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Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

How Money Works: How do cash machines work?

Have you ever wondered why some cash machines charge and some don’t - or who pays for the free ones? We explain all.

How Money Works
Have you ever wondered why some cash machines charge and some don’t or who pays for the free ones? We explain why.


An idea that was born in a bath and unveiled in Enfield, cash machines have been with us for more than 40 years.

These days millions of us use them as a matter of course - but have you ever wondered why some machines charge and others don't? Or who pays for the free ones?

Watch this video to find out.

Watch more episodes from Yahoo! Finance's How Money Works series