2007 has been a very dynamic year that ushered in significant financial changes for all of us in the UK. Consumers have been forced into being cautious about spending by events such as: The credit crunch originating from the US The Northern Rock crisis Christians are learning the importance of living by God’s ways of handling [...]
January – The "Spend Nothing" Month
December 27, 2007 By Leave a Comment
Many years ago, i used to dread the month of January. I even called it the “Longest month of the Year” for the financal pressure it comes with. The reasons being; you get paid earlier in December in time for Christmas which makes the next payday about 40 days away!!; and in the meantime you spend [...]
Start Saving For Christmas 2008
December 26, 2007 By Leave a Comment
OK – I know the big day has just passed, presents finally opened; full stomachs and empty bottles all over the place but what better time is it to start getting ready for the next Christmas. Some people i know have managed to celebrate Christmas without neither raiding their savings nor using credit-cards or overdraft [...]
The Other Side Of Christmas
December 13, 2007 By 2 Comments
As a kid, i have loved the Christmas season; the songs, the lights, presents, relatives visiting us, no school and best of all – the food!!! While i believe everybody should enjoy their food, try as much as possible not to FEED YOUR DEBT (if you have any) because what you feed will grow. If you feed your [...]
The 'Needy' Spend More On Gifts
December 10, 2007 By Leave a Comment
A disturbing trend seems to be developing when it comes to giving Christmas gifts in the UK. In a recent poll for AOL Shopping, it is suggested that the poorer the parent, the greater the proportion of income spent on children’s Christmas presents. According to the study, those earning less than £100 a week expect to [...]
Children And Your Annual Budget
December 7, 2007 By 4 Comments
The cost of raising a child form birth to the age of 21 has reached more than £186,000, new research shows. This is the equivalent of £740 a month or £25 a day. Since the insurance firm Liverpool Victoria first began their research in 2003, the expenses associated with raising children have increased by a [...]
Beware of credit cards cheques this Christmas.
December 4, 2007 By Leave a Comment
Last year, credit card companies tried to entice consumers into spending even more by sending out 300million unsolicited credit card cheques. 50% of all customers with a credit card were sent the cheques even though only 2% asked for them – a survey revealed. The average interest rate on a credit card then was 15.7% [...]
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