Personal Finance

More Alarm Needed at Gap Between Super Rich and Rest of Us

Fiona Hotston Moore | Posted 29.04.2015 | UK
Fiona Hotston Moore

Something is just not adding up. Historically, those at the very top relied on those in the middle to ease their lives through skill and also to protect them from the bottom, with the gap from peak to trough far less than it is now. When the middle collapses, chaos really ensues.

Things to Consider Before Your Debt Spirals Out of Control

Susan Leigh | Posted 01.04.2015 | UK Lifestyle
Susan Leigh

Awareness of the burden of debt many people are struggling under is regularly discussed by national surveys, the media and government advisory bodies. For many students, young people and families increasing debt is a cause for serious concern.

Time to Reform Divorce Process to Stop Wealth Being Hidden

Fiona Hotston Moore | Posted 28.03.2015 | UK
Fiona Hotston Moore

Involving forensic accountants as a matter of course, or even legal requirement, would deter deception and reduce the pain and anguish. if assets were valued at the start of a separation the process of divorce might generally be less fraught.

Plan Your Marriage Before Your Wedding

Philippa Cunniff | Posted 18.04.2015 | UK Lifestyle
Philippa Cunniff

If you were one of the lucky couples to get engaged over Valentine's Day weekend, congratulations! This is a special and exciting time, and no doubt thoughts of engagement parties and wedding preparations are already providing hours of anticipation and joy.

Middle Income Families - Too Poor for University?

Becky Hopper | Posted 16.01.2015 | UK Universities & Education
Becky Hopper

Next time you hear someone explain that they 'can't afford to go to university' because they're from a low income family, please introduce them to the calamity that is Student Finance England.

The Demise of the Payday Loan?

Sarah Willingham | Posted 12.01.2015 | UK
Sarah Willingham

So many vulnerable people have fallen victim to payday loan companies and if these proposals stop that happening in the future, then I for one will be very happy. Payday loan companies need to be more careful about who they lend to so that those most in need are not punished.

Top Tips for Financial Management

John Coldicutt | Posted 10.01.2015 | UK
John Coldicutt

Businesses often rely on accountancy software to help them keep track of their cash flow. I believe the values accounting tools promote should also be embraced when managing personal finances. Below are a number of simple tips to help stay on top of personal accounts.

A Few Useless Words of Advice for Students

Alex McBride | Posted 22.11.2014 | UK Universities & Education
Alex McBride

I left it a 'bit late' till I realised that University was the only viable option left for me to spend my afternoons in bed and my early hours watching films I'd seen before and eating Rocky Road bites, but nevertheless, I'm here now and going into my second year at 23...

Why Are Women More Likely to Go Bankrupt Than Men?

Sarah Moyes | Posted 19.09.2014 | UK Lifestyle
Sarah Moyes

It was revealed last week that young women are more likely to fall into personal insolvency than young men of the same age. The figures, which were quite alarming if you're a woman, showed that nearly eight out of 10,000 young women became insolvent last year, compared to just four men in 10,000.

DIY Your Way Out of Pension Confusion

Huw Evans | Posted 09.09.2014 | UK Lifestyle
Huw Evans

Pensions are a major conversation point at the moment, since George Osborne announced dramatic changes in this year's budget. But what exactly is so different from what went before? And why all the fuss?

Will Nobody Rid Me of This Turbulent Priest?

Alex Letts | Posted 03.09.2014 | UK Tech
Alex Letts

The hitmen allegedly hired by Henry II to sort out Thomas Beckett may be back in business if the current Archbishop of Canterbury continues to make waves over the plight of those exploited by exorbitant APRs. But they won't be hired by the Crown this time, more likely by the loan sharks.

Do I Really Want to Meet My Bank Manager?

Anil Stocker | Posted 19.08.2014 | UK Politics
Anil Stocker

When was the last time you met your bank manager? When was the last time you walked into a bank branch and interacted with anything other than a machine? My guess is that many people will struggle to remember.

Defusing an 'Affordability Timebomb'

Graeme Yorston | Posted 19.08.2014 | UK
Graeme Yorston

Perhaps one of the most positive outcomes of the recent economic crisis was the message that consumers would benefit from saving more and borrowing more responsibly. So accessible were interest free loans, 105% mortgages and credit accounts that consumers came to believe they could afford anything, irrespective of their financial circumstances.

