Credit Handed Out Left, Right and Centre…At What Cost?
In this economic climate, many of us are faced with debts, far greater than we’ve ever experienced. The total UK personal debt currently stands at around the £1.5bn mark. The average household debt is...
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‘Kidflation’ – The recession as experienced by children
New research published by Santander and the Personal Finance Education Group (an educational charity) indicates that the rate of inflation on items commonly bought by children has risen far more...
View ArticleSavings report shows how inner city households are feeling the pinch
A new report on consumer saving carried out by ING Direct shows that average household savings are lowest in Manchester, and highest in Chiltern, Buckinghamshire. In central Manchester, the average...
View ArticleTwenty-somethings and the rising costs of living
A study carried out earlier this year claims that the average adult in their twenties plans to postpone many of the key stages I their lives, such as marriage, having children and purchasing...
View ArticleOver-50s feeling the pinch
New research published by insurance company Saga shows that 1 in 5 people aged over 50 have cut back on the amount they spend on what they consider to be essential items, whilst 68% have reduced...
View ArticleAugust a grim month for household finances
Financial information services firm Markit has released its monthly Household Finance Index, which shows that British households are seeing their finances decline more rapidly now than when the...
View ArticleLack of savings a major cause of debt woes
New research for the Consumer Credit Counselling Service (CCCS) suggests that 5 million UK households are at risk of facing debt problems due to a lack of savings. The research, which was carried out...
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Men saving less than women
New research indicates that, in the UK, women are better at saving money than men. The Halifax Savings Report found that even though women tend to earn less, they generally manage to save more. On...
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Saving money this Christmas
Shoppers are out in force on the nation’s high streets, sparkly celebrity-filled adverts are taking over our TV screens, and the first flakes of snow are falling. Incredible as it seems, another year...
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Improve your finances in 2012
It’s the New Year and for many people that means one thing – New Year’s resolutions. Generally when you think of New Year’s resolutions you’ll think of something health related; be it signing up to the...
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