Archive for June, 2010

Dealing with Rising Energy Costs

Posted in General, Money Saving, Utilities on Wednesday, June 30th, 2010 at 09:36 by Martyn Shaw.

Rising energy costs

With expectations that utility costs will increase somewhat by the end of the year, many consumers are wondering how they will deal with higher cooling costs over the summer and the larger heating costs during winter. In a time when many employers have implemented freezes on wage increases, this means the average household must learn how to accomplish more without the benefit of a raise from time to time. Fortunately, there are ways to prepare for the increase in utility costs, and still stay within the budget.

Taking Advantage of Lower House Prices

Posted in General, Money Saving, Mortgages & Property on Tuesday, June 29th, 2010 at 09:36 by Jessica Haynes.

Model house for sale

News that house prices posted a drop during May 2010 for the first time in over a year has encouraged more potential buyers to look into purchasing a first home or selling a current property in favour of a new one. While the actual number of sales is still somewhat lower than sales posted as recently as December 2009, there are some compelling reasons for buyers to start looking at what properties are on the market today.

Using Sales to Your Best Advantage

Posted in General, Money Saving on Monday, June 28th, 2010 at 13:55 by Martyn Shaw.

Sales tag

Many consumers see shopping during sales, using voucher codes, and similar strategies as ideal ways to stretch the household budget. Often, this is true. However, it is possible to constantly buy items on sale but actually do more than good to your finances. Here are a couple of suggestions to help you know when to buy and when to keep your cash and credit cards in your pocket.

Sell Assets Now Or Later?

Posted in General, Savings & Investments on Friday, June 25th, 2010 at 11:48 by Martyn Shaw.

Capital Gains and Losses

Increases in capital gains taxes are expected to lead some investors with high earning assets to hold onto them for the foreseeable future. However, since the implementation of the increases did not result in any significant rise in trading activity between the announcement and the implementation of the increase, speculation regarding what investors will do in future covers a wide gamut. The question is, should you sell off assets now, or wait until a later date?

Exploring Different Ways To Build Savings

Posted in Credit Cards, General, Money Saving on Thursday, June 24th, 2010 at 12:30 by Jessica Haynes.

piggybanksaving

Many people who saw their savings accounts as the foundation of their plans to be financially secure have had to rethink that strategy. With rates low and not much hope for change in the near future, looking into other methods of earning a modest but consistent return is essential. Here are a couple of ideas that may work for your household.

Managing the Deficit in Your Home Budget

Posted in Credit Cards, General, Money Saving on Wednesday, June 23rd, 2010 at 11:22 by Martyn Shaw.

creditcardandhand

With governmental budget cuts looming in the horizon, consumers may do well to implement some cost cutting measures of their own that will help minimise their overall debt and provide greater stability to their personal finances. This can be accomplished in a number of ways, with many of the strategies used by the government equally suited for use at home. Here are some examples.

Coping with the Upcoming Public Spending Cuts

Posted in General, Money Saving on Tuesday, June 22nd, 2010 at 10:46 by Martyn Shaw.

Budget Cuts

With the upcoming public spending cuts projected to impact those who can least afford it, the need to begin preparing for the cuts is now. Fortunately, there are several ways to begin now and minimise the impact of the cuts before they actually begin to exhibit any influence on the local economy.

Shopping Around For Financial Services

Posted in Banking, Credit Cards, General, Loans, Money Saving on Monday, June 21st, 2010 at 10:47 by Martyn Shaw.

Childrens Building blocks Finance

When looking for financial services such as savings accounts or loans, most people turn to their local banker. In times past, this approach worked very well, especially if the consumer had a long-standing relationship with the bank. In today’s economy, however, automatically turning to your bank may or may not be in your best interests.

Avoiding Fraudulent Lenders

Posted in Credit Cards, General, Loans, Money Saving on Friday, June 18th, 2010 at 10:05 by Jessica Haynes.

Consumer Loan and Application

With so many people finding it hard to secure loans for car financing, mortgages, and other forms of lending, a number of scam artists touting fake loan offers have emerged. Often appearing as legitimate loan agencies, these con artists sometimes sweeten the deal with promises of a credit card account to help rebuild damaged credit. Fortunately, there are ways to identify this type of questionable offers from proper loan arrangements provided by reputable lenders.

Wise Financial Planning Enhances Your Quality of Life

Posted in Credit Cards, General, Money Saving on Thursday, June 17th, 2010 at 10:00 by Martyn Shaw.

Financial PLanning, Notepad, calulator and pen

A recent study released by Aviva indicates that people who feel in control of their finances are much more likely to be content with life overall. This should come as no surprise to anyone who has gone through a period of financial reversal, and dealt with the debilitating effects of that condition. The good news is that is you are still striving to regain control of your finances after the events of the last few years, there are ways to go about doing just that.