Is Debt Consolidation The Right Move For You?
Interest rates look to be on a clear upward trajectory. It, therefore, makes sense to ensure that you’re managing any debts you have as effectively as possible. Debt consolidation may be a way to achieve this but only if it’s done the right way. With that in mind, here are some points to consider if […]
Protecting Yourself Against The Cost Of Living Crisis
Understandably, the majority of adults in the UK are concerned about the cost of living. Increases in the price of food, energy and fuel have placed the nation’s finances under growing pressure. As a result, the government has come under growing pressure to tackle it. Here’s a look at what could happen and what steps […]
How The National Debt Could Impact You
Like many other countries, the UK is currently having to deal with both high national debt and rampant inflation. The standard way to deal with inflation is to raise interest rates. That reality is starting to create a major headache for a lot of people. Sadly, there is a lot of scope for that headache […]
Reducing Your Running Costs
Cars have never been particularly cheap to run. Right now, however, the cost of owning one just seems to keep going up. That means now is the perfect time to look at ways to cut the running cost cost of car ownership. Here are five tips to help. Think carefully about whether you really need […]
Keep Calm And Control Your Credit Card(s)
The lockdowns themselves may seem like a lifetime ago. Their effects, however, are not. While lockdown benefited some people financially, it did a lot of damage to others. It led to people running down any savings they had and then building up credit card and other debt. If this sounds familiar, there are steps you […]
Are People Spending Again?
According to research from Nationwide, the arrival of spring has seen people spending again and bringing their wallets out for air. The breakdown of their spending patterns may give an insight into current and future concerns. Essential versus non-essential spending Overall, Nationwide members made just over 217 million transactions with a combined value of almost […]
British Banks Brace For Defaults
With inflation stubbornly high, it seems fair to assume that further interest-rate increases are on the cards, this could lead to loan defaults. On the one hand, bringing down inflation should benefit everyone. On the other hand, raising interest rates will definitely hurt people with any form of debt. That includes mortgages and student loans. […]
Borrowing Is On The Rise
The early days of COVID19 were a time of saving, at least for some. The early days of post-COVID19, by contrast, are increasingly a time of borrowing. With that in mind, here are some tips on how to borrow astutely. Keep on top of your credit record If you need to borrow then you need […]
How Will Supermarkets Survive Inflation?
The return of mass real-world shopping (at least for groceries) was probably a welcome relief for supermarkets. COVID19 highlighted just how weak their online sales channels were compared to competitors like Amazon. Now, however, supermarkets are gearing up for another huge challenge – surviving inflation. Supermarkets and the cost of living Modern supermarkets entice consumers […]
How To Protect Yourself Against Predatory Firms
COVID19 brought out both the best and the worst in humanity. On the one hand, there are plenty of tales of true heroism. On the other hand, there were also plenty of tales of exploitative practices. Sadly, at least some of these are still ongoing. With that in mind, here are some tips on how […]