Analysis Topic: Personal Finance
The analysis published under this topic are as follows.
Tuesday, May 17, 2011
UK Savers Struggle Worsens on Release of Latest Inflation Figures / Personal_Finance / Savings Accounts
By: MoneyFacts
Inflation figures released today show the Consumer Prices Index (CPI) increased during April from 4.00% to 4.50%.
To beat inflation, a basic rate taxpayer at 20% needs to find a savings account paying 5.63% per annum, while a higher rate taxpayer at 40% needs to find an account paying at least 7.50%.
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Wednesday, May 11, 2011
Time to Get Rich, the Compounding Process / Personal_Finance / Learning to Invest
By: Gary_North
"If I had just known at age 18 what I know today!" That lament is among the most universal among people aged 50 or older. Is there any society in which it cannot be heard?
I was reminded of this when I watched a video of half a dozen of coach John Wooden's most talented basketball players. It was produced in 2010, just after his death at age 99. He had retired 35 years earlier, yet he was still remembered and admired.
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Tuesday, April 12, 2011
Desperate Times for UK Savers / Personal_Finance / Savings Accounts
By: MoneyFacts
Inflation figures released today show the Consumer Prices Index (CPI) decreased during March from 4.4% to 4.00%.
To beat inflation, a basic rate taxpayer at 20% needs to find a savings account paying 5.00% per annum, while a higher rate taxpayer at 40% needs to find an account paying at least 6.67%.
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Wednesday, April 06, 2011
Cushion Your Retirement by Investing in IRAs / Personal_Finance / Pensions & Retirement
By: Money_Morning
Larry D. Spears writes: If I were to recommend a stock and guarantee a return of 10% to 28% on your investment in a single day, you'd no doubt line up at your broker's door to place your orders.
But then why do so many people fail to make the maximum contribution to their Individual Retirement Accounts (IRAs)? After all, in its traditional version, an IRA offers exactly the same return, depending on your personal tax bracket.
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Friday, April 01, 2011
The Five-Million-Dollar Reason for Investors to Go Offshore / Personal_Finance / Investing 2011
By: Terry_Coxon
Terry Coxon, co-editor of The Casey Report, is president of Passport Financial, Inc., and for over 30 years has advised clients on legal ways to internationalize their assets to optimize tax, wealth protection and estate planning goals. Read here how you can take advantage of a U.S. tax act and save a lot of money in the process…
Monday, March 21, 2011
Banks Entice Savers into Fixed Cash ISAs / Personal_Finance / ISA's
By: MoneyFacts
High demand for savers’ money has led to a sharp rise in the number of fixed rate ISAs.
In the last two years alone the number of fixed rate ISAs has more than doubled from 56 in March 2009, to 139 today.
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Friday, March 11, 2011
The Debt Trap: Are the Scavengers Stalking You? / Personal_Finance / Debt & Loans
By: Jack_Reed
You fought off your debts successfully last year. Today you are a happy man. You take pride in enlightening your friends about your debt story because you were never bogged down by it. It feels great because people now people come to you with their financial problems.
Monday, March 07, 2011
15 Tips for Staying Sane While Unemployed / Personal_Finance / Unemployment
By: Chris_Kitze
There is nothing easy about being unemployed. It is stressful. It depletes your sense of self-confidence and takes away any feeling of financial stability that you may once have had. The longer that unemployment drags on, the more it feels like it’s going to make you crazy. However, there are many things that you can do to keep your sanity even while you’re unemployed. While it may sometimes be tough to motivate yourself to do these things, doing so will improve your mental health during your job search and make you a more appealing candidate at those interviews!
Friday, February 25, 2011
UK Savers Continuing Negative Real Interest Rates Punished for Bankster Crimes / Personal_Finance / Savings Accounts
By: Nadeem_Walayat
The tax payer bailed out vampire-esk banking sector continues to suck the life blood of savers by paying sub inflation interest rates to savers on even the governments highly doctored and under reported inflation measure of CPI. This analysis seeks to evaluate to what degree today's savers are subsidising the high street banks when comparing their BEST instant access savings accounts against the official CPI inflation rate.
Friday, February 18, 2011
Best Cash ISA Savings Account as April 5th 2011 Tax Year Deadline Looms / Personal_Finance / ISA's
By: Nadeem_Walayat
With UK Inflation soaring on even the governments preferred measure of CPI at 4%, which stands against the more recognised RPI rate at 5.1% and real inflation as experienced by most of the population at 6.6%, UK savers continue to have the real terms value of their life time accumulated savings effectively stolen so as to bolster the bankrupt bailed out banks balance sheets, savers can lessen the stealth theft of wealth by utilising their annual cash ISA allowances before the end of the current tax year (5th April 2011) as it is a case of use it or lose it.
