Are You Due For a Spending Slowdown?

Irrespective of your earnings, responsible spending is at the heart of healthy finances. Even with a comfortable household income flowing through your books each month, it is still possible to run out of money, before you’ve met all your financial obligations. Paying bills remains a top financial concern around the world, but beyond day-to-day basics, your financial goals may also include a new house, better car, or education for your children. Each of these reasonable ambitions is within reach, but only if you balance your financial flow, bringing-in at least as much money as you pay out each month. Responsible spending consistently totals less than your monthly earnings – any… read more >>

New Figures Reflect Consumer Price Relief Ahead of Brexit Departure

Just when observers thought they had a good read on the UK economy, important economic indicators may have them second-guessing conditions leading up to Brexit. Prolonged negotiations and Brexit uncertainty have led to economic instability, leaving many analysts unsure about the future of the UK economy – particularly what will happen following Brexit, which further complicates forecasts. Rising prices and stagnant wages have at times troubled onlookers, prompting UK consumers to dial-back spending amidst uncertainty. A new set of figures shows positive gains in some segments of the economy, providing a lift ahead of the historic departure. Inflationary Pressure Eases Consumer spending has filled a vital role during the run-up… read more >>

Ride These Money-Saving Tips to the Bank

Monthly spending responsibilities can be relentless, accounting for your entire income, before it even makes it to the bank. From household bills to transport expense, it usually doesn’t take long to spend your paycheck. Fortunately, you’re not without options when your finances falter. In addition to personal savings and credit cards, UK consumers rely on various short-term loans to correct cash flow shortfalls. The small, quick loans provide supplemental income between paydays, when money doesn’t quite stretch far enough to cover costs. Brief periods of financial stress are a natural part of personal money management, but if you find yourself reaching too often for credit cards or leaning too heavily… read more >>

Don’t Get Caught Out By Inflation

Volatile economics and rapidly changing world markets have an impact on family finances. The complex web of interconnected monetary interests, paired with the consumer behaviour driving spending trends, results in a wild ride, at times, sending economic indicators in every direction. Among the figures analysts consider when evaluating economic health, inflation is an important economic force for legislators and regulators to consider. And you’d do well keeping track of it on a personal level, because inflation may pose a genuine threat to your financial stability. Inflation Close to Home Inflation exerts widespread influence over individual and collective domestic financial affairs. By definition, inflation refers to the rate at which prices… read more >>

Are You Ready to Reduce Your Debt?

What’s the best way to tackle problem debt? The simple answer is that the formula is different for each credit consumer. What type of debts are outstanding? How much do you owe? How much do you make? What are your top financial priorities? Do you own a house? Answering questions such as these can help you work out the particulars, focusing your attention on debt reduction. And you can also embrace universal strategies for reducing debt – time-tested, out-of-the-box tactics for chiseling down debt until you’re free of cumbersome finance fees and weighty interest payments. Break the Cycle Managing your finances can be a challenge, but effective money management boils-down… read more >>