Analysis Topic: Personal Finance
The analysis published under this topic are as follows.
Friday, November 26, 2010
Euro Debt Crisis Bankruptcy Bailout Queue, Protect Savings & Deposits From Banks Going Bankrupt! / Personal_Finance / Credit Crisis 2010
By: Nadeem_Walayat
The global banking system that publicly went bankrupt during September 2008 prompting government interventions in the form of capital injections, buying of toxic assets, insurance of bad debts and even outright nationalisation's has started to bankrupt the states that bailed them out, starting with the smaller states with Iceland setting the ball rolling, and this year the bailiffs came knocking on the doors of the Eurozone club members, with first Greece, and now Ireland requiring a Euro-zone bailout (German) to prevent debt default bankruptcy, where if one falls then soon would all of the dominos tumble.
Sunday, November 21, 2010
How Wall Street Ratings Deception Entrapped Two Million Americans in Failed Insurance / Personal_Finance / Insurance
By: Martin_D_Weiss
Let’s say you put a big chunk of your nest egg in a life insurance policy with an A+ company.
You invest another sizable amount in a portfolio of high-rated corporate bonds and tax-free municipal bonds.
Then, feeling safe and secure with most of your funds, you take a flyer on a few stocks that a dozen separate research analysts have unanimously rated as a “buy” or at least a “hold.”
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Tuesday, November 16, 2010
UK Savers Continue to be Punished by High Inflation / Personal_Finance / Savings Accounts
By: MoneyFacts
Inflation figures out today show a rise in Consumer Price Index to 3.20%.
To maintain the purchasing power of their savings, a basic rate tax payer needs to find a savings account paying 4.00 % pa, while a higher rate tax payer at 40% needs to find an account paying 5.33%.
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Tuesday, November 09, 2010
Russians Don't Borrow Money From Friends / Personal_Finance / Russia
By: Pravda
Russians prefer to borrow from relatives, but are always willing to lend money to their friends. However, friends do not rush to ask for financial support, unwilling to ruin the friendly relations with money matters. However, respondents of the research center Superjob.ru do not always favor the requests of their relatives who want to borrow significant amounts of money.
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Wednesday, October 27, 2010
New Junior Cash ISA's to Replace Child Trust Funds / Personal_Finance / ISA's
By: Nadeem_Walayat
The Coalition government has announced plans to replace the Child Trust Funds with Junior ISA's. CTF's proved an abysmal failure as usually only the state would make contributions into a limited range of funds available, all of which have lost money after inflation and therefore acted purely as a vehicle for financial institutions to earn commissions and therefore a proved a waste of over £6 billion of tax payers money.
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Tuesday, October 19, 2010
Top Three Ways to Boost Your Credit Rating / Personal_Finance / Credit Cards & Scoring
By: Credit_Choices
Your credit rating is calculated by a credit reference agency. The agency will carry out a credit rating check by compiling information based on a variety of sources, such as the electoral role, financial data and court records. This information is sold onto lenders who will use it to decide whether to lend money or what deals to make available to the customer.
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Thursday, October 07, 2010
How 40% Tax Payer Families Can Keep Child Benefit Using Pensions / Personal_Finance / Taxes
By: Nadeem_Walayat
Firstly, virtually all of the mainstream press are WRONG in the assumption that the 40% tax band kicks in next tax year from £44,000 because they have failed to take into account tax changes announced in the June emergency budget that in effect reduces the higher rate tax band towards a rate of approx £42,500 (pending release of September RPI later this month).
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Wednesday, October 06, 2010
Fee Paying U.K. Current Accounts Double, Big Profits for the Banks / Personal_Finance / UK Banking
By: MoneyFacts
In the current economic climate, current account credit interest rates have fallen significantly. So much so, that a number of providers have decided to scrap paying credit interest altogether.
In recent weeks, NatWest and RBS have stopped paying credit interest on all of their current accounts.
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Tuesday, October 05, 2010
How To Decide Between Fixed-Rate and Tracker Mortgages / Personal_Finance / Mortgages
By: Credit_Choices
One of the biggest decisions to make when taking on a mortgage is whether to go for a fixed-rate mortgage or a tracker mortgage. You need to consider your own personal circumstances, and all the potential outcomes of being signed up to each kind of mortgage.
