Category: Personal Finance

Economic Trends to Keep Your Eye On In the New Year

Economic watchdogs were kept on their toes in 2017, monitoring extraordinary conditions around the world. Among the most exciting circumstances, Brexit and other UK financial developments marked a year of ups and downs, which may continue in the new year. It has been a wild ride for Britons, responding to Brexit uncertainty and the financial fallout associated with the decision to leave the EU. By most measures, the results of the vote have not taken a catastrophic toll on UK residents or the larger economy. But the decision has added a certain amount of economic instability and contributed to some of the most important financial trends impacting Britons in 2017…. read more >>

Affordable Entertainment Alternatives for Families on a Budget

The hectic holiday season has cleared and now you’re paying for your festive purchases. The last thing you need is further entertainment spending, but family fun beckons and your kids are still looking for a good time. Fortunately, low-budget entertainment alternatives are available, keeping kids of all ages occupied. In the wake of an expensive festive season, finding fun close to home not only gives you a chance to recharge, but homespun entertainment also protects your budget, eliminating the cost of travel, meals out, takeaway, impulse buys, and other spending traps waiting beyond your front door. Explore the following home-inspired pastimes, which keep costs down without putting a damper on… read more >>

Survey Shines a Light on British Motoring Habits

The convenience of personal transportations is enough to lure most UK families – even if sacrifices must be made to keep up with motoring expenses. A new set of data highlights how Britons use their cars. Not only does the survey result shine a light on the central role the family car plays in everyday life, but participants’ responses also help put a number on the true cost of keeping a car in the UK. Motoring Costs Climb to a Surprising Level British motorists currently navigate an expensive landscape, marked by a high car tax, pricey insurance, and rising fines across the country. Coupled with a spike in petrol prices,… read more >>

How to Shore Up Your Personal Finances in 2018

As each year comes to a close, people naturally take stock of their progress reaching personal goals. Financial concerns invariably come to the forefront, prompting many individuals to ask themselves, “How can I do a better job managing my money next year?” Kicking off 2018 on the right foot may require you to make financial adjustments, so the early part of the year is the perfect time to tighten-up your personal finances and establish good financial habits for the new year. Review Pensions and Investments Effectively managing money calls for long-range vision, as well as daily dexterity with cash flow. Unfortunately, savings and planning for retirement are often pushed to… read more >>

Take Control of Your Finances This Year

January represents a fresh start for Britons, following a festive spending season. As the calendar rolls over, all eyes turn to financial matters. In most households, the first order of business in the new year is clearing seasonal debt built-up during the holidays. While the first part of the year may indeed be a time to repair your finances, there are many months looming ahead in 2018. What are the next steps toward a prosperous new year? If you share spending habits with your mates and neighbors, many of whom overspent this year, it could take as long as six months for you to pay off your holiday balances. Although… read more >>