All posts by Paul Spencer

Using A Personal Finance Calendar to Reinforce Healthy Habits

Novice money managers sometimes operate at a disadvantage in modern finance. For starters, information now moves at a staggering pace, so keeping-up with economics and financial best practices requires a substantial commitment. In addition, conditions change rapidly, so even when you are paying attention to the details, the complexity and diversity of personal finance can become overwhelming. If you feel pressure from financial deadlines or worry about the future, a finance calendar can help simplify your finances and ease uncertainty. Building Good Habits Debt and spending responsibilities expand over time, so most British households juggle a substantial number of monthly payments. Tracking bills and ensuring timely repayment are essential, ground-level… read more >>

How to Maintain Affordable Food Costs Without Sacrificing Good Taste

Food waste is a global problem, resulting in a substantial share of production spoiling before it can be consumed. Sound familiar? Unfortunately, the same sort of waste often occurs at home, on a smaller scale. If your food spending has grown conspicuous for all the wrong reasons, food waste is a likely contributor, and there may be additional factors skewing your food budget – in the wrong direction. General economic circumstances and production conditions of course impact the availability, pricing, and demand for foodstuffs. And seasonal fluctuations are also seen in the price of food. But as you grapple with the strain of high food costs, it is important to… read more >>

3 Things to Look for in a Lender

Personal finance becomes more complicated with age, as financial commitments and obligations expand and diversify. Banking grows complex, and personal debt expands to include revolving credit card balances, house loans, and car finance. Investment concerns also take centre stage as you grow older, challenging you to make the most of your earnings and set aside reserves for the future. With so much at stake, you cannot afford to leave money on the table – particularly servicing personal debt. Borrowing wisely remains a central tenet of long-term financial health. Not only does success call upon responsible borrowers to show discretion about when and how finance is used, but it also demands… read more >>

Will Car Buyers Face Tougher Affordability Review?

Consumer behavior is at the heart of economic trends, influencing the health and direction of financial markets. Credit opportunities, for example, reflect consumer preferences, initiating new forms of funding to solve individual finance needs. In some cases, however, lending practices bend to accommodate these trends, creating unsustainable conditions. The recent global financial meltdown is a prime example of what can happen when finance outpaces affordability – both on an individual and a national scale. Unfortunately, as recovery continues, growing UK finance dependence has economists and regulators concerned about the potential for another financial crisis. Recent UK economic reports show mixed results, with some indicators pointing to good health, even as… read more >>

Economic Slowdown Responds to Inflationary Pressure in the UK

Much like predicting the weather or picking stocks, economic analysts study a group of variables and make educated guesses about which way the economy will turn. And since there are many ways to measure progress and economic success, individual data can be interpreted in multiple ways. Recent UK figures show weak economic performance. And the decline is more pronounced than most economists predicted. Is Brexit to blame for the sharp slowdown? Inflation and Consumer Confidence Inflation has steadily risen since last year’s Brexit vote. The economic data for the first three months of 2017 reflect the impact of inflationary prices, as the spending pinch catches-up with consumers. Viewed alongside reduced… read more >>