Students: Don’t Fall Into These Money Traps
September 2nd, 2009
It’ll soon be the start of the University year, and for those thousands of freshers without a simple grasp of how to keep hold of their money, here are 4 debt traps that students can easily fall into.
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Total Debt To Income Ratio
July 6th, 2009
Over at AllFinancialMatters, JLP recently asked his readers what their total debt to income ratio (DIR) was. This calculation looks at the total debt you owe, including mortgages, loans and everything else, divided by your income.
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Majority of Young Bankrupts Are Women
July 3rd, 2009
Some interesting stats on bankruptcies over at WalletPop, pointing to an accountancy firm survey which shows that there are more women from the 18-24 age group going bankrupt than there are men.
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OFT Shuts Down Fake Debt Advice Websites
March 9th, 2009
The Office of Fair Trading is telling people in debt to be careful if they’re searching for debt help online, as they’ve recently ordered 11 companies to shut down “fake” debt advice websites.
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Tips On Surviving The Recession
October 25th, 2008
As part of the BBC’s reports on The Downturn, they’ve posted a series of tips and further reading for helping cope with a recession.
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Trouble Paying Your Mortgage? Try These 7 Tips
October 18th, 2008
It’s a sad fact that over 19,000 homes were repossessed in the first half of this year, and with the way things are going, that figure should be easily surpassed during this second half.
So if you’re struggling to pay your mortgage, what should you do? Here are 7 tips (plus …
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Are You Feeling The Crunch?
July 14th, 2008
FreeMoneyFinance recently asked are you feeling any economic pain, so I thought I’d look at the same subject from a UK perspective, and poll Money Watch readers on whether you are feeling the effects of the credit crunch yet? When I say crunch here, I’m …
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Why Saving Money Is Like Losing Weight
June 1st, 2008
In the past couple of years, a sedentary job and a little over-eating has meant I’ve been putting a little bit of weight on, and it’s come to the point now where I feel that I really need to do something about it.
Whilst I’ve been …
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Snowballing / Snowflaking Your Debts
May 5th, 2008
I recently came across the term snowflaking – a method for repaying your debts – which I’d never come across before, so I thought it, and the related snowballing method, warranted a little investigation.
To explain snowflaking we first need to understand the concept of snowballing …
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Tips For Improving Your Credit Rating
September 20th, 2007
Out of curiosity, I recently checked my own credit rating, just to make sure there was nothing nasty on there (and why should there be?!). What it did tell me was that having moved house within the past year could cause me problems if I applied to get more credt.
If …
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