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.
Month: August 2006
Motley Fool: My Favourite Student Bank Account
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.
Motley Fool: Your Home Is Not A Cash Machine!
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.
Motley Fool: Diageo Delivers
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.
Scotsman: Unions Warn Of Pension Cuts
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.
MoneyExpert: CCJ Map Of UK Revealed
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.
MoneyExpert: Average Adult Has Double Recommended Minimum Savings
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.
Motley Fool: Pay Off Your Mortgage In 1.5 Years!
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.
Motley Fool: Free Online Books And Music
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:
Motley Fool: Biotech Beat: Two Of The Best
Biotech is a very risky investment area. Share prices can tumble 50% in a week. But the potential rewards are large too; so here’s a look at two of the UK’s more promising biotech companies.