Analysis Topic: Personal Finance
The analysis published under this topic are as follows.
Thursday, November 05, 2015
Earnings - Pulling Out All the Stops / Personal_Finance / Wages
By: John_Mauldin
By Jared Dillian
When I was a teenager, I had a different sort of part-time job. I was a church organist.
Actually, it was the best job ever because I was something of a piano prodigy as a child. Around age 12, my parents and I had to make a conscious decision about whether I was going to pursue a career in music. I decided not to, which has greatly reduced the amount of Ramen noodles I have eaten over the years.
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Thursday, November 05, 2015
5 Killer Methods for Financing Your Online Business / Personal_Finance / SME
By: Boris_Dzhingarov
You’ve reached the tipping point. A product idea has transformed from prototype to sellable item, and you’ve sat down with a business partner to discuss your strategy for marketing, selling and producing the products in order to start making money.
The big question is: How are you going to get the startup capital to purchase that first batch? How about paying for the eCommerce website or at least founding your payment gateway?
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Monday, November 02, 2015
Customers Be Cunning With Cashback Cards When You Switch or Spend / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
In the run-up to the festive spending season, Moneyfacts.co.uk can reveal that customers could earn hundreds of pounds in cashback thanks to the enticing deals on offer today.
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Wednesday, October 28, 2015
22 Step Home Winter Weather Proofing Checklist to Save Money and Energy Costs / Personal_Finance / Home Maintenance
By: Sami_Walayat
With October soon drawing to close, now is the best time before the temperatures drop to conduct a relatively quick preventative home winter weather proofing survey that than can save on costly repair bills such as damage form blocked drains and gutters, leaking roofs and burst pipes that can result in soaring insurance premiums on claims, as well as save on costly excessive energy usage due to drafts, poor insulation and boiler problems.
Monday, October 26, 2015
Someone Is Spending Your Pension Money / Personal_Finance / Pensions & Retirement
By: John_Mauldin
“Retirement is like a long vacation in Las Vegas. The goal is to enjoy it to the fullest, but not so fully that you run out of money.”– Jonathan Clements
“In retirement, only money and symptoms are consequential.”– Mason Cooley
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Monday, October 26, 2015
Children’s Savings Account Rates Worsen / Personal_Finance / Savings Accounts
By: MoneyFacts
The latest research by Moneyfacts.co.uk reveals that some child savings accounts have received shocking rate cuts over the course of 2015, with some deals now paying as little as 0.10% yearly.
The average children’s savings account currently pays 1.56% yearly*, down from the 1.61% paid a year ago. While this may seem like only a small drop across the market, this average masks the fact that some individual deals have had severe rate cuts.
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Friday, October 23, 2015
Coventry Building Society’s Poppy Fixed Rate Bond 2.35% for 3 Years / Personal_Finance / Savings Accounts
By: MoneyFacts
Coventry Building Society has re-launched its popular Poppy Bond, which pays a fixed yearly rate of 2.35% until 31.12.18 (2.33% gross, 2.36% AER monthly). The account has a minimum opening investment of just £1 but any additions will need to be made within 14 days of the account opening or before closure of the issue, whichever is later. A donation equating to 0.15% of the total invested balance will be paid to The Royal British Legion by the society.
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Wednesday, October 21, 2015
How the Big White Lie of Investing Could Cost You Your Retirement / Personal_Finance / Pensions & Retirement
By: DW
Mark Ford writes: I consider myself an expert of sorts on retirement. Not because I've studied the subject, but because I've retired three times.
Tuesday, October 20, 2015
Over 65 and Looking for Finance? You’re Barred / Personal_Finance / Pensions & Retirement
By: MoneyFacts
Over the past few years personal finance products have come under greater scrutiny and tighter regulation in order to protect those with poor credit ratings from borrowing beyond their means. However, while this regulation has been put in place for the right reasons, it is also having a negative impact on older borrowers, who are increasingly facing high minimum income or funding requirements or, even worse, being turned away from finance altogether.
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Tuesday, October 13, 2015
Challenger Banks Herald a Savings Market New Dawn / Personal_Finance / Savings Accounts
By: MoneyFacts
Data from Moneyfacts.co.uk reveals that fierce competition is leading to encouraging signs of improvement in the savings market.
In the month of September, Moneyfacts has recorded 104 savings rate rises, with some increases being as high as 0.45%. This dwarfs the 28 rate reductions that have taken place over the same period. As a result, the best one-year fixed rate bond has increased from 1.90% a year ago to 2.10% today.
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Monday, October 12, 2015
UK State Pension Top Up, Is It Worth It? / Personal_Finance / Pensions & Retirement
By: Nadeem_Walayat
As of today Britain's pensioners are being offered a chance to top up their state pensions under what is known as Class 3A Voluntary Contributions .
