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How Money Works

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How Money Works
6 December 2019

The Reverse 1p Saving Challenge: a saving challenge that actually gets easier

Save £671.61 in 2020 with the Reverse 1p Saving Challenge!

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How Money Works
1 January 2020

Save £671.61 in 2020 with the 1p Saving Challenge!

Start on the 1st of January by saving just 1p.

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How Money Works
Pots
6 December 2019

The spender's guide to saving money

Always overspending? Here's how Monzo can help you save money.

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How Money Works
Loans Help
5 December 2019

What is a secured loan and how do you know if it's right for you?

A secured loan gets secured against one of your assets; typically your home or your car. We've put together some information to help you decide whether it's right for you! 💸

Car Finance options - image of a car
How Money Works
Loans Help
5 December 2019

Hire Purchase, PCP Finance, Or Loan: Which car finance option is best for you?

We've put together a short guide on the different car finance options and deals you might consider when buying a new car. 🚗

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How Money Works
Loans Help
2 December 2019

How do you pay off a credit card?

Paying off a credit card can seem daunting. Here are some top tips on how to pay off your credit card 💳

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How Money Works
Budgeting Tips
Pots
29 November 2019

How to use the envelope method to budget your money

Money-saving gurus like Martin Lewis and Dave Ramsey love this powerful budgeting method. And it's gained a cult-like following because it's simple to use and helps you see your money clearly.

Illustration of a Monzo card and another debit card
How Money Works
19 November 2019

5 reasons to consider getting a second bank account

It's a common misconception that you can only have one bank account. And having another bank account can help you budget or find a bank that works for you.

How to save for grandkids - image of a teddy bear
How Money Works
How to Save Money
Savings Account Guides
15 November 2019

How do you start saving for your grandchildren?

There are a few ways you start saving money for your grandchildren, from opening a savings account to premium bonds. We've listed some tips here 💰

How can I get out of overdraft - image of a wallet
How Money Works
15 November 2019

How do I get out of my overdraft?

Finding yourself in overdraft is completely normal and managing money isn't easy. We've put together a few tips on how to get out of your overdraft...

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How Money Works
How to Save Money
14 November 2019

How to save money on car insurance

We’ve put together a few tips on how you can save money on car insurance!

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How Money Works
How to Save Money
Savings Account Guides
14 November 2019

How much money should I save?

In an ideal world you’d try to save as much as you can afford each month. But we know that starting to save money can be tough, especially if you're saving for the first time. 

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How Money Works
13 November 2019

Save money when you tweet with Monzo

Put your tweeting to good use with this handy saving tip!

Savings Pot
How Money Works
How to Save Money
7 November 2019

The 5 ways you can save money for your kids

There are different options that vary from opening a children’s savings account to setting up a pension. So it’s important to find something that’s right for you and your children.

How Money Works
How to Save Money
31 October 2019

4 ways you can start to save money as a teenager

Whether you're looking to get a new phone, save money for a holiday with your friends, or even buy your first car, saving money as a teenager is hard.