How to mess up your finances
For many people telling them how to mess up their finances is not needed this is because they are doing a very good job of messing their finances up all on their own.
However you have to think that this is not by design and is more by not understanding where they are going wrong, which [...]
Downturn means more people keeping chickens
Is it a sign of the economic times or the fact the people want to go free range, that there has been a marked rise in the amount of families who have decided to give up some of their garden to chickens? The idea being that for giving the birds the leftovers from diner, they [...]
December 23, 2008Barclays selling off equity arm
In order for Barclays to strengthen their position in the world of finance, it looks as if they are going to sell off Barclays Private Equity (BPE); if this is not possible then they could quite easily consider the disposal of some of their holdings in the BPE funds.
This just goes to show that the [...]
How to set up a budget
When a person first sets up home it seems like a great thing, you can do what you like, go out, stay in and most of all spend your money on whatever you want, but in reality, setting up home is not all fun and games.
If you intend to stay in your own place, then [...]
Banks caught up in a fraud
Some of the largest names in the banking world have been caught up in massive $50 billion fraud; this has led to the person behind it, New York financier, Bernard Madoff on serious fraud charges.
Once again, some familiar names within the banking industry are listed as being involved in this fraud.
HSBC $1 billion
Royal Bank of [...]
Surviving the credit crunch
For some people it may already be too late to avoid the current financial crisis, but that does not mean that it is the end. In fact, in many cases this is just the beginning of getting on top of all things financial.
The world of personal finance is something that has to be worked on [...]
Germany disagrees with rescue plans
Despite the many meetings that are happening across Europe with a view to save the collective economies, Germany remains stead fast in their plan not to do anything to help out the banks or any other struggling industry.
They go as far to say that the recent changes in that the UK government have implemented are [...]
Zimbabwe issue $200 million notes
It is amazing to see that Zimbabwe have issued a $200 million note, this comes just a few days after the treasury issued the first $100 million note.
However, this is a sign of severe problems with the economy of the country where a single loaf of bread is currently priced at $35 million and rising [...]
Surviving the credit crunch
For some people the idea of debt consolidation is their only route out of debt, what this means is that they roll up all of their debts into one payment. This payment should be a lot less than all of the individual debt payments.
In theory this would normally work, because once the consolidation loan has [...]
EU says bank should start lending
The EU have been fairly quiet during this financial crisis, which could have been a bit worrying, but they nearly always only follow up on what has already happened or when decisions have been made, then it is hardly a surprise that we hear from them now.
The EC competition commissioner Neelie Kroes has spoken out [...]
Saving money over Christmas
People have different ideas as to what sort of money should be spent over Christmas, there are other factors involved of course but generally this year is would appear to be that there is going to be a definite downturn in consumer spending.
However, this should not have to be a worry for anyone as a [...]
Germany failing to spend out
Ever since the credit crisis begun, there has been a quiet war of words, occurring between Germany and the USA, in actual fact it is the Germans who have blamed the US for the crisis in the first place.
However, this is always going to happen, someone is going to get the blame and this [...]