The children of the recession
Child Trust Funds offering £250 contribution to your child’s future, are only actually being made use of by two thirds of those receiving them in the poorer areas of our country.
Category Archives: Managing Your Money (page 15)
The Bank of Mum and Dad
One in five parents are now dipping into their children’s savings to help them during the credit crunch.
What comes down, must go up….I’m talking mortgage rates of course
If you’ve been enjoying the low mortgage rates we’ve been graced with, courtesy of the recession – beware, things are about to change. According to the Daily Mail and Moneyfacts, eight financial institutions have already raised their Standard Variable Rates…
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As the snow falls, the heating bill goes up and up and up
As I get reports in from the office, staff are walking to work through the snow – public transport has come to a halt and cars have been covered in white. I recall we haven’t seen weather like this for…
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Christmas + shopping = Jingle Fever
During the last 12 shopping days of 2009, consumers spent £4 million pounds more on credit cards than they did the previous year.
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The big debate of motherhood
24% of the women, stopped or reduced their pension payments and savings contributions all together when they left work to start a family. Although they may feel this is best for the baby, but without their regular income, savings or pension to support them, by the time they reach retirement age, they could be severely in debt.