The Financial Habits We Inherit 

September 5, 2011

More than half of Brits said they shared some or all of their parents’ financial habits, according to a survey by creditexpert.co.uk. The five most common habits people said they shared with their parents were: Avoiding debt Always reading the small print Checking bank and credit card balances and statements Saving regularly so they always [...]

The UK’s Debt Hotspots

August 3, 2011

A new survey pinpoints the UK’s best and worst places for personal debt. People living in Uxbridge are likely to have more personal debt than those living anywhere else in the country. Motherwell, Wigan, Ilford, Romford and Luton follow as the most over-indebted towns. The residents of the North East, Durham, Newcastle and Sunderland, were [...]

Is £1 Million Enough To Retire On?

August 1, 2011

When I was young, being a millionaire was a really big thing. One million quid was a stupendous amount of money, enough for most of us never to bother doing another stroke of work ever again. Today, it’s all different. According to Experian, the credit agency, there are about 50,000 millionaires in Britain, with hundreds [...]

About Your Credit Report

July 20, 2011

Try to borrow money, sign up for new plastic or get a new mobile phone and your ability to obtain credit depends on how you measure up against the lender’s wish list for profitable customers. To make this decision they use a secret technique known as credit scoring. This is a risk based, number crunching [...]

Maximising Your Income

July 2, 2011
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One simple way of trying to clear your debts is to increase your income. Here are 10 ways in which you can do this. 1. If you have adult children or other family members living with you, make sure they are paying enough towards the household bills. 2. Check with your local tax office that [...]

Saving Money With Utility Bills

June 25, 2011

This is perhaps the easiest way to save money possible. A mix of regulation and competition laws means the old incumbent suppliers, that’s British Gas and your regional electricity company, charge substantially more than the cheapest on the market. If you have already switched supplier, then ensuring you’ve switched to the very cheapest can still [...]

Citizens Advice Bureau Vital For Helping With Debt

June 2, 2011
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For anyone that is facing significant debt problems and may be worried where their financial situation could be leading them, seeking help from the Citizens Advice Bureau is a logical first step to take. An, independent, and confidential service, citizens advice staff can provide help over the telephone or face to face, and with local [...]