When we went to our car to return back home to Berwick upon Tweed, after redeeming my two night business card prize draw at Jurys Inn Edinburgh, the car wouldn’t start. Not really a surprise; it was a frosty morning, the car had been parked for a couple of days and it was the original [...]

Source: redbookmag.com via Julie on Pinterest It puts you in a difficult position when you lend money to a friend. They may ask you directly for a loan, or you may feel that you should offer to lend them money to help them out. Now I think it’d be better if this situation never happened [...]

Having a permanent job can be a bad thing if it puts you in a comfort zone where you feel that your income is guaranteed. That’ll be a fallacy, as you can still be made redundant from a supposedly permanent job. One of the main reasons that we lived below our means and became debt [...]

It sounds as though a couple of late payment slip ups can have a big effect on your credit rating. I read on the BBC news site that a woman in her mid 20s earning a good salary, had been turned down for a mortgage. This was because of a late payment of store card [...]

When I logged into my Halifax accounts at the weekend, the first thing that appeared on the screen was a page offering me a loan. When I clicked away from that onto my accounts listing page,  there was a personalised loan offer prominently placed there too. I was offered a loan of £16,500, at a [...]

If you live in the UK and are in debt, Payplan can help you free of charge. They won’t charge you any fees, even if they assist you to set up an Individual Voluntary Agreement, or a Debt Management Plan. Some companies charge up to two months payments as a set up fee for a [...]

Maria Nedeva of The Money Principle, one of the panelists at the Write on Finance Blog Up in Leeds 22 – 23 September 2012, tells us about her site and her attitude to life and money. Introduce yourself and aims for your blog/site My name is Maria, a university lecturer in philosophy and sociology of [...]

My Money Podcast #2 contains my five tips on how to avoid debt, based on my article How Not to Get Into Debt. Parents giving their kids a financial education & a good example to follow Thinking if you can afford something before buying Having an emergency fund to cover unexpected expenses Dealing quickly with [...]

UK interest rates are pretty low at the moment, which is bad news for savers but good news for borrowers. If you also factor in a rate of inflation of around 5%, then some of current personal loans on offer with an interest rate between 6-7%  look quite appealing. If you have a good credit [...]

If you owe a lot of money you’ll be paying interest on the loan. That interest could be money in your pocket. Of course if you buy something that will increase more in value than the interest you’ve paid, then it’s a worthwhile financial investment. However if you’re borrowing money and paying interest on that [...]