, invested within a tax-free stocks and shares ISA. Invest small amounts regularly as this mitigates against price fluctuations. Reinvest dividend income to benefit from the power of compounding.

Saving

Even in difficult economic times, saving just a small amount every month adds up over time. Ensure you build a rainy day fund to cover any unforeseen expenses. Having savings improves your financial resilience giving you more financial freedom and choices in your life.

Blog

Welcome to our blog where you’ll find more super helpful content to guide you on your financial journey. Use the selection option to target specific subject matter.