Analysis Topic: Personal Finance
The analysis published under this topic are as follows.
Tuesday, January 17, 2012
UK Inflation 4.2% as ‘Hard Times’ for Cash ISA Savers Continues / Personal_Finance / ISA's
By: MoneyFacts
Inflation figures released today show the Consumer Prices Index (CPI) fell during December from 4.8% to 4.2%.
To beat inflation, a basic rate taxpayer at 20% needs to find a savings account paying 5.25% per annum, while a higher rate taxpayer at 40% needs to find an account paying at least 7.00%.
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Wednesday, January 11, 2012
New Year, New Credit Card, But Watch Out for the Fees / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Balance transfer cards now offer the longest debt free deals on record, however, the fees charged to move to a balance transfer card are now at their highest level in four years, research by Moneyfacts.co.uk has revealed.
On average, balance transfer cards offer 356 days of interest free debt transfer compared to 295 days three years ago.
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Thursday, January 05, 2012
UK Personal Loan Interest Rates Drop to Lowest Level / Personal_Finance / Debt & Loans
By: MoneyFacts
Rachel Springall, spokesperson for Moneyfacts.co.uk, commented: “Research by Moneyfacts has shown that 6.0% APR on a £10,000 borrowing amount over a five year term is the lowest loan rate on offer in four years. Previously the lowest rates for this borrowing amount and term were: 8.4% one year ago, 7.8% two years ago, 6.8% three years ago and 5.8% four years ago.
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Sunday, January 01, 2012
January Sales 2012, UK High Street Stores and Online Best Discounts List / Personal_Finance / Shopping
By: Nadeem_Walayat
The post Christmas 2011 sales have now morphed into the January 2012 sales with most stores continuing sales discounts as distressed retailers seek to get rid of 2011 stock with further discounts offered to entice customers through their doors over the coming new year days.
Tuesday, December 27, 2011
Christmas, January Sales 2012, High Street, Online Best Store Discounts List / Personal_Finance / Shopping
By: Nadeem_Walayat
Discount hungry smartphone using shoppers fuel the continuing sales that began online on Christmas Eve and in part switched to the high streets and shopping malls on Boxing day. The sales are expected to continue well into January 2012 as the post Christmas sales boost is unlikely to make up for what is likely to turnout to be a bad December for retailers. With further potential for high street retailers disappointment as the increasingly more sophisticated smartphone using shoppers use the high streets merely as showrooms before finally opting to buy online as part of the shopping mega-trend of online stores putting the high streets out of business.
Sunday, December 25, 2011
Boxing Day Sales List Upto 75% Discounts at High Street Stores John Lewis, Next and Debenhams / Personal_Finance / Shopping
By: Nadeem_Walayat
Britain's high streets and shopping malls are expected to be full on Boxing day with shoppers taking advantage of advertised deep discounts of as much as 75% as the Christmas Day online sales in part switch to the High Streets, with early starts for many stores such as 6am for Next and 7am for Debenhams. However given the fact that many of the sales are already online for over 40 hours before the high street stores open, there is great potential for high street retailers disappointment especially as increasingly more sophisticated smartphone using cash strapped shoppers use the high streets merely as showrooms before finally buying online as part of the shopping meg-trend of online stores putting high street's out of business.
Sunday, December 25, 2011
Christmas Day Online Mega Sales at NEXT, House of Fraser, Debenhams, Marks & Spencer and John Lewis / Personal_Finance / Shopping
By: Nadeem_Walayat
The high street shops may have closed early afternoon on Christmas Eve but within a few hours the online sales soon went live and will remain live for the whole of Christmas day, most notable in terms of offering deep discounts on a large number of products are Next, House of Fraser, Debenhams, Marks & Spencer and John Lewis, who have a useful tool that allows shoppers to browse by discount level i.e. 30% off, 50% off or 70% off.
Saturday, December 24, 2011
UK Christmas Eve Shopping Sales 2011, High Street 75% Discounts: 24th Dec / Personal_Finance / Shopping
By: Nadeem_Walayat
UK Shoppers are continuing to enjoy deep discounts as distressed retailers have brought forward their traditional boxing day sales several days early by offering discounts of as much as 75% in an attempt to boost consumer interest as so far December retail sales have failed to live upto retailer expectations. Christmas Eve is expected to see record shopping during the limited opening hours which will be further boosted by very mild weather for the time of year.
Saturday, December 24, 2011
Christmas Eve Online Sales, NEXT, John Lewis, House of Fraser, Marks and Spencer / Personal_Finance / Shopping
By: Nadeem_Walayat
As the high street stores close today for Christmas the sales will not stop as the focus shifts online, especially as those retailers that have so far held off on starting their sales will open their online doors ahead of their high street stores on boxing day, this most notably includes NEXT, John Lewis, Marks & Spencer and PC World / Curry's.
