I mentioned in my previous post about credit cards that the card companies can use certain tactics to take more of your money off you than you realise. Here are a couple of tricks they use that it’s worth looking out for: Paying the debt with the lowest interest rate first – if you make […]
Category: Tips
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Booking Your Holiday? Shop Around For Insurance
It might be a bit late for most, as you may have already booked this year’s holiday, but a recent survey by MoneySupermarket.com suggests that the insurance that is often sold along with your holiday can be up to 4 times more expensive than insurance bought from elsewhere. In one example they give, a couple […]
“The Miracle of Compounding”
The Fool has posted a great example demonstrating the power of compounding. In the example, one person invests £100 a month for 10 years from the age of 20 -another also invests £100 per month for 30 years, but from the age of 30 (we’re also assuming they’re the same age, but one starts investing […]
Find Your “Energy Profile” Through Testing
Beware: this post might make me sound like a bit of a geek, and includes a fair bit of thinking out loud… In my day job, I run pay-per-click advertising campaigns – managing those ads you see at the top and right of the search engine results such as at Google. The key to getting […]
Google Currency Converter
Holiday season is approaching, so we’ll all be trying to work out how much spending money to take with us and how much goods cost in our holiday destination. I’ve always used the Universal Currency Converter to get an idea of the exchange rate, but personal finance blogger FiveCentNickel has pointed out that Google can […]
We Don’t Trust Our Banks
A recent survey by Fool.co.uk highlighted how we do not trust our banks with our money.
Cooling Off Period Applies To Renewals
A post at UKMoneyPot states that the 14 day cooling off period you receive when buying many types of financial product, such as loans, insurance and credit cards, also applies when your policies “auto-renew”. For example, as with many insurers, if your car insurance renews automatically each year, you still have 14 days from the […]
How Much Is In Your Emergency Fund?
There’s a school of thought which suggests that you should have a minimum of 3-6 months worth of your salary saved up for emergencies, but how many of us can say that we have such savings to dip into in times of crisis? Emergencies can, of course, come in many different guises – from your […]
“No Win No Fee” Finds It Way To Bank Charges
I guess it was only a matter of time until someone would try to make money from the current trend to reclaim bank charges, but the process of reclaiming fees appears to be so simple, there’s probably no need for you to get a middleman involved. From BBC News: Hundreds of people each week are […]
Have You Got A Dormant Bank Account?
Last year it was announced that money left in dormant bank accounts (accounts left idle for a number of years) would start to be distributed to charities. Halifax has said that it intends to try to reunite holders of dormant accounts holding more than £1,000 with their money in the near future, by advertising and […]