With the housing market finally slowing down and, some say, potentially about to plummet, now might be a good time to take out a loan to do some home improvements. Now is certainly not the time to try and move up the property ladder, so if your ambitions in that direction have stalled, you could [...]
Home improvement loans are a definite no go area. I think that home improvement loans are a false economy for the following reason. Most home improvement loans are borrowed money, usually that either increase your mortgage balance or run along side it for the entire duration of the loan. Now then, lets do the sums, [...]
Home improvement loans do tend to have many advantages and disadvantages. Of course it really depends on what you plan to use the loan on in order to assess whether they are a good way of adding value to your home. Home improvement television programmes often show how a new kitchen or bathroom can increase [...]
Student loans are a necessity for almost all students. And while starting your working life with a large debt is hardly ideal, student loans are one of the best types of loan available. The APR of a student loan is the same as the rate of inflation. So effectively, the size of your debt never [...]
Get help with debt. It is so easy to get into debt, but not as easy to get out of it. The first thing you need to do to get debt free is set a realistic household budget. List all things you have to spend money on i.e Gas – Electric, mortgage, then list all [...]
So you have a household budget that you stick to but you’re still worried about falling into debt? Well that is understandable, all it takes is for the boiler to pack in, or unforeseen circumstances to pop up causing necessary expenditure of cash you don’t have. The first way to buffer against this is to [...]
1. Never let your expenditure exceed your income. Use a budget to work out how much you can afford to spend on the various costs of living and stick to it! 2. Write down everything you spend. It’s surprising how much money you can waste on non essentials and not even remember where it went. [...]
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