We’ve discussed the decision to leave or pay off your student loans before, and although the answer generally used to be “it’s the cheapest debt you’ll ever get into, don’t repay it until you’re forced to”, things have changed recently. The interest rate on student loans, which used to be a measly 2.4%, has recently […]
I mentioned in my previous post, about the effects on your mortgage with a change in interest rates, that you should get a mortgage broker to search the market and to find you a better deal if your current deal is about to expire. Unfortunately, getting a new mortgage doesn’t come cheap, especially as the […]
Credit cards have, probably justifiably, got a pretty bad name, largely down to the trouble that people find themselves in if they’re misused. But of course, there are always two sides to every story, and when credit cards are used responsibly, they can be quite useful. The Money Hospital wrote an article a few weeks […]
According to a report by Nationwide, 75% of us couldn’t tell how much our mortgage payments would change if there was a 1% change (either increase or decrease) in its interest rate. To be perfectly honest, I couldn’t tell you off the top of my head. But why should I be able to? I’ve got […]
Links to other interesting money articles on 22nd Nov 2007.
At the start of the week the Motley Fool began a new daily series of posts with money saving tips. Rather than posting general ideas for saving some cash, these tend to be specific offers that are available at the moment of publication (and so might not be around forever), and cover a wide variety […]
Kirsten at the Simple Pound found an animation on FT.com which explains why the current “credit crunch” has occured. View the animation. I love these sorts of things – they can make understanding a complex problem much simpler.
If you find it a struggle to save any money each month (too much month at the end of your pay cheque?), then some of the tips in Force Yourself To Save: 15 Painless Ways To Pay Yourself First might put you on the right track. Here are some of the most interesting tips: #1 […]
A quick hello to all readers of Get Rich Slowly who have stumbled across my site thanks to the Letter to a Godchild: Passing on Financial Wisdom post. If you’re interested in reading about looking after your finances, with a focus on people in their 20s and 30s within the UK, then please sign up […]
This is pretty unbelievable – the personal details of 25 million people have been lost by Her Majesty’s Revenue & Customs. Although there is no suggestion the details have fallen into criminal hands (yet), the fact that this data was sent by UNRECORDED delivery and is now AWOL is simply unacceptable. So now there is […]