So you’re about to go to university and you’re hunting around for a good student bank account. If you can get to grips with your finances right from the start, you won’t regret it in future years, as I’m sure many, many debt-laden post-grads could tell you. The less debt you have when you finish, the faster you can pay it off and start saving that deposit for a house.
The cost of car insurance looks set to increase significantly if insurers follow the hike in premiums just announced by Norwich Union. The largest car insurer in the country has decided to bump up prices by an average of 16% and by as much as 40% in the case of higher risk drivers such as young men with little driving experience under their belts.
In financial jargon, there is no shortage of TLAs (three-letter acronyms) — which, fittingly, is itself a TLA. For example, you have APR (annual percentage rate), CGT (capital gains tax), PPI (the dreaded payment protection insurance), TAR (total amount repayable) and many more. You’ll find more money language in my Jargon Buster and Devil’s Dictionary Of Money.
I wrote in June that Diageo (LSE: DGE) was “a share to help you sleep soundly” and I haven’t changed my mind after today’s annual results.
MILLIONS of workers face pension cuts if firms successfully argue for a waiting period before new staff gain from compulsory pension contributions, the TUC warned today.
The average adult in the UK has almost double the recommended minimum financial ‘safety net’ squirreled away in their bank accounts, according to Birmingham Midshires.
An average of two CCJs were registered for every 100 adults in England and Wales over the past year says new research – but this is as much as three times higher in some areas.
I love my job, because all I do is write articles aimed at helping people with their money. As this is also one of my hobbies, it hardly feels like work at all.
Given that I spend every working day (and a fair chunk of my free time) online, I’m always on the lookout for freebies and bargains on the Internet. Two interesting announcements caught my eye this week:
Years ago, deciding where to put your long-term money was a toss-up between a savings account and a few blue-chip shares. Nowadays, you can pretty much park your hard-earned anywhere.