Let me explain, if you keep a few hens in the garden then you won’t be buying any eggs. So that reduces the money going out. In the summer, those hens will probably lay more eggs than you need. If you sell those surplus eggs then that increases the money coming in.
Withdrawing your pension as a lump sum may be tempting, especially if this will help to support your family and stabilise your finances in the immediate future. However, you need to make sure that taking your pension early is the right decision for your...
Whether you are saving for a new car, buying your first home, or just saving for retirement, there are many different ways to start saving money for your future. So, here is a guide to responsible saving to get you started.
Create a Monthly Budget...
The good thing about banking these days is that you no longer rely on traditional banking alone. You will find other options to make the transaction smoother and swifter. Does it mean alternative payments are more reliable? Should you let go of traditional...
From time to time, most of us find ourselves in a situation where we need to borrow some money. Whether you want to make a big purchase and aren’t in a position to save up and buy it outright, or need to cover an emergency expense that you weren’t exp...
The question of minimum wages has long been considered a harsh one, especially if we recall all those fierce debates on the topic of why minimum wage should be raised. Even though the logic behind raising the minimum wages is more complex and sophisticated...
Life is full of surprises — some of them good, some of them bad. When it comes to your budget, unpredictable expenses aren’t happy additions to your frugal budget. If you don’t have savings, you may consider borrowing money to cover these urgent bills...
One of the most viable ways to acquire a property or a home is to apply for a loan to be able to finance the purchase. From there, the property owner will only need to make the monthly payments necessary until they can pay back the loan in full. However,...
Compared to other methods like stocks, shares, and bonds, investing in property is one of the most popular ways to make money.
When entered into with the right mindset and researched well, property investment can be a lucrative way to boost...
To put it simply, saving money as a young family isn't easy. That doesn't mean it is impossible, though, and by changing your spending habits, you could end up comfortably paying for your child while having some leftover – here's how.
Create a...
Life insurance can seem expensive, but it could also prove to be worthwhile. Its design is to reassure you that your dependants, such as your partner, children or a family member, will be financially stable in the event of your passing.
Insurance,...
There are many advantages to running a home-based business. Perhaps the idea of more time with your family is what appeals to you. Or maybe you'd like the freedom of not having to answer to a boss. Or it may be that you have had enough of long commutes...
It’s always nice to have some extra money. It means you can treat yourself to more nice things and feel a little more prepared for rainy days.
But making money doesn’t have to be a chore – you can have fun while you’re doing it and I’m going to ...
If you need to transfer a large sum of money abroad, you come to realise very quickly that bank fees are not proportional or fair at all. In your mind, the bank doesn’t do much to transfer the funds.
It needs to transfer the funds into foreign c...
Over recent years the number of people making their living on the internet has increased dramatically. The latest developments in the world introduced a new global trend of working from home, leading to the real boom of the online market.
It...
Life is full of ups and downs, and many end up getting in a slump at some point. It can be distressing, but this could also be a chance to reflect on your life and get a second start. This could simply be your body’s way to tell you that you need to r...
Employers have a few options available to them in their quest to maximise productivity in their office. They could opt for a draconian approach, and attempt to crack down on interpersonal relationships in a bid to get employees to work and only work in...
Struggling to get the best credit deals? It’s because of what shows up on your credit report.
If you are looking to take control of your debt, maybe you want to consolidate the money that you owe, or are looking to reduce the amount of interest y...
From a societal perspective, the level of household debt in the UK remains a significant concern.
After all, British households owed a combined total of ÂŁ428 billion during the third quarter of last year, with this equivalent to a hefty ÂŁ15,385 p...
If you’re wondering how your credit score affects your mortgage application, it could make all the difference between getting the keys to your dream home and being refused a home loan.
A credit history shows credit card and mortgage companies and o...
Without anyone to share living expenses with, bills can soon rack up. There's a lot to be said for living solo though and these tips will help those living alone to save money
Cut Your Water Bills
Most water companies get their unmetered water bills...
As the weather turns colder and the heating bills get ever higher, many of us are looking at ways to save money whilst remaining environmentally friendly. One key area of interest tends to be the home and the good news is that most efficiency gains for...
These money saving tips have helped us live better for less over the years. Frugal living means controlling your own life and not being manipulated by advertisers into buying stuff you don't need for too much.
Do You Need It?
It may seem obvious,...
With the ever-biting recession still in full force more and more people are struggling to meet the costs of day to day living. Salary freezes and short time working mean that most families are feeling the pinch and with the increased cost of living are...
If after budget planning you realise that you have little or nothing left to make creditor repayments each month you need to consider either entering into a reduced payment arrangement with all creditors or possibly Bankruptcy or a Debt Relief Order....
Judging by the tone of recent remarks from Bank of England chief Mark Carney, the current period of record-low interest rates is set to continue for the foreseeable future. Even though inflation often drops below 1%, most people choosing to save money...
With the UK housing market remaining difficult in some areas, many homeowners who are struggling to sell their homes are choosing to stay put and improve their properties instead. Home insurance providers have found that homeowners are continuing to try...
The UK ISA market is worth an astonishing ÂŁ156bn a year. Nearly 40% of all UK households hold a cash ISA of some sort (more when you include stocks and shares ISAs) and of that 40% a significant majority hold the maximum amount allowed by the allowance. ...
There are certain things in life we need and others we just want. Insurance on the other hand seems to fall into a new category: something we should have, but we don’t need and we don’t want. However, insurance can come in mighty handy. Don't miss the...
When you're on a budget, living within your means is vital. Some people have to live within a strict budget just to get by. Others choose to budget so that they can put more money aside for savings or debt repayments.
Whatever your reason for...
Everyone knows the old business mantra that you need to speculate to accumulate. It might go against the grain of the general consensus of frugal living, but the truth is that sometimes taking small educated risks can help you to save quicker and bigger...
Some investors believe binary options belong more in a casino than the stock market. So let's take a look, and you can decide whether this is a stock investment or a game of chance.
What Are Binary Options?
Unlike traditional investing, with binary...