Many people are not saving enough money, it has been found.A large proportion of Britons do not feel financially secure due to the level of debt they have accrued on credit cards or personal loans, new research has suggested.According to a study conducted by Scottish Widows, which released its ... Views: 659
Australia's interest rate looks set to remain at 4.75 per cent in the short term.Consumers with a Student Accounts in Australia will be interested to learn that it looks like the national interest rate will be frozen in the immediate future.The Reserve Bank of Australia (RBA) today (August 16th) ... Views: 654
Families are in a stronger financial position than five years ago, new research has claimed.New research has indicated that Australian households are in a stronger financial position than they were back in 2006 - prior to the global recession - potentially leaving people with more money to place ... Views: 634
Couples should bank separately for tax reasons, it has been said.Maintaining separate current accounts is sensible for couples who are married or cohabit due to tax reasons, a specialist believes.Some people may decide it is a good idea to operate a joint account with their spouse in order to ... Views: 610
People approaching retirement age may wish to look into taking out savings accounts, it has been suggested.It could be essential for older people to take the time to compare savings on products such as ISAs and fixed rate bonds prior to giving up work due to issues with the state pension in ... Views: 830
It is important for students to avoid assuming they are covered by their parents' home insurance policies.
Student account holders must not make the mistake of assuming their possessions are covered by their parents' home insurance policies.
That is the warning issued by Mike Powell, ... Views: 696
An expert has spoken about switching to saving from spending.Switching from a trend of borrowing on items such as credit cards to facilitating savings accounts like ISAs or fixed rate bonds will not be an overnight process for people in the UK.That is according to Mark Bower, managing director ... Views: 587
Those who take out term deposits should be aware they will not be able to access their funds for a certain length of time.People who are keen to save some money might like to take out term deposits, as they are the products to have for those keen to lock in the interest rate.This is according to ... Views: 606
Consumer borrowing is a cause for concern, it has been claimed.Weak consumer borrowing, which could include home loans and Aussie credit cards, is one of the key concerns facing the Australian economy, according to one expert.Savanth Sebastian, an economist at CommSec, said that lending finance ... Views: 705
Younger people require encouragement to put cash aside for their future, it has been said.Younger members of British society need to be given encouragement to compare savings and then actively use products such as cash ISAs and bonds, an expert has suggested.According to Jason Riddle, co-founder ... Views: 645