Archive for May, 2011

Finding a Job When you are Over 50

Posted in General, Money Saving on Tuesday, May 31st, 2011 at 10:09 by Jessica Haynes.

One of the realities of the economic woes of the last few years is that workers who planned on staying with their employers until retirement suddenly found themselves with no jobs. For those who were under the age of 40, finding other positions posed a problem, but not as severe as those who were already [...]

Rising Rents and Lower Property Costs may Equal Time to Buy

Posted in General, Money Saving, Mortgages & Property on Friday, May 27th, 2011 at 15:20 by Martyn Shaw.

With rents increasing across the country even as many communities are seeing the prices on homes dropping a little more, now may be a good time to look into becoming a homeowner. While obtaining a mortgage is harder than a few years ago, it may not be as hard as you think. Even so, you may find a couple of other approaches can also pave the way and make it possible to eventually buy a home.

Mortgage Rates may be Rising Soon

Posted in General, Money Saving, Mortgages & Property on Thursday, May 26th, 2011 at 10:18 by Jessica Haynes.

With many banks and other mortgage lenders concerned about what will happen to their own ratings in the months ahead, there is a good chance that potential homebuyers will see increases in the rates of interest charged on mortgage loans.

Comparing Car Insurance Plans for Your Young Driver

Posted in General, Insurance, Money Saving on Wednesday, May 25th, 2011 at 08:30 by Martyn Shaw.

It is no secret that car insurance premiums are on the rise. This is particularly true for plans that cover younger drivers.

More Utility Woes for Consumers

Posted in General, Money Saving, Utilities on Tuesday, May 24th, 2011 at 14:37 by Jessica Haynes.

If the current increases in gas and electricity are not enough, households can anticipate higher water bills this summer. While the reasons for the increase remain open to speculation, there is no doubt that consumers who are already struggling to keep up with their bills will find this an unwelcome addition to their budget woes. Fortunately, there are ways to conserve water and at least partially offset those increases.

Avoiding a Financial Meltdown

Posted in General, Money Saving on Friday, May 20th, 2011 at 11:08 by Jessica Haynes.

According to information released by Scottish Widows, a significant percentage of households would experience an almost immediate financial meltdown if the main source of income were suddenly eliminated. The ramifications of this state of events can be quite sobering for those who live from one payday to the next, and have little to no reserves [...]

Being Prepared for Unemployment

Posted in General, Money Saving on Thursday, May 19th, 2011 at 09:42 by Jessica Haynes.

While unemployment figures have dropped slightly in recent weeks, the fact is that many people are still unemployed.  As some business owners find it harder to operate as prices continue to increase, the chances that at least some employees may be made redundant before the year out is a very real possibility.  For this reason, [...]

Rise in Inflation Hurting Many Households

Posted in General, Money Saving on Wednesday, May 18th, 2011 at 11:05 by Martyn Shaw.

According to information released by the Office for National Statistics, the consumer price index reached a rate of 4.5% during the month of April 2011, somewhat higher than anticipated. Prices on essentials such at petrol, food and utilities accounted for much of the increase.

Shopping Locally and Saving Money

Posted in General, Money Saving on Tuesday, May 17th, 2011 at 10:09 by Jessica Haynes.

With many households having to curtail spending in order to manage basic living needs, there is a good chance that a number of locally opened shops will be forced to close their doors. Simply put, local shops cannot always compete with the bulk purchasing strength of the larger retailers and have no choice but to [...]

Tips on Beating Rising Energy Costs

Posted in General, Money Saving, Utilities on Friday, May 13th, 2011 at 10:31 by Martyn Shaw.

According to projections by the Bank of England, rates on gas and electricity costs will rise significantly throughout the year. While one approach to offsetting those increases is to lock in a more competitive tariff, it is also possible to employ a few different methods and save even more money. Most require making some simple lifestyle changes that result in lowering the consumption of energy.