Paying for a Wedding - Who, How and Cutting the Bill

Sarah Willis | Posted 18.08.2014 | UK Lifestyle
Sarah Willis

Traditionally, the majority of wedding costs were paid by the father of the bride. This is rooted in the dowry tradition, where the groom's family were compensated for taking on the financial burden of the bride.

You Are Probably Buying Way Too Much Insurance - Don't!

Lars Kroijer | Posted 05.08.2014 | UK
Lars Kroijer

In very rough terms the world of insurance is divided into life and non-life insurance. Non-life insurance is for things like your car, house, travel...

Shedding Money Worries and Unleashing Your Creative Beast

Martyn Sibley | Posted 03.07.2014 | UK Lifestyle
Martyn Sibley

Unless you don't follow me on social media or you live in a cave, you'll know that I'm staying in Spain for a few weeks. Beyond the sun, sea, culture, language and everything else I love about this country; it has also marked some very significant aspects of my life.

Failed Romances Can Cost More Than a Broken Heart

James Jones | Posted 21.05.2014 | UK Lifestyle
James Jones

One in eight people say they have been impacted by a current or former partners' bad credit rating, while a further 5% have admitted that they have had a negative impact on their partners' credit worthiness.

Enough Is Enough - Energy Prices Can be Cheaper

Sarah Willingham | Posted 17.05.2014 | UK
Sarah Willingham

Millions of people across the country are feeling powerless with stupidly high bills, appalling customer service and complicated tariffs. However, this new campaign puts the ordinary consumer back in the driving seat.

Will We Ever Repay Our Student Loans?

Imogen Groome | Posted 13.05.2014 | UK Universities & Education
Imogen Groome

The rise in interest rates and the disappearance of the 30-year cap on loan repayments mean that graduates could be in debt until they retire. This move could deter students from applying to University, making the motive of increasing tuition fees to improve standards useless.

Spring Cleaning and Finances - It Needn't Be Scary (But for Some It Is)

Judith Lewis | Posted 30.04.2014 | UK Lifestyle
Judith Lewis

So lately I've been researching one of the world's more scary financial terms - debt consolidation - for a few reasons. Some of my female friends feel intimidated or afraid of their finances. They refuse to open bank statements and think they can just bury their heads in the sand and it'll all be OK.

If You Are Going to Threaten People to Pay Their Bill...

Simon Stevens | Posted 22.04.2014 | UK
Simon Stevens

Language is very important and as we can see, getting it right can in some cases be a matter of life or death. And while I understand big companies need to chase people who do not pay their bills, they need to be accurate in the way they communicate with customers.

Many Help to Buy Hopefuls Are Ill-Prepared for the Scheme

James Jones | Posted 01.04.2014 | UK Politics
James Jones

Help to Buy is bringing homeownership to within touching distance for thousands of younger buyers earlier than they may have thought possible. But it's important to remember that the deposit is just part of the equation and consideration must be given to how much you can afford to borrow - and crucially repay in the years to come.

Britons Need Saving From Our Savings Crisis

Alex Letts | Posted 31.03.2014 | UK
Alex Letts

Britain is in the throes of a personal finance crisis. Dramatic figures out recently revealed that personal debt totals £1.43trillion and the average household debt is almost twice as high as a decade ago at £54,000. To some this would come as a surprise, but to many it is confirmation that they are not alone in their struggle.

Why 2014 Is the Year to Make Your Dreams Come True

James Jones | Posted 24.03.2014 | UK
James Jones

We are now fully ensconced in January, with the celebrations of Christmas a seemingly distant memory. It can always be tempting to wish it was still the festive season, but I wanted to move away from this and instead look at what will make 2014 a great year.

Wedding Vows 2014 - 'Til Debt Us Do Part

James R Brown | Posted 17.03.2014 | UK Lifestyle
James R Brown

In the past five years, we've seen an almost 50 per cent rise in the number of cases where one party in the marriage is left claiming they're "picking up the tab" for debts they didn't build up. This can happen for two reasons.