Category: Uncategorized

Feeding Your Family Without Starving Your Budget

To look at some of the news of late, you might be tempted to say that Britain is headed for a food crisis, and you wouldn’t be totally off the mark. It’s not just the fact that the first quarter of 2017 brought news of a serious vegetable shortage, with British supermarkets being forced to ration veggies such as broccoli and iceberg lettuce after floods and storms decimated crops across the Mediterranean. There is also the fact that food prices are rising globally due to inflation, which is predicted to push more Britons closer to the poverty line. It is easy to understand why it’s getting more difficult for many… read more >>

Avoiding Traps When You’re in a Cash Crunch

Financial problems can be very stressful, but sometimes the “cure” can be worse than the “disease”. An attempt to solve stress caused by money problems shouldn’t create more stress, but for some people, this is exactly what occurs due to the unscrupulous practices of some financial product providers. People dealing with money issues are often uniquely vulnerable, and it’s easy for them to fall into these companies’ traps. You can avoid such a fate by educating yourself about the choices available to you when you’re in a cash crunch. Keeping the wolf from your door(step) It wasn’t too long go that the new payday loan industry was feeling its oats,… read more >>

Millennials and Credit: Escaping the Catch-22

George Bernard Shaw reportedly said that it’s a pity that youth is wasted on the young. But being young isn’t always all it’s cracked up to be, particularly when it comes to personal finance issues such as credit. Millennials – those born after 1982 – have unique credit challenges that are only now beginning to be addressed seriously. If you are young and find yourself struggling to build credit, you’re certainly not alone. It’s important that you know about the options that are available to you so you can make fully informed choices. The millennials’ “catch-22” A “catch-22” – the term comes from a 1961 novel by Joseph Heller –… read more >>

Putting the Brakes on Impulse Spending

Smart management of personal finances requires three basic elements: optimising income, reining in expenditures, and choosing the best savings and/or investment strategies. For many people, it’s the second element that snags them: one of their biggest challenges is keeping their spending under control. And for those who spend much of their life online, impulse buying can turn into a serious problem. Perhaps you’re experiencing such a problem. If so, you may have discovered that while technology has made money management easier in many ways, it has also made spending far too easy. That said, don’t think that you’re doomed to wallow in a never-ending cycle of impulse buying, buyer’s remorse,… read more >>

Breaking Up Is Hard to Do, But Don’t Let It Destroy You Financially

Celebrity divorces – particularly messy, scandal-ridden splits – always make good fodder for the international tabloids and the entertainment “news” shows. There’s no doubt that divorcing celebrities exist on a completely different plane than most of us, and although they most assuredly have emotional issues to deal with as their breakup progresses, they are not likely to suffer much financially. That’s not the case with the average couple contemplating divorce in the UK. Though we can’t speak to the emotional pain of ending a marriage, we can discuss some ways to minimise the financial stress associated with a parting of ways. Be aware of the issues that divorcing couples face… read more >>