February 6, 2012

Do You Suffer From "Bling-itis"?

Millions of us are suffering from “bling-itis” as we try to keep up with friends – the proverbial Joneses. 70% of people aged 16 to 34 admitted to secretly competing with friends over expensive cosmetics, gadgets and clothes – a survey by Monilink showed. Other age groups can be as guilty as those above. What [...]

Take a Breather

Do you realise that modern life has morphed the WEEKEND into the ‘WORKEND’? Nearly 75% of us, according to a survey by the paintmakers Dulux, say the weekend is no longer a time to put up your feet and let your hair down. Instead we spend 6 hours of each day of the weekend on [...]

Escape The 'Benefits' Trap!!

A report from the Dept. of Works & Pensions shows that about 3.4 million people have been claiming state benefits such as incapacity benefit, income support and jobseekers’ allowance for more 2 years. this is a an increase of 250,000 compared to the figures from 1999. Fair enough, there are folks who genuinely cannot work [...]

The UK '10p' tax band has gone

Last week, changes to income tax came into force which saw a rise for over 5 million low paid workers. The changes, introduced in 2007′s budget for the tax year 2008/2009, has seen the lower 10p tax band doubled to 20p in the pound, hitting workers earning under £18000 per year. Those earning more have [...]

How to Break Habits that Lead to Debt

A habit, good or bad, is a recurrent, often unconscious pattern of behaviour that is acquired through repetition. Some of our financial habits lead us into debt. The best way to avoid debt is to stay away from the habits that lead to it. If you can identify those habits, you can begin to tackle [...]

6 Years For A House Deposit

Nearly 25% of all first-time house buyers think they will have to save for six years to set aside enough money for a housing deposit, a survey showed this week. The average first-time buyer takes three-and-a-half years to save a typical deposit of £22,800 for a first home, but 23% think it will take them [...]