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Friday, December 23, 2011
UK Pre-Christmas Holiday Shopping Sales 2011, Retailers Deep Discounts: 23rd Dec / Personal_Finance / Money Saving
By: Nadeem_Walayat
With the UK economy fast decelerating as a consequence of continuing economic austerity, rising unemployment and the bankrupting Eurozone plunging into another recession or worse, this sets the scene for UK shoppers to enjoy deep discounts in the annual sales with many distressed retailers already offering discounts ahead of Christmas of as much as 75% in an attempt at boosting consumer interest as so far December retail sales have failed to live upto retailer expectations.
Wednesday, December 21, 2011
Meadowhall Christmas Shopping, Where Are the Shoppers? / Personal_Finance / Shopping
By: Nadeem_Walayat
Last Saturday December 17th was hyped across the broadcast media as being "Super Saturday" which was forecast to be the busiest shopping day of the year based on research by online comparison site Kelkoo.
Monday, December 19, 2011
Most American's Still Have No Idea How Bad the U.S. Economy Is / Personal_Finance / US Politics
By: Global_Research
Economic Collapse writes: Even though most Americans have become very frustrated with this economy, the reality is that the vast majority of them still have no idea just how bad our economic decline has been or how much trouble we are going to be in if we don't make dramatic changes immediately. If we do not educate the American people about how deathly ill the U.S. economy has become, then they will just keep falling for the same old lies that our politicians keep telling them. Just "tweaking" things here and there is not going to fix this economy. We truly do need a fundamental change in direction. America is consuming far more wealth than it is producing and our debt is absolutely exploding. If we stay on this current path, an economic collapse is inevitable. Hopefully the crazy economic numbers from 2011 that I have included in this article will be shocking enough to wake some people up.
Wednesday, December 14, 2011
Adapt or Die in the Unemployment Line / Personal_Finance / Unemployment
By: Gary_North
Adapt or die: this is a free market principle. It was expounded as a fundamental principle of society by Adam Smith and the eighteenth-century Scottish Enlightenment. This idea was picked up by Erasmus Darwin and extended by his grandson, Charles, who applied it – adapted it – to biology.
The Scottish Enlightenment announced "adapt or die" as the basis of social progress. "Adapt or die" is a principle of liberty, they argued. It is applied most productively and beneficially on a free market, they concluded.
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Tuesday, December 13, 2011
UK Inflation Falls From 5% to 4.8%, No Christmas Joy for Savers / Personal_Finance / Savings Accounts
By: MoneyFacts
Inflation figures released today show the Consumer Prices Index (CPI) fell during November from 5.0% to 4.8%.
To beat inflation, a basic rate taxpayer at 20% needs to find a savings account paying 6.00% per annum, while a higher rate taxpayer at 40% needs to find an account paying at least 8.00%.
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Sunday, December 11, 2011
My Guide to Dealing with Debt / Personal_Finance / Debt & Loans
By: DailyWealth
Mark Ford writes: I had my first serious run-in with debt when I was 30 years old.
My wife K and I were renting a condominium in Washington, D.C. Our landlady came to us with an exciting opportunity: We could buy the condo for $60,000 with no money down. For just $100 a month more than what we were already paying for rent, we would be paying a mortgage. It sounded like a great deal, so we took it.
Sunday, December 11, 2011
What's Backing Your Bank Deposits? / Personal_Finance / Credit Crisis 2011
By: EWI
Is the bank really the safest place to keep your money? Robert Prechter joins the Mind of Money host Douglass Lodmell to discuss what backs bank deposits and how you can keep your hard-earned money safe.
Monday, December 05, 2011
The Governments Hidden $500 Billion Inflation Tax on Savings / Personal_Finance / Inflation
By: Dan_Amerman
There is a hidden and deeply unfair "tax" that is costing US savers in excess of $500 billion per year. Through forcing interest rates far below the rate of inflation, the government has effectively created a tax on savings that not only takes all real interest income, but quite deliberately confiscates wealth from tens of millions of savers every year - for the direct benefit of the government.
Saturday, December 03, 2011
How to Protect Your Bank Deposits, Savings From Euro-zone Collapse Financial Armageddon / Personal_Finance / UK Banking
By: Nadeem_Walayat
The Governor of the Bank of England, Mervyn King, woke up form financial paralysis to warn UK Banks to prepare themselves against the risks of a collapse of the Euro-zone by forgoing annual bonus payments (based on fictitious tax payer funded profits) and instead shore up their capital against the wave of defaults and bankruptcies both banking and commercial that would follow a collapse of the Euro-zone.
Wednesday, November 30, 2011
U.S. Credit Rating, Automation can’t Curb DC’s Spending / Personal_Finance / Government Spending
By: Dr_Jeff_Lewis
As Washington DC frets the automatic cuts coming from a failure of the super-committee, the American public is watching their wealth vanish. This disappearing act of wealth occurs on two fronts, first by the continuous spending and inflating in Washington, and secondly by a loss of confidence, which has sent the stock market plummeting in recent days.
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Monday, November 28, 2011
How to Retire With No Savings / Personal_Finance / Pensions & Retirement
By: DailyWealth
Dr. Steve Sjuggerud writes: "Do you have any savings?" I asked my friend Tony.
"Not really, no," he answered.
Tony is in his 50s. And he didn't sound worried in the least. How is that possible?