The emotional side of debt repayment
Dealing with debt is now very much a mainstream issue, which has its pros and cons. The pro is that there is now a substantial body of high-quality and relevant content available online to help people address their debt issue. The con is that there is also a substantial body of low-quality and misleading content […]
Can you say goodbye to your biggest debt.. Mortgage?
For most people in the UK, buying a house means getting a mortgage and clearing this mortgage can be one of life\’s most satisfying experiences (and not just from a financial perspective). Being able to clear your mortgage early may seem like an excellent goal, but even if you reasonably think you can and even […]
Debt Management Tips
Arguably the best debt-management tip of all is to avoid all debt unless it is used for the purchase of an asset, be that a tangible one, such as a house, or an intangible one, such as an education. If, however, you already have debt, then you can save yourself money (and potentially stress) by […]
Paying bills when you have no money
A sudden loss of income can cause havoc with your finances and leave you wondering how you will manage to pay your bills. Instead of just crossing your fingers and hoping that it won’t happen to you (or that luck will see you through if it does), plan ahead with these 7 tips. Minimise your […]
Why Debt is Hitting Millennials Hard
Although student loans are certainly a controversial topic, in practical terms, they are not the brutal handicap on young adults that the headline figures might appear to suggest. The fact of the matter is that student-loan repayments are based on income so nobody is going to be left struggling to find debt repayments when they […]
Dealing with different debt situations
If you’re in a relationship and you have debt then one way or another your debt situation will need to be addressed in partnership with your other half as it is going to have some degree of impact on them. If you both have debts, then tackling them together can make sense both practically and […]
What the spring statement means for debt
This spring statement should, in theory, be the last major update from the chancellor before Brexit. As such, any forecasts should arguably be seen in the light of the caveat that the UK is about to enter territory which is, at best, lightly charted (no other country has yet to exit the EU, but the […]
The importance of staying aware online
While optimists say that “every cloud has a silver lining”, pessimists comment that “every silver lining has a cloud”. Perhaps it would be kinder to say that every benefit comes at a price. For example, in the 21st century, we enjoy the massive benefits of the digital world which has brought us hitherto unimaginable levels […]
Do money-management apps solve problems or create them?
Back in the days when the world ran on cash, making a purchase required a number of steps, starting with ensuring that you actually had the cash on you (and potentially having to go to a bank to get it, or at least to an ATM) and often ending with you double-checking the change that […]
Are we now storing up trouble with credit?
Never borrowing (or lending) money might sound good in theory, but in the real world borrowing and lending is a part of life, whether that’s paying your friend back for the taxi you shared but they paid or taking out a mortgage to buy a home. What’s more, borrowers can now access credit from a […]