Hello! I am Rachel, the new editor of Moneywise, and I’m so happy to be joining you all here.
In you, the Moneywise readers, I’ve found my kindred spirits: fellow money savers, savvy shoppers, keen investors, economy watchers and people who want to learn more and keep ourselves informed.
We’re from up and down the country, range from those swimming in debts to those bathing in dollar bills, and from those opening their first savings account to those enjoying their retirement savings.
But there’s one thing I think we all have in common. We all know what being wise with money is all about.
It’s not just the pounds and pence, or fiddly numbers and percentages. Of course all that matters, but being money wise goes far beyond that. It’s about our lives and our futures – the difficult stuff and the fun.
Careful pension planning is not about checking fees and returns for the sake of it. It’s about giving ourselves a future where we can take the odd holiday in our well-earned retirement, or afford to treat our families when we choose.
Getting a good mortgage is not about a love of comparing standard variable rates, exit fees and thinking about the Bank of England base rate. It’s about where we can afford to live, and how much we’ve got left over at the end of the month to spend on more interesting things.
There is so much we can learn from each other
Finding the best student bank account is not just about getting a free railcard or box of freebies. It’s about setting ourselves on the best financial path so that our earnings are maximised from the beginning of our careers.
And we know how it can be fun: the joy of finding a voucher code for something you were going to buy anyway, the sense of achievement when you manage to drive your broadband costs down with a single phone call, the triumph when you find a low-cost airfare and manage not to pay a penny more to the airline despite its best efforts to upsell speedy boarding and soggy toasties.
Dealing with financial matters can be solitary. I don’t know about you, but I’ve never heard of an energy-switching party (please tell me if you have!), I’ve never had a friend around for tea to compare fund platform charges. And there can be few things that feel more like it’s just you against the world than battling over the phone or email with a company that has treated you unfairly.
But we are a community. Here, we can share our ideas, our tips, our experiences, and help each other through these pages and our website, Moneywise.co.uk.
I would love to hear from you – your favourite ways of saving money – the more weird and wonderful the better. I want to hear about the companies, banks and retailers you think are leading the way and about your experiences when things go wrong. We’ll always try to fight your corner where we can, but also give credit when things go right. Let me know if you’re investing for the first time and how you’re finding it, or if you are a seasoned investor with advice to impart to fellow readers. There is so much we can learn from each other.
And of course I’m always keen to hear your views on Moneywise – what you’d like more of and what doesn’t work for you. After all everything we do is for you, the readers.
Meanwhile, I and my dedicated team at Moneywise HQ promise to keep you up to date with all the latest money news and what you need to know to make the most of your finances – rounded up once a month in our magazine and 24 hours a day on Moneywise.co.uk.