Analysis Topic: Personal Finance
The analysis published under this topic are as follows.
Saturday, December 24, 2011
UK Christmas Eve Shopping Sales 2011, High Street 75% Discounts: 24th Dec / Personal_Finance / Shopping
By: Nadeem_Walayat
UK Shoppers are continuing to enjoy deep discounts as distressed retailers have brought forward their traditional boxing day sales several days early by offering discounts of as much as 75% in an attempt to boost consumer interest as so far December retail sales have failed to live upto retailer expectations. Christmas Eve is expected to see record shopping during the limited opening hours which will be further boosted by very mild weather for the time of year.
Saturday, December 24, 2011
Christmas Eve Online Sales, NEXT, John Lewis, House of Fraser, Marks and Spencer / Personal_Finance / Shopping
By: Nadeem_Walayat
As the high street stores close today for Christmas the sales will not stop as the focus shifts online, especially as those retailers that have so far held off on starting their sales will open their online doors ahead of their high street stores on boxing day, this most notably includes NEXT, John Lewis, Marks & Spencer and PC World / Curry's.
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Friday, December 23, 2011
UK Pre-Christmas Holiday Shopping Sales 2011, Retailers Deep Discounts: 23rd Dec / Personal_Finance / Money Saving
By: Nadeem_Walayat
With the UK economy fast decelerating as a consequence of continuing economic austerity, rising unemployment and the bankrupting Eurozone plunging into another recession or worse, this sets the scene for UK shoppers to enjoy deep discounts in the annual sales with many distressed retailers already offering discounts ahead of Christmas of as much as 75% in an attempt at boosting consumer interest as so far December retail sales have failed to live upto retailer expectations.
Wednesday, December 21, 2011
Meadowhall Christmas Shopping, Where Are the Shoppers? / Personal_Finance / Shopping
By: Nadeem_Walayat
Last Saturday December 17th was hyped across the broadcast media as being "Super Saturday" which was forecast to be the busiest shopping day of the year based on research by online comparison site Kelkoo.
Monday, December 19, 2011
Most American's Still Have No Idea How Bad the U.S. Economy Is / Personal_Finance / US Politics
By: Global_Research
Economic Collapse writes: Even though most Americans have become very frustrated with this economy, the reality is that the vast majority of them still have no idea just how bad our economic decline has been or how much trouble we are going to be in if we don't make dramatic changes immediately. If we do not educate the American people about how deathly ill the U.S. economy has become, then they will just keep falling for the same old lies that our politicians keep telling them. Just "tweaking" things here and there is not going to fix this economy. We truly do need a fundamental change in direction. America is consuming far more wealth than it is producing and our debt is absolutely exploding. If we stay on this current path, an economic collapse is inevitable. Hopefully the crazy economic numbers from 2011 that I have included in this article will be shocking enough to wake some people up.
Wednesday, December 14, 2011
Adapt or Die in the Unemployment Line / Personal_Finance / Unemployment
By: Gary_North
Adapt or die: this is a free market principle. It was expounded as a fundamental principle of society by Adam Smith and the eighteenth-century Scottish Enlightenment. This idea was picked up by Erasmus Darwin and extended by his grandson, Charles, who applied it – adapted it – to biology.
The Scottish Enlightenment announced "adapt or die" as the basis of social progress. "Adapt or die" is a principle of liberty, they argued. It is applied most productively and beneficially on a free market, they concluded.
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Tuesday, December 13, 2011
UK Inflation Falls From 5% to 4.8%, No Christmas Joy for Savers / Personal_Finance / Savings Accounts
By: MoneyFacts
Inflation figures released today show the Consumer Prices Index (CPI) fell during November from 5.0% to 4.8%.
To beat inflation, a basic rate taxpayer at 20% needs to find a savings account paying 6.00% per annum, while a higher rate taxpayer at 40% needs to find an account paying at least 8.00%.
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Sunday, December 11, 2011
My Guide to Dealing with Debt / Personal_Finance / Debt & Loans
By: DailyWealth
Mark Ford writes: I had my first serious run-in with debt when I was 30 years old.
My wife K and I were renting a condominium in Washington, D.C. Our landlady came to us with an exciting opportunity: We could buy the condo for $60,000 with no money down. For just $100 a month more than what we were already paying for rent, we would be paying a mortgage. It sounded like a great deal, so we took it.
Sunday, December 11, 2011
What's Backing Your Bank Deposits? / Personal_Finance / Credit Crisis 2011
By: EWI
Is the bank really the safest place to keep your money? Robert Prechter joins the Mind of Money host Douglass Lodmell to discuss what backs bank deposits and how you can keep your hard-earned money safe.
