Archive for December, 2009

How to Make Responsible New Year’s Financial Resolutions

Posted in General, Money Saving on Thursday, December 31st, 2009 at 08:41 by Martyn Shaw.

Happy New Year 2010

Most of us know the feeling of making a number of well-intentioned resolutions for the New Year, but ultimately failing to realise our lofty goals.  When it comes to your finances, it pays to use this time of year to consider what you can do to improve your circumstances, and temper those ideas with a [...]

Trimming Your Mortgage Debt

Posted in General, Mortgages & Property on Wednesday, December 30th, 2009 at 09:05 by Martyn Shaw.

Mortgage Debt

According to figures released by the Bank of England, homeowners in the United Kingdom did some trimming of mortgage debt during the third quarter of 2009. While this amount is less than in the two previous quarters of the year, this continuing trend indicates that households are determined to position themselves so that they can improve their economic circumstances and begin rebuilding financial reserves that were depleted during the worst of the recession.

Paying Off Your Holiday Debt

Posted in Debt, General, Money Saving on Tuesday, December 29th, 2009 at 11:14 by Martyn Shaw.

Santa IOU

According to information released by insolvency trade body R3, roughly ten percent of consumers are still paying off debt they acquired as part of holiday spending in December 2008. Many of these same consumers acquired more debt this holiday season, creating additional stress on household budgets. If you are among those who made use of credit cards to fund your gift-giving efforts, here are some tips on how to begin eliminating that debt.

Why You Should Review Your Credit Report Now

Posted in Credit Cards, General, Loans on Thursday, December 24th, 2009 at 10:13 by Martyn Shaw.

Credit Report

Many people don’t take the time to review their credit reports. For some, it is a matter of economics; they simply don’t want to pay the fees necessary to secure access to the reports. Others believe they have firm handle on their finances and reviewing the report would be a waste of time.

Should You Buy A Home Before the End of the Year?

Posted in General, Money Saving, Mortgages & Property on Wednesday, December 23rd, 2009 at 11:19 by Martyn Shaw.

For Sale Sign - Sold

According to information released by the Royal Institution of Chartered Surveyors, house prices are anticipated to increase anywhere from one to two percent during 2010. This means that now may be the right time to buy, before those increases begin to take place.

Ways to Deal with Second Year Pay Freeze

Posted in General, Money Saving on Tuesday, December 22nd, 2009 at 11:47 by Jessica Haynes.

Frozen Wages

According to the Confederation of British Industry, there is a very good chance that many workers will deal with a second year of frozen wages, as employers seek to continue recovering from the ill effects of the recession. This means that many households will need to keep finding ways to use available income to best advantage during the new year. Here are some tips on how to manage even if no pay increase is forthcoming.

Make Money While Doing Last Minute Holiday Shopping

Posted in General, Money Saving on Monday, December 21st, 2009 at 11:27 by Martyn Shaw.

Christmas cash

Many consumers have waited until the last few days before Christmas to finish their gift buying. Along with saving money by purchasing gifts at wildly discounted prices, you can also make a little money along the way. Here’s a couple of strategies that will help you do just that.

Should You Delay Holiday Gift Buying?

Posted in General, Money Saving on Friday, December 18th, 2009 at 11:27 by Jessica Haynes.

Christmas Tree with Gifts

Figures released by the Office for National Statistics indicate that retailers experienced a 0.3 percent decrease in sales for the month of November indicate that many consumers are watching closely for sales and other opportunities to finish their holiday gift shopping with as little expense as possible. However, there is some question as to whether this approach will really save money. If you had planned to wait until the last possible minute to finish your shopping, here are a few things to keep in mind.

Sell My Mobile – New Phone Recycling Price Comparison Website Launches

Posted in Credit Crunch, Money Saving on Thursday, December 17th, 2009 at 11:39 by Martyn Shaw.

Sell My Mobile

As the Christmas period moves ever closer many people across the world will receive a mobile phone for one of their gifts, but what happens to the old ones? Countless of old mobile phones are put into storage, thrown to the backs of draws and cupboards, and in some cases thrown away.

Remain on Guard Despite Improved Unemployment Figures

Posted in General, Money Saving on Thursday, December 17th, 2009 at 10:29 by Martyn Shaw.

Telephone Money Box

Data recently released by Office of National Statistics indicates that both the number of people joining the ranks of the unemployed, as well as claims for job assistance, have fallen recently. While certainly good news, households should remember that over two million UK citizens are currently unemployed, and that some people are still losing jobs each month. This means that those fortunate enough to still be working should remain on their guard and create a bank of resources that can be called upon if necessary.