Billionaires lose £100 billion
It seems that everyone has been feeling the pinch during this financial crisis and it comes to something when the billionaires are losing billions too.
It is very hard to feel sorry for billionaires but really, we should do, because these are the people who employ millions, they build large organisations and networks with other companies, [...]
The cost of having a baby
There is no getting away from the fact that there are financial costs being attributed to almost every part of our lives these days. However, one thing that can have a dramatic effect on the finances is having a baby, not only is this a stressful time, there is the added worry of how [...]
November 25, 2008Sorting out finance before marriage
As if getting married was not stressful, enough there is also the financial side that needs to be considered as well.
The trouble is that these days almost nobody has a clean slate when they eventually find that special person who they would like to spend the rest of their lives with.
It is one thing to [...]
Car makers could be next to suffer
We have been amazed recently on how the entire banking system has been saved by government, but could this be the tip of the iceberg? As the car industry is looking very shaky, even more so than normal, could we be looking at a collapse in this industry next?
The first sign of this financial crisis [...]
Be poor for a week
When there is a downturn in the economy, it is easy for those people who are not yet directly affected by it, to think that everything is going to be ok. However, as we have seen recently this sort of thing can descend on the most unsuspecting people.
In order to survive a downturn it is [...]
Where finances go wrong
In this day and age we are going to be seeing a lot of advice on where we have all gone wrong, but it is not necessarily so that everyone is in the same position, this is because they are not some people have been known to save instead of spending their cash.
Yet these people [...]
The problems arising from the credit crunch
For some when the credit crunch began in the US, it meant very little for most people. In fact, you can expect that because it was happening over there, it would make no difference for us over here in the UK, how wrong they were.
Even now the we are still feeling the just the tip [...]
Staying out of debt
The current financial situation has produced some very frightening effects across the entire nation; there is probably nobody who has not been affected in one way or another.
However, in times like this, it brings things to the point and if people can survive, they can learn from their mistakes and also teach their others how [...]
Families look to save cash on school dinners
There is one gauge, which tells the true story of the general public’s financial status, and it happens to be in the schools, or to be more precise the amount of families who are qualifying for free school meals.
This occurs when families’ income is reduced to a certain level and they are then able to [...]
How not to make mistakes your finances
Over the past few months we have noticed that some people are finding it really hard in the current financial climate, although the problems did not start for these people a few months ago, as they may have been living on the edge for some time, it is the credit crunch that has proved to [...]
November 4, 2008Common spending mistakes
Now is the time for people to get to grips with their finances, they have seen how things can go wrong and if they have not been affected then they are lucky, but should count this as a warning to get their finances in order.
By getting finances in order, it really means that being prepared [...]