The right approach to chasing payment
It’s all very well saying that if you do a job you love you’ll never work a day in your life, but loving your job won’t pay the bills, only cold, hard cash payments will do that, which means it\’s important to stay on top of your cash flow. With that in mind, here are […]
UK in 2019 – Almost Two Thirds of People In Debt
According to statistics from KnowYourMoney, 62% of people in the UK owe money. That’s nearly two-thirds of the population. What’s more, 67% don’t have a cash reserve to pay off urgent debts. That’s over two-thirds of the population. This would be worrying at the best of times, but with the current situation in the UK, […]
The basics of bad credit business loans
Many SMEs are in much the same position as young adults. They haven’t necessarily made any financial mistakes (and if they have they’re probably minor ones), in fact, they may always have managed their money very responsibly, but they simply haven’t had time or opportunity to build up the sort of solid, extended credit record […]
Do you have a money block?
Athletes often talk about “the wall”. It’s basically a mental barrier, which keeps getting closer and closer until you finally either bang up against it and really can’t go any further or find a way to get through it and keep going. The ability to find a way through that wall is often what separates […]
Three Simple Credit Control Tips
Cash is what keeps the wheels of business turning and effective credit control is what keeps those wheels turning smoothly. With that in mind, here are some simple tips about how to manage credit control effectively. Effective credit control starts with effective systems and processes Solopreneurs and microbusinesses may be able to get away with […]
Why do we find it so hard to talk about money?
Open any newspaper on a weekend and it’s odds on they’ll have a financial section. Look at the TV listings and it’s a safe bet that you’ll see at least a generous sprinkling of financial content. Head online and you’ll find a wide selection of sites which aim to help you manage your money (rather […]
How to repair your credit rating after bankruptcy
Bankruptcy will destroy your credit rating and frankly there is nothing you can do about this. What you can do, however, is work to rebuild it as soon as you can. Here is some guidance as to how to go about this. Check your credit files immediately after you go bankrupt and correct any errors […]
Finance tips to improve mental health
It’s understandable that money worries can lead to stress and other mental health issues. This could be because someone is short of money and is worried about how to make ends meet. It could be because someone is just getting by and is worried about the future (especially post-Brexit) or it could even be because […]
Easy money, tough debt
When payday loan company Wonga went out of business, there was a conspicuous lack of mourning for it. At best, there was a slight degree of sympathy for the ordinary workers who stood to lose their jobs. It’s easy to see why all concerned (meaning the media, the public and politicians), would feel this way. […]
Don’t miss out claiming – PPI deadline
Two deadlines are coming up very soon. Firstly, there is the deadline for reclaiming mis-sold PPI, that’s 29th August 2019. Then there’s the deadline for claiming back mis-sold loans from Wonga, which is 30th September 2019. Between these two deadlines, arguably the PPI deadline is far more important because it is likely to have a […]