Tuesday, February 15, 2011
CPI Inflation 4%, UK Savers Pain Gets Tougher / Personal_Finance / Savings Accounts
By: MoneyFacts
Inflation figures released today show the Consumer Price Index (CPI) increased during January from 3.7% to 4.00%.
To beat inflation, a basic rate tax payer at 20% needs to find a savings account paying 5.00% pa, while a higher rate tax payer at 40% needs to find an account paying at least 6.67%.
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Tuesday, February 01, 2011
UK Average Credit Card Interest Rates Hit 13 Year High / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Increased competition in the credit card market at the end of the 1990s meant rates started to fall, dropping to their lowest level in 2006.
Since 2006, as the economic downturn took hold, credit card rates have steadily increased, with the average rate for new customers today hitting a 13 year high of 18.9%.
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Tuesday, January 18, 2011
Four Steps to a Richer Retirement / Personal_Finance / Pensions & Retirement
By: Nilus_Mattive
Take a quick survey of the retirement landscape and things look pretty darn dire.
According to a survey conducted by Wells Fargo last month, the average American has managed to save a meager 7 percent of the amount they’d like to have in their Golden Years.
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Tuesday, January 18, 2011
Further Misery for Savers as Inflation Hits CPI 3.7% / Personal_Finance / Inflation
By: MoneyFacts
Inflation figures released today show the Consumer Price Index increased by 0.4% to 3.7% during December.
To beat inflation, a basic rate tax payer at 20% needs to find a savings account paying 4.63% pa, while a higher rate tax payer at 40% needs to find an account paying at least 6.17%.
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Friday, January 14, 2011
What You Should Do to Cut Your Energy Bill / Personal_Finance / Gas - Petrol
By: Sean_Brodrick
A Modern American uses about as much energy as a blue whale. That’s not an easy feat, considering that blue whales outweigh us — even us supersized Americans — 2,285 to 1. But this has consequences for the whole world because the whole world wants to live like big, fat Americans, and the world can’t support 7 billion blue whales.
Wednesday, January 05, 2011
Is Your Bank on the "100 Safest" List? Maybe You Should Find Out / Personal_Finance / Credit Crisis 2011
By: EWI
We want to trust in the financial stability of our bank. After all, most of us have money in these institutions.
In spite of our wishful thinking, the tide of bank failures has not stopped. And these failures are occurring well after the heart of the financial crisis -- and even after some of these banks received bailouts.
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Monday, January 03, 2011
United States Postal Service Announces Forever Stamps / Personal_Finance / Inflation
By: Peter_Schiff
The United States Postal Service announced this week that all future first class postage stamps sold will be the so-called "forever stamps" that have no face value but are guaranteed to cover the cost of mailing a first class letter, regardless of how high that cost may rise in the future. Currently these stamps are sold for 44 cents, but will increase in price if and when the Post Office hikes rates.
Monday, January 03, 2011
Stop Accumulating Additional Debt, 2011 To-Do List / Personal_Finance / Debt & Loans
By: Andy_Sutton
Many people I’ve spoken with over the past 6 months or so have expressed extreme dissatisfaction with their individual and/or collective ability to affect change in government. Sure, there have been some small victories here and there, but by and large our biggest problems continue to rage on unabated. For quite some time I shared in their frustration, and still do, but have realized that sometimes the actions of the masses need to take place on a different level to change the bigger paradigms. To use some old adages, we shouldn’t throw stones from a glass house, and we should certainly tend to our own backyard before criticizing that of our neighbor. On this last day of 2010, let’s take a look at what we can do in our own financial lives to improve our situations. Let’s call it trickle-up responsibility.
Monday, December 27, 2010
Is Putin pitiable, or is the FT corrupt? / Personal_Finance / Mainstream Media
By: Eric_Kraus
Reading the FT on Russia, what is interesting is not what they write – it is why they write it. A friend of T&B was told face-to-face about six months ago by an FT editor that, as a journalist here, one’s role has to be ”to write about how awful Russia is”. (While, admittedly, T&B does not know many FT journalists in Poland, Belgium or Mexico, we strongly suspect that they have an entirely different mandate. Only in Russia has the paper descended to outright advocacy…)
Monday, December 27, 2010
UK Sales Bank Holiday Monday, Discounts List Update and Buying Tips / Personal_Finance / Money Saving
By: Nadeem_Walayat
SALES - 27th DEC 2010 UPDATE - The worst weather for decades coupled with economic austerity and the January 4th VAT hike from 17.5% to 20%, set the scene for shoppers to enjoy deep discounts in the annual sales with many distressed retailers making deep discounts of at least 50% and as much as 75%.