Using Your Extra Income

Managing extra income wisely through savings, investments and financial planning. Articles address debt reduction, education funds, retirement income and building financial security when income varies.

Creating the Right Savings Account

Pick the right savings account by matching how often you need your money against the interest rates different account types offer.

Earning Extra Income to Clear Debt

Using extra income to pay down debt faster helps you slash interest charges and become debt-free sooner.

Extra Income for the Retired

Retirees can keep working to stay busy, boost their income, or pay off debts, with tax rules that differ slightly after retirement age.

Make Your Extra Income Work for You

Put your extra income into investments beyond a savings account to make it grow, with help from a financial planner.

Putting Money Aside for Special Projects

Set up a simple savings plan to afford the big projects you want, even if you can only put away a few pounds each week.

Save for Your Children's Education

Help your family afford university by starting a savings plan early and setting aside money each year.

Struggling on a Low Income

Practical ways people on low incomes can improve their situation through education and skills training.

What to Do if Your Extra Income Stops

Here's how to handle losing your second job and replace that crucial extra income.