Over the last few years, unsecured debt in the UK has risen significantly. By February 2011, Credit Action reports that the total UK personal debt was £1,454 billion. Individuals currently owe more than the entire country produced during the whole of 2010. And, much of this borrowing is at high-interest rates. Brits pay £182 million...
No one really wants to file for bankruptcy. It’s not fun and it doesn’t feel good to have to admit that you simply don’t have the money to pay your debts. However, even though it may not be an enjoyable experience, it’s also one that is extremely important and which can provide some real and...
Arguments about the family budget; maybe they happen during the monthly or yearly budget committee meeting (you are having those aren’t you?), or maybe they happen at dinner just before bed. Regardless of when they happen or where they occur, these disputes always seem to result in mudslinging worthy of a heated political bout. The...
How did your parents manage their money? If you are not sure, chances are good that your parents did not have a strong impact on the way you are living and spending (or saving) money today. However, you may not realize that what your parents did with money really did impact your own lifestyle choices....
One of the main reasons why homeowners look to remortgage is to save money. Whilst there are other reasons to consider a remortgage – to benefit from a fixed rate or to borrow additional funds – saving money is the principal aim of most. So, finding a ‘fees-free’ remortgage deal might sound like the obvious...
The Government insists that their recent budget announcements are not about raising tax but are about reforming the economy in order to enable future growth. The impact of the budget, however, will be felt by individual UK households with some gaining and some losing, and with a number of fundamental reforms set to take place,...
You will probably never hear this from online life insurance brokers but you might as well face the facts. The truth is that only the healthiest people in America get the cheapest, rock-bottom prices for a life insurance policy. It is a gift from the nation’s insurance companies. Those insurance carriers reward healthy people with...
At a glance, you would think that a couple that keeps its finances separate would have less to fight about when it comes to money issues. Research has indicated that just the opposite is true. Keeping all of a couple’s finances separated can lead to more misunderstandings in the long run. Separate Accounts can Mean...
Walmart has the largest client base in the United States for its reasonably priced goods and good services. Most of Walmart’s operations are directed towards the local customer who uses cash to purchase groceries and other items. It is the world’s largest retailer in the US due to the numerous branches in different states and...
Some banks seem to be against the giving of small business financing. The term ‘small business financing’ is used, in this context, to refer to business loans that are small in terms of the amounts given, as well as loans of all sizes advanced to businesses that are small in size. The banks in question...