Money Guide (Page 32)
Why You Shouldn’t Ditch Your Debt Management Plan
Dealing with debt is never easy. At first, when you set up a debt management plan, you’ll be spurred on by a sense of excitement and relief: you’re taking action, and you can see a light at the end of the tunnel! Over time, the reality of living on a budget may kick in and make you feel miserable. Your circumstances may change, and you might find yourself more strapped for cash. In time, you... ❯❯❯
10 Surprising Things That Can Hurt Your Credit Rating
Closing old credit cards Closing old, unused credit cards can shorten your credit history, which in turn harms your credit score. Should you have an old credit card that you've consistently kept in balance, do not be tempted to close it. The longer your credit history, the better. Applying for too many credit cards at once Banks will often inquire about your credit history before deciding to... ❯❯❯
A competitive quote may be easier than you think
There is no doubt that it is more difficult to borrow money than it was before the financial crisis caused by the Collateralised Debt Obligation (CDO) chaos a few years ago. However the good news is the growth of online companies happy to look at each application on its merits to replace the banks that some would claim have pulled up the drawbridge.
Banks for shareholders
It is easy to be too... ❯❯❯
Buying a Used Car? Proceed with Caution
Many people feel that buying a used car is a wise investment. Although they might miss that new car smell, they find that they can often get better value for money than buying basically the same car brand-new from a dealer. Statistics show that they are basically correct. Most brand-new cars lose anywhere from 15 to 30% of their value within the first few months. Therefore, if one can get a... ❯❯❯
Expert Information for People Wanting to Become Sole Traders
If you want to start up your own business, then becoming a sole trader is the easiest way to go about it. For one, you won’t have to pay any registration fees, and it’s a lot easier to keep a tight rein on your finances. The best thing about being a sole trader is that you are your own boss, and that means working when you want, and for as long as you want – you’re the boss! Although it is... ❯❯❯
Watch out for Hidden Credit Card Charges
Credit cards may seem like a great way to spend money on the things you want, however many hide charges that could lead to you spending more than you bargained for. Find out how to avoid them and be more savvy with your plastic. Cash withdrawals. The majority of credit card providers charge a fee every time you use your card to withdraw cash. Interest will also be applied to the amount... ❯❯❯
Managing Your Finances With Debit and Credit Cards
It is hard to imagine or, for the older generation, to remember life without carrying plastic cards wherever we go. Credit cards have been available for many years. Debit cards were introduced some time later, but when most current accounts still attracted interest for staying in the black. At the time, many credit card users couldn’t think of a reason for using debit cards, since they would lose... ❯❯❯
The UAE — The Time is (Economically) Right
For US expats planning to move to the UAE, it’s a great time to do so. The financial perks and high standard of living, combined with the recovery of an economy which is growing stronger, make the UAE a promising destination to start a new life. As mentioned, there are financial benefits available to expats. The most notable —and probably the most attractive — is that there’s no personal income... ❯❯❯
The Top 10 Financial Apps for your Smartphone
Gone are the days of spending half of your Sunday afternoon balancing your checkbook, or needing to go to the bank and wait in line to make a money transfer. Ah, good old technology certainly has come a long way, from being able to deposit checks envelope-free into ATMs to having your bank account virtually at your fingertips through its website. And with the recent surge of Smartphone... ❯❯❯
4 Money Management Tips to Apply This Year
Unless you are financially independent, you are probably looking for some money management tips to help you get through this rough economy. You can easily cut back your spending by not buying coffee and meals every day, riding the bus or walking, and not going to expensive events such as movies and major sporting events. Everyone knows that, but you can do a few other things that can really make... ❯❯❯
