Take stock of your debt and get the right advice
January 13, 2009
With the New Year coming around many people are getting their New Year’s resolutions sorted out, and for many one of the major priorities will be to sort out their finances. This year has been a particularly difficult one for most households, with factors such as the global credit crunch, the recession, soaring inflation, and [...]
Making changes to cope with the recession
January 8, 2009
Anyone that clearly remembers the last recession in the late 1980s and early 1990s will know that a time of recession can be a time of real hardship, and many people are unprepared when difficult times such as these come around.
The nation is now really suffering as a result of the recession, and many people [...]
Don’t Get Trapped By Debt
January 7, 2009
Experts will tell you that with good financial planning and by sticking to a monthly budget, you can avoid getting caught in a debt trap. While this is excellent advice, it is easier said than done. Having a good income leads to believing that you will always have money available to meet your monthly commitments [...]
Don’t lose your home over debts on your credit card
December 17, 2008
As anyone with credit card debt will know, having high interest debts such as this can be very difficult to deal with, and can really eat into your income. The situation is not helped by the fact that many costs have rocketed of late, such as energy usage costs, food prices, borrowing costs and more.
The [...]
Cutting back on the cost of Christmas purchases
December 11, 2008
As most of us are only too aware the costs associated with the festive season can really add up, and at a time when most families have faced a particularly tough year in terms of their finances the last thing that most want to do is spend what little money they do have all in [...]
Prepare For Christmas Financially
December 5, 2008
Christmas is a festive time of the year with families and friends getting together for parties and gift –giving. With buying the gifts, decorations and extra food, people often put themselves in debt that they have to start paying back once the statements arrive in the mail in January.
In addition to preparing for all the [...]
Beat rising food inflation by saving money on the cost of your groceries
November 17, 2008
Anyone that ever does any grocery shopping will be only too well aware that food prices have rocketed over recent months, and the cost of a weekly or monthly shop may now be significantly higher than it was in the past.
Even the price of staple foods such as bread and dairy products has rocketed, and [...]
How can you cut the cost of your outgoings?
October 28, 2008
All sorts of industry groups and government officials, including the Governor of the Bank of England, Mervyn King, and the Chancellor of the Exchequer, Alistair Darling, have warned that consumers in Britain have a very tough time ahead of them in terms of their finances. Household finances amongst families in the UK have been seriously [...]
What are the main benefits of consolidating your debts?
October 23, 2008
In the current financial climate many people are struggling with their finances, with borrowing costs, household bills, petrol costs, and food prices all adding to the financial strain, not to mention the damaging effects of the global credit crunch, which has made borrowing both more difficult and more expensive.
For those with debts to keep on [...]
The Pros and Cons of Bankruptcy
October 10, 2008
When you find yourself in extreme financial difficulty and it seems you have no other recourse but to file for bankruptcy, you should carefully weigh the pros and cons of taking such action before you do so.
The decision to declare bankruptcy is no doubt an agonizing one because it is an admission of failure in [...]
