Archive for June, 2009

Stretching a Limited Holiday Budget

Posted in General, Money Saving on Tuesday, June 30th, 2009 at 09:56 by Martyn Shaw.

Even though you may not have as much money for a holiday as in years past, there is no reason that you can’t still enjoy yourself. By employing a few basic methods, you can stretch your holiday funds a little further and have a wonderful time. Here are some ideas to consider.

Number of Buyers Continue to Increase

Posted in General, Mortgages & Property on Tuesday, June 30th, 2009 at 09:48 by Jessica Haynes.

The real estate market is enjoying more good news with the announcement that the number of people actively looking to buy new property is continuing to increase. As more buyers contact realtors about potential purchases, the demand for more homes to choose from is also growing.

Mortgage Approvals Increasing But Still Far Below Normal

Posted in General, Mortgages & Property on Tuesday, June 30th, 2009 at 09:39 by Martyn Shaw.

mortgage-keys-and-house

The Bank of England has announced that the mortgage approvals for May 2009 were the highest in the last thirteen months. While this is very good news for the real estate market, the celebration is sobered by the realisation that the figure is still well below half of the average number of monthly approvals granted prior to the onset of the recession.

Keeping the Water Bill in Check

Posted in General, Money Saving, Utilities on Monday, June 29th, 2009 at 11:01 by Jessica Haynes.

Just about everyone has heard that the cost for water charges will increase over the next year or so. Fortunately, there are a few ways to offset this increase and possibly save a little more at the same time. Whether you own a home or rent a flat, there are still ways you can keep your charges under control.

Dealing with Higher Tea Costs and Other Household Woes

Posted in General, Money Saving on Monday, June 29th, 2009 at 10:54 by Martyn Shaw.

News that tea prices are on the rise is a sobering development for many households. However, the substantial increase in the cost for a box of teabags at your local Tesco is only one example. The fact is that prices for all sorts of consumer goods are higher than a year ago and are likely to stay that way.

Beware of Sure Things When Investing

Posted in General, Savings & Investments on Monday, June 29th, 2009 at 10:41 by Jessica Haynes.

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As people begin to rebuild their financial reserves, many are looking for investments that will earn a substantial return in a short period of time. Conventional wisdom indicates that such investment ventures do come with some risk, as many investors have found over the years.

Is Your Pension Sufficient For Your Retirement Years?

Posted in Debt, General, Money Saving, Savings & Investments on Friday, June 26th, 2009 at 10:51 by Jessica Haynes.

As investments decreased in value during the recession, many citizens approaching retirement are rightfully concerned about how they will manage financially in their later years. Even with some savings tucked away, many older citizens fear that they will not have enough resources to maintain a decent standard of living once they leave the work force.

Higher Interest Rates on Savings Come at a Price

Posted in Debt, General, Money Saving, Savings & Investments on Friday, June 26th, 2009 at 10:45 by Martyn Shaw.

News that the Newcastle Building Society and Clydesdale Bank have introduced account options that offer up to five percent in interest is certainly good news for people attempting to rebuild their depleted savings. However, this attractive rate does come with some provisions.

Don’t Be A Victim Of Internet Crime

Posted in Debt, General, Money Saving, Savings & Investments on Friday, June 26th, 2009 at 10:29 by Jessica Haynes.

thief

One of the unfortunate side effects of the recession has been a substantial increase in the amount of swindling and fraudulent activity on the Internet. For people who are sometimes desperate to find a way to deal with financial woes, the proliferation of questionable mortgage refinancing programmes, get rich quick schemes and misleading credit card comparison offers can be especially dangerous.

FSA to Simplify Process for Dispensing Financial Advice to Consumers

Posted in Credit Cards, Credit Crunch, Debt, General on Thursday, June 25th, 2009 at 18:34 by Martyn Shaw.

The Financial Services Authority is making a revision to the classification and rate structures in place for consumers to seek general or focused financial advice. The changes have come about due to criticism of the previous structure, which was viewed as being too complicated for many consumers.