Category Archives: Debt

2 Areas of Personal Finance Often Overlooked

I find it amazing how many of us don’t learn about our personal finances until the very moment that we’re trying to dig ourselves out of the heaping pile of debt we’re under. However, if I really sit back and think about it… that’s the way most things are. We fail to prepare and only… Continue Reading

Payday Loans Direct Lender – a responsible option

Many people in the UK find it very hard to keep their financial balance intact.  Most are glad to simply have their jobs to provide a steady income to allow them to take care of their responsibilities and have a little fun. The good news is, should you have a financial shortfall and need some money for… Continue Reading

Calculating How Much Interest I Pay Monthly

I originally calculated how much interest I was paying to finance companies and banks in 2009.  Re-reading the post I actually remember feeling very annoyed how much money was being spent just servicing my debt.  While I updated the numbers some 19 months later, I haven’t looked into these calculations in over 4 years. Below… Continue Reading

Why interest rates might go up in 2015 – and what it means to you and your mortgage

Predicting the economy is a complex business (and very lucrative for those who get it right). In reality, though, interest rates are affected by so many things across the global economy, that looking far ahead is almost impossible. With interest rates at an all-time sustained low, many commentators are predicting a rise in interest rates… Continue Reading

How to use Financial Speculation as a way of overcoming Debt

In days gone by, the common perception was that the spectre of debt could only be overcome by reducing expenditure and commiting to saving money. While this remains viable advice, however, it is not necessarily the most productive method in an economic climate where unemployment remains high and disposable income decidedly low.   Instead, the… Continue Reading

Coming Up With a Debt Repayment Plan

Part of my post-summer refocus is to get back to some of the basics with regards to my family’s personal finances.  First step was to reassess my family’s cash flow and make the appropriate changes.  Second step is to take a look at my debt, and come up with a plan. As of September 1st I have… Continue Reading