Tuesday, October 05, 2010
Top Tips For Switching Between Mortgage Deals / Personal_Finance / Mortgages
By: Credit_Choices
If your mortgage deal is no longer competitive, it may be time to switch. However, choosing the wrong mortgage could cost you thousands of pounds a year. Here are the most important things to consider when planning to switch mortgages.
Thursday, September 30, 2010
Retirement Investors Take Advantage of the Greatest Government Tax Loophole Ever / Personal_Finance / Pensions & Retirement
By: DailyWealth
On December 31, 2010, the government will close an amazing loophole... one that affects 60% of the U.S. population.
In an attempt to collect taxes today to pay for its excesses, the government is promising to never tax our retirement money in the future. Let me explain...
Tuesday, September 28, 2010
Tips for Finding Cheap Loans You can Rely On / Personal_Finance / Debt & Loans
By: Credit_Choices
If you see an advertisement for a cheap loan which seems too good to be true, it may well be. Here are some top tips for spotting the potential pitfalls of loan offers and finding the right cheap loan for you.
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Saturday, September 18, 2010
Top 10 Tips For Finding the Best Savings Interest Rate / Personal_Finance / Savings Accounts
By: Credit_Choices
More and more people are reducing their spending and choosing, instead, to save or invest the money they earn. Find the best savings rate available to you and the money you put away will go a lot further. Here are the top ten tips for finding the best savings rates.
Friday, September 17, 2010
Mortgage Repayment Protection, Is it worth it? / Personal_Finance / Mortgages
By: Credit_Choices
Mortgages were seen in the boom years as a foolproof way of borrowing, leading to inevitable profits from soaring house prices. Now the recession has hit, many people are struggling to repay their mortgages by themselves - this is where mortgage protection comes in.
Wednesday, September 15, 2010
Save on Credit Card Interest Rate Payments by Utilising Interest Free Credit Cards / Personal_Finance / Credit Cards & Scoring
By: Credit_Choices
Paying interest on a credit card can take a big chunk out of your monthly earnings, so if you can avoid paying interest by using an interest free credit card, you should do so. There are now a variety of different credit card deals which can help you last longer without paying interest, you just need to know how to navigate the interest free credit card marketplace.
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Tuesday, September 14, 2010
What Are ‘Adverse Credit Cards'? / Personal_Finance / Credit Cards & Scoring
By: Credit_Choices
David P Walker writes: Adverse credit cards are available for people who may not have access to the most competitive credit cards. This is usually because they have a bad credit rating, and are therefore considered by lenders to be in the ‘high risk’ category of borrowers. Adverse credit cards usually have higher interest rates and less features than other credit cards, making them an unattractive option for those who can take out other types of credit card. However, they can help to rebuild a good credit rating, if used sensibly.
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Tuesday, September 14, 2010
Top 5 Tips for Using a Credit Card Abroad / Personal_Finance / Credit Cards & Scoring
By: Credit_Choices
Using a credit card abroad can be an expensive business. If you are planning to make use of your credit card abroad, there are some simple steps you can take to ensure you get the best deals and pay as few fees and charges as possible.
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Monday, September 13, 2010
Three Steps to Your Monetary Freedom / Personal_Finance / Fiat Currency
By: LewRockwell
Richard C.B. Johnsson writes: What is needed for us to have real monetary freedom? Do we have to repeal legal tender laws? Abolish the central bank? Introduce a gold standard? Denationalize money á la Hayek? Or perhaps to introduce some other major policy change?
Not really. We just have to use some magic, some monetary magic.
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Thursday, September 09, 2010
Banks Hit Customers With Increased Overdraft Intereat Rates Despite No Change in Base Rate / Personal_Finance / UK Banking
By: MoneyFacts
Recent figures from the Bank of England show overdraft rates at an all time high.
In the last 18 months, more than a quarter (26%) of current accounts have seen increases in their authorised overdraft rates, despite no change in the bank base rate. (See appendix for full details)
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Tuesday, September 07, 2010
Four Ways to Make Your Money Work Harder / Personal_Finance / Money Saving
By: Nilus_Mattive
After a great Labor Day weekend, a lot of Americans are now back at their desks, hard at work … and I’m no exception.
But while you might rather be back at the beach or the family barbecue, the good news is there are things you can do to make sure your hard-earned money is working hard for you in return.
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