Having a savings fund these days is incredibly crucial for someone to have the capacity to get by each day without the hazard of declining into debt. Keeping a healthy savings account will surely help anyone in unusual situation. Insurance Monthly payments of insurances are the usual norm for most people. It is, however, recommended [...]

It is estimated that roughly £1bn worth of gift vouchers will be given as Christmas presents over the festive season and many of these are never going to be used. The Voucher Association, which is the trade body for the industry, has admitted that up to a quarter of all vouchers will never be used. [...]

Many consumers are unaware of a situation called ‘debt dependency.’  This refers to a condition where consumers become indebted, and are forced to continue borrowing on credit cards and payday loans just to make ends meet each month. These spenders never reach a point where they can save money, and pay cash. In fact, so [...]

Understanding how to manage your personal finances will help you build a secure and comfortable financial future for you and your family.  This includes knowing where you currently stand financially.  You will need to know what your expenses are, what debts – eg personal loans, overdrafts, store cards – you are currently holding, your regular [...]

Female UK consumers are building huge debt loads through unsecured personal loans, like credit cards.  They are spending this money on lifestyle purchases, shopping and fashion. Price comparison site Uswitch.com  released a recent report on the spending habits of women in UK.  The female population  owes more than £20 billion in unsecured loans and an [...]

There are several people who are falling into debt every year and end up seeking financial advice from credit counsellors. Here are a few tips that these credit counsellors will offer that will prevent you from falling into debt. Watch out for introductory offers Frequently people fall for low introductory offers with high interest rate [...]

Many people keep their debts a secret from their partners,  family, and friends, according to The Debt Counsellors Annual UK Debt Survey 2007. The Debt Counsellors conducted the survey by polling people who asked for help with their debt management problems.  The results reveal a significant percentage of  UK consumers keeping their debt worries to [...]

A survey by uSwitch has shed some light on UK consumer’s shopping habits.  The survey claims that there are more than 765 000 shopaholics. The research gives a profile of the shopaholic as someone who tends to be under 25 years old, earns £18,959 a year, spends 14 per cent of their disposable income on [...]

A survey from Prudential Home Insurance has found that more than 25 per cent of UK consumers have wardrobes worth £2,000 and 6 per cent, or 2.5 million people, have wardrobes worth as much as £5 000.  At least one fifth of the consumers in the study group own three designer items. “The increasing popularity [...]