Money Stand

With the world financial crisis smoke still wafting through much of the western world, it is almost with impeccable timing that a man whom some blame for the igniting of the financial disaster flame will be returning to the big screen; Michael Douglas. Okay, so really we mean Michael Douglas’s infamous character Gordon Gekko, a [...]

If you are deeply in debt then it may be that bankruptcy appears to be the only option. There are others and below I briefly mention 3 of them. If you are thinking of bankruptcy then your local Citizens Advice Bureau can advice you of your options and who to speak to next. IVA An [...]

Saving money doesn’t have to involve making large sacrifices. My granny always used to say if you look after the pennies the pounds will look after themselves. Small savings of even just a pound everyday can have a great impact on your finances. Here are five tips on how to save a pound each day: [...]

I don’t lie about debt to my partner. I think that one of the main things about an honest relationship is transparency, and it is an important feature to maintain a healthy relationship. I have seen in the past, with firsthand experience, how debt can affect families. My Dad suffered greatly with debt when he [...]

If financial problems wrack you with worry, take comfort in the knowledge you are not alone. In fact, the list of the rich and famous who have struggled with debt is a surprisingly long one. Here is just a small selection; Thinking of buying a whole town? It is not cheap and may well lead [...]

Instead of declaring bankruptcy, how about trying these commonly used debt solutions…. 1. An IVA. These were introduced by the Government as a way of debt management without resorting to the complex legal process of Bankruptcy. You negotiate a percentage with creditors of how much you can pay back, and if they agree you may [...]

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, [...]

Throughout the recession we have continually been warned to be creative with our money.  However, it is doubtful that the financial experts issuing such warnings had the following in mind when they recommended creativity!  Some people appear to have taken creativity to the extreme by differing origami shapes from bank notes take a look at [...]

One alternatively to being bankrupt is not to be in debt in the first place. That’s easy for me to say, since I have this knowledge first hand. There’s so many simple rules that you can live by to ensure this never happens and I will try to outline the lessons that I have learned [...]

As soon as children can understand a little about money, you can start to teach them the value of saving and the dangers of debt. When they get pocket money, encourage them to save a little each week. Then tell them about bank accounts; make it fun, tell them “when you put pennies in the [...]