Archive for February, 2010

One Way to Begin Saving Now

Posted in Banking, General, Money Saving on Friday, February 26th, 2010 at 11:10 by Jessica Haynes.

House Savings

According to information released by National Savings & Investments, a significant number of people in the United Kingdom have never made an attempt to create and contribute to any type of savings plan. In fact, some people wait until they are well past the age of forty before they take the idea of saving seriously.

Avoiding Overdrafts

Posted in Banking, Credit Crunch, General, Money Saving, Mortgages & Property on Thursday, February 25th, 2010 at 09:58 by Martyn Shaw.

Overdraft close up

While overdraft cover is a great option to have in the event of an emergency, the fact is that even the relatively inexpensive overdraft protection can be quite expensive if you spend an entire year living in the red. Your best option is to arrange your finances so that you never have to use the protection, and thus avoid accumulating the fees.

Enhancing Your Job Marketability

Posted in Credit Cards, General, Money Saving on Wednesday, February 24th, 2010 at 12:35 by Jessica Haynes.

JobApplication

A report recently released by Price Waterhouse indicates that there is still a strong possibility that more employers will eliminate jobs over the course of the next twelve months. Even among those who feel their jobs are secure, the need to proactively make sure they can catch the attention of a new employer is very important. Here are some tips to help you with this process.

Why You Should Diversify Your Investments

Posted in Savings & Investments, Utilities on Tuesday, February 23rd, 2010 at 13:01 by Martyn Shaw.

Investments file

With finance experts encouraging individuals to begin building up their investment portfolios, now may be the time to evaluate the holdings you already own, and decide what types of investments would create a proper balance among the assets. Far too many people find one type and stick with it, an approach that can leave them vulnerable to shifts in a given market. As you make plans for investing, keep the idea of diversification in mind.

Managing Your Utility Costs

Posted in General, Money Saving, Utilities on Monday, February 22nd, 2010 at 12:38 by Jessica Haynes.

Lightbulbs

It’s no secret that many households are having trouble keeping up with the cost of gas and electricity today. While some of the difficulty will subside as winter turns to spring, the fact is that many of those who experience trouble heating in winter will have similar issues with cooling the home during the summer heat. Fortunately, there are a few simple tips that you can use to make it easier to heat and cool your space, whether you live in a flat or a mansion.

Dealing with a Tougher Mortgage Market

Posted in General, Mortgages & Property on Friday, February 19th, 2010 at 11:00 by Martyn Shaw.

Mortgage & keys

The Council of Mortgage Lenders has determined that January 2010 saw the most substantial drop in mortgage lending since February 2000. While a decrease was anticipated as part of the after-holiday lull, the dramatic nature of the decrease has some consumers worried about having trouble obtaining a first mortgage or successfully refinancing an existing one. Fortunately, there is still a significant amount of competition between lenders, even as some of the better deals are no longer available.

Stretching Your Monthly Income

Posted in Credit Crunch, General, Money Saving on Thursday, February 18th, 2010 at 13:07 by Jessica Haynes.

Strectching Money

For many people, a raise is highly unlikely this year. If that situation applies to you, then the time is now to begin finding ways to stretch the income that you can depend on. Fortunately, there are plenty of little ways to manage this process without creating a great deal of stress in your life. Here are a few suggestions.

Overcoming High Interest Rates on Credit Cards

Posted in Credit Crunch, General, Money Saving on Wednesday, February 17th, 2010 at 13:06 by Martyn Shaw.

Wallet with Credit Cards

It’s no secret that credit card interest rates are higher on average than the interest rate on many bank loans. The incremental increases in interest rates mean that the excellent rate you received with one of your credit cards a few years ago is likely no more. Fortunately, there are a few ways to manage your use of plastic and reduce the impact that these higher rates have on your financial well being.

Safeguarding Against a Job Loss

Posted in Credit Cards, Debt, General, Money Saving, Utilities on Tuesday, February 16th, 2010 at 13:29 by Jessica Haynes.

Paying Bills

A report recently released by KPMG and the Chartered institute of Personnel and Development indicates that the current stabilisation of employment may be nothing more than a temporary lull. For people who’ve managed to hold on to their jobs over the last couple of years, this means that there is still some chance of being made redundant sometime over the next year or so. With that possibility in mind, now is the time to arrange your finances so you can cope with the job loss if it should come to pass.

Saving Money at the Supermarket

Posted in General, Money Saving on Monday, February 15th, 2010 at 13:05 by Martyn Shaw.

Trolley of Supermarket food

As accusations about what supermarkets are and are not doing to keep the cost of food within reason, the fact is that you still have to make choices about what to serve at the dinner table. Fortunately, there are ways to purchase nutritious foods and stay within your budget, although they do require some advance planning on your part.