Exploring personal finance and investing
Are you feeling the stress of struggling to make your mortgage payments each month or worried that you might? You’re not alone. According to UKFinance.org: So, the trajectory of homeowners in mortgage distress is going in the wrong direction, it’s on the up. This is tied in with the rise in the cost of living … Read More “Are You Under Stress Struggling to Repay Your Mortgage?” »
Most of you who have a mortgage probably dream about how great it would be to pay it off. You think about the relief you would feel having that heavy debt burden removed. You also think about the security. No matter what happens, you’ll always have a roof over your head. No-one can take your … Read More “12 Ways to Pay Off Your Mortgage Faster” »
Keeping up with the Joneses is an age-old disease that inflicts neighbourhoods across the world. This is where you try, at any cost, to keep up with neighbours, by matching or even outdoing what they buy, where they go on holiday or whatever hobbies they have. You think that if you don’t, they will look … Read More “How to Avoid Keeping Up with the Joneses” »
The Financial Conduct Authority (FCA) which regulates the financial services industry in the UK, has authorised Klarna to offer regulated payments and credit services. Who is Klarna? Klarna Bank AB is a fully licensed Swedish Bank. It currently operates under the FCA’s Temporary Permissions Regime (TPR). As the TPR is due to expire on 31 … Read More “Klarna to Offer FCA Approved Payment and Credit Services” »
Despite the cost of living crisis, thousands of Brits are borrowing to buy cars using car finance. According to the Finance and Leasing Association, in the 12 months to August 2023, consumers used car finance to buy the following: New Cars: £16,777m in advances were provided to consumers to buy 650,234 cars. Used Cars: £22,427m … Read More “Buying a New or Used Car? Your Car Finance Options” »
Millions of people across the UK use cash and credit cards for purchases every day. However, why do so many overspend when using a credit card, unable to pay off their credit card balance each month? Reasons Why People Use Credit Cards Why do people use credit cards rather than cash or debit cards despite … Read More “Credit Cards Can Cause Overspending” »
This is how you could, with all the best intentions in the world, walk yourself into having a financial heart attack when paying off your mortgage. Your outstanding mortgage Let’s say you: Your available cash You’ve just moved jobs and got a pay rise. After calculating income and expenses you realise you are in a … Read More “Paying Off Your Mortgage Could Give You A Financial Heart Attack” »
