Archive for January, 2010

What to Do If Your Car Insurance Rates Increase

Posted in General, Insurance, Money Saving on Friday, January 29th, 2010 at 12:30 by Jessica Haynes.

Insurance types

Figures contained in the latest AA British Premium Index indicate that car insurance rates are on the increase. For households that are operating with tight budgets, this can be sobering news. Fortunately, there are several ways to deal with the situation.

Managing Your Own Personal Recovery from the Recession

Posted in General, Money Saving on Thursday, January 28th, 2010 at 11:21 by Martyn Shaw.

Recession Recovery

While the nation is continuing to emerge from the Recession and get back to normal, many households are still dealing with the financial hardships of the last couple of years. Unfortunately, the return of inflation may complicate matters for some people as they move forward with their own personal recovery from job losses, damage to credit ratings, and a number of other unfortunate circumstances. To help you continue with your recovery, here are a few tips.

Spending Habits to Keep After the Recession

Posted in General, Money Saving on Wednesday, January 27th, 2010 at 07:48 by Martyn Shaw.

Spending

Many people coped with the worst of the recession by adopting strategies that cut costs and made it possible to still balance the budget each month. Now that the economy is improving, some have abandoned those strategies and returned to their former ways of spending. However, it your household is still in recovery, or is serious about replenishing those depleted nest eggs that helped you weather the last couple of years, it would be a good idea to continue employing some of those strategies.

How to Deal with Rising Car Insurance Premiums

Posted in General, Insurance, Money Saving on Tuesday, January 26th, 2010 at 11:18 by Martyn Shaw.

Car Insurance - scrabble letters

If your car insurance premiums are increasing, there are several things you can do to minimise the impact that the increase has on your household budget. Here are some suggestions you can use today.

Is it Time to Switch to a Fixed Rate Mortgage?

Posted in General, Money Saving, Mortgages & Property on Monday, January 25th, 2010 at 12:15 by Jessica Haynes.

House and sterling

The battle between fixed and variable rate mortgages continues to rage, with proponents of each approach presenting some good reasons why their type of mortgage is the best option. However, recent reports that indicate that inflation is beginning to rise, and that interest rates are about to move upward significantly, may give homeowners good reason to take a second look at those variable rate mortgages and consider the possibility of switching to a fixed rate.

Getting the Most for Your Old Gold

Posted in General, Money Saving on Friday, January 22nd, 2010 at 11:40 by Martyn Shaw.

Gold Jewellery

Selling off unwanted gold jewellery and other items is big business today. Competitors promise huge payoffs as a way of enticing those who need money now to stop looking and do business with them. Unfortunately, not all theses businesses promising a handsome offer for old gold is really offering a great deal. Here are some tips on how to find the right place for your unwanted gold items and turn them into cash you can use.

Using Your Debit Card Wisely

Posted in General, Money Saving on Thursday, January 21st, 2010 at 10:43 by Jessica Haynes.

Debit Card

As more and more people use debit cards rather than cash or a credit card, it is important to make the best use of this convenient resource. Doing so not only helps to keep debt to a minimum, but can also help generate a little more income for the household. Here are some tips on how to get the most from your card, while still improving your finances.

Avoiding Common Financial Traps

Posted in General, Money Saving on Wednesday, January 20th, 2010 at 10:57 by Martyn Shaw.

Financial Traps

One of the more important ways of managing your finances is to make sure any purchase or decision you make is likely to serve you well tomorrow as well as today. Unfortunately, there are many different approaches used to entice consumers to create debts they really don’t need. Here are some examples.

Insulating Yourself From the Danger of Unemployment

Posted in General, Money Saving on Tuesday, January 19th, 2010 at 12:06 by Jessica Haynes.

Unemployment - dictionary

While many people are enjoying a renewed confidence in the general state of the economy and their own personal financial situations, there is the potential for more job losses in the months to come. Many businesses that were able to stay afloat with tax deferments and other government assistance may soon have to settle up. This is likely to create some situations where additional positions are made redundant, forcing more people into unemployment.

Dealing with Increasing Credit Card Interest Rates

Posted in Credit Cards, General, Money Saving on Monday, January 18th, 2010 at 12:15 by Martyn Shaw.

Credit Cards in Wallet

As consumers struggle to pay off credit card balances that were created during the holiday gift-buying frenzy, some providers are beginning to incrementally increase the interest rates. This means it will take a little longer to pay off those outstanding balances, and that you will pay more for the privilege of using your credit cards. Fortunately, there are some strategies you can employ and minimise the impact of higher interest rates.