The top up is open to all current pensioners and those about to retire by April 2016
The maximum increase in weekly pensions is £25 per week or £1300 a year on top of the current state pension of £115 per week / £5980 per year.
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Monday, October 12, 2015
Rise in Low Interest Rate Credit Card Deals, But Beware of Cash Charges / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
The latest research from Moneyfacts.co.uk shows that the number of low rate credit cards (cards charging less than 12%) has grown by a third in the past two years, rising from just 12 cards in 2013 to 16 today. The lowest purchase card now on offer charges just 6.4% APR for standard purchases and is the lowest rate card on the market since 2006, when a 5.9% APR card was available*.
These cards can be a cost-effective choice for those borrowers who are unsure about being able to clear their balance within the timeframe set by a card with an interest-free introductory purchase or balance transfer offer.
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Thursday, October 08, 2015
Tesco Bank’s new 3.89% two-year Fixed Interest Rate Mortgage / Personal_Finance / Mortgages
By: MoneyFacts
Below is a new product, which has been rated ‘outstanding’ by Moneyfacts.co.uk, the highest rating we award.
Tesco Bank has just launched a new two-year fixed rate mortgage priced at 3.89% until 31.1.18. This deal is for all applicants who borrow from £40,000 at 95% loan-to-value (LTV). A fee of £495 is payable, of which £300 can added to the advance of the mortgage. An incentive package for remortgage customers of free valuation and free legal fees is also offered.
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Tuesday, October 06, 2015
M&S Bank Outstanding Personal Loan Interest Rate Cut - Best Buy / Personal_Finance / Debt & Loans
By: MoneyFacts
&S Bank has emerged as the current winner in the personal loan rate war thanks to a rate reduction on its Unsecured Personal Loan, which is now priced at 3.5% APR for a loan of £7,500 to £15,000 over a term of one to five years.
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Tuesday, October 06, 2015
UK Current Account Bank Fees on the Rise / Personal_Finance / Current Accounts
By: MoneyFacts
Recent research by Moneyfacts.co.uk shows that there has been a rise in the cost of some high street current accounts over the past two years, with account fees and overdraft usage fees creeping up.
This upward trajectory is likely to continue into next year, as another high street bank is already making plans to more than double its account fee in early 2016, without offering any extra benefits.
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Monday, October 05, 2015
Nightshades Curb Your Enthusiasm / Personal_Finance / Health and Fitness
By: Submissions
John Roth writes: [Disclaimer: The following is not a medical article]
I am a male over 60 and have [or had] a serious health problem that I tried to ignore for the last three years. I tried every holistic treatment, supplement, vitamin and herb under the sun. During that period my gastrointestinal tract quit working three times. I had a lot of trouble breathing and although I had the urge nothing would come out of my body. You get the picture.
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Monday, October 05, 2015
No Interest in Easy Access Cash ISAs / Personal_Finance / ISA's
By: MoneyFacts
As the Government attempts to regenerate ISAs, the expectation for them to pay decent returns has grown. However, Moneyfacts.co.uk can reveal that not only does the ISA market remain under a gloomy cloud, but the average rate of an easy access ISA has now hit its lowest rate on record.
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Monday, September 28, 2015
UK Loan Rate War Consolidate Borrowings and Save £££'s / Personal_Finance / Debt & Loans
By: MoneyFacts
With an estimated 6.5 million* people relying on credit to keep up with essential outgoings, it’s clear to see why taking time to consolidate debts into a single, more affordable monthly payment could make a huge difference to people’s finances.
According to the latest research by Moneyfacts.co.uk, the ongoing cuts to unsecured personal loan pricing also means that customers who switch or take out a new loan today can save hundreds of pounds over the fixed term of their agreement. On average, well-known banks now offer loans that are £396 a year cheaper in interest payments for a £7,500 loan over a five-year period compared with 2013, while loans from challenger brands are £222 cheaper for the same loan agreement.
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Friday, September 25, 2015
How to Force Your Boss to Give You a Pay Rise / Personal_Finance / Wages
By: DailyWealth
Mark Ford writes:
Over the years, I've had the awkward duty of declining raises to dozens of employees.
Most of them simply sulked and disappeared. But a few of them took the experience as a wake-up call and fought back.
They didn't see themselves as losers, and they weren't going to let me view them that way, either.
If you get turned down for a raise, arguing with your boss won't do you any good.
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Monday, September 21, 2015
Income Options for Seniors Running Out of Money / Personal_Finance / Pensions & Retirement
By: Investment_U
Marc Lichtenfeld writes:Many people remember fondly when their parents gave them allowances for doing chores around the house or maybe a few bucks for their birthdays.
However, with over half of today’s seniors unable to pay for their basic needs, more and more adult children are taking care of their parents’ finances.
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