Monday, December 05, 2011
The Governments Hidden $500 Billion Inflation Tax on Savings / Personal_Finance / Inflation
By: Dan_Amerman
There is a hidden and deeply unfair "tax" that is costing US savers in excess of $500 billion per year. Through forcing interest rates far below the rate of inflation, the government has effectively created a tax on savings that not only takes all real interest income, but quite deliberately confiscates wealth from tens of millions of savers every year - for the direct benefit of the government.
Saturday, December 03, 2011
How to Protect Your Bank Deposits, Savings From Euro-zone Collapse Financial Armageddon / Personal_Finance / UK Banking
By: Nadeem_Walayat
The Governor of the Bank of England, Mervyn King, woke up form financial paralysis to warn UK Banks to prepare themselves against the risks of a collapse of the Euro-zone by forgoing annual bonus payments (based on fictitious tax payer funded profits) and instead shore up their capital against the wave of defaults and bankruptcies both banking and commercial that would follow a collapse of the Euro-zone.
Wednesday, November 30, 2011
U.S. Credit Rating, Automation can’t Curb DC’s Spending / Personal_Finance / Government Spending
By: Dr_Jeff_Lewis
As Washington DC frets the automatic cuts coming from a failure of the super-committee, the American public is watching their wealth vanish. This disappearing act of wealth occurs on two fronts, first by the continuous spending and inflating in Washington, and secondly by a loss of confidence, which has sent the stock market plummeting in recent days.
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Monday, November 28, 2011
How to Retire With No Savings / Personal_Finance / Pensions & Retirement
By: DailyWealth
Dr. Steve Sjuggerud writes: "Do you have any savings?" I asked my friend Tony.
"Not really, no," he answered.
Tony is in his 50s. And he didn't sound worried in the least. How is that possible?
Saturday, November 19, 2011
Citibank UK U.S. Dollar Current Account Now Charging for Depositing Cheque's, How to Make an Extra 1% on Transfers / Personal_Finance / UK Banking
By: Nadeem_Walayat
Citibank for a number of years has provided UK customers a U.S. Dollar Checking account without fees if the balance across all Citi accounts is above £2,000. This has proved especially useful in depositing dollar cheque's that normally attract significant fees per cheque in addition to exchange rate spread mark-ups.
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Friday, November 18, 2011
Barclaycard’s 11% Cashback Incentive Credit Card / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
Louise Holmes, spokesperson for Moneyfacts.co.uk, commented: “The news that Barclaycard has added an 11% cashback incentive to its Platinum Balance Transfer card until 31st December 2011, should please consumers.
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Wednesday, November 16, 2011
The New Banking Fees That Are Silently Squeezing You / Personal_Finance / Current Accounts
By: Money_Morning
Kerri Shannon writes:
Customers won a victory in early November when their protests prompted Bank of America Corp. (NYSE: BAC) to drop new banking fees on debit cards.
But while you were celebrating, banks got busy finding new ways to recoup that money.
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Tuesday, November 15, 2011
Inflation, the Curse of Savers, Savings Accounts that Track RPI / Personal_Finance / Inflation
By: MoneyFacts
Inflation figures released today show the Consumer Prices Index (CPI) fell during October from 5.2% to 5.00%.
To beat inflation, a basic rate taxpayer at 20% needs to find a savings account paying 6.25% per annum, while a higher rate taxpayer at 40% needs to find an account paying at least 8.33%.
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Saturday, November 12, 2011
How the United States Will Become a 3rd World Country / Personal_Finance / US Politics
By: Ron_Hera
The United States is increasingly similar to a 3rd world county in several ways and is accelerating towards 3rd world status. Economic data indicate a harsh reality that obviates mainstream political debate. The evidence suggests that, without fundamental reforms, the U.S. will become a post industrial neo-3rd-world country by 2032.
Friday, November 04, 2011
Best Cash Back Credit Cards for this Christmas / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
The festive season is nearly upon us and many people will be contemplating the task of Christmas shopping over the next few weeks.
Cashback credit cards are a good option for consumers who may be facing an expensive Christmas, as they offer rewards in return for spending. A range of cashback cards are available, offering varying rewards subject to how much and whereabouts consumers spend.
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Wednesday, November 02, 2011
Money Market Funds, An Investment Whose Time Has Passed / Personal_Finance / Savings Accounts
By: Terry_Coxon
Terry Coxon, The Casey Report writes: Money market funds began as a bright and useful idea, became a habit, and recently have become a bad habit.
Money market funds were invented in 1971 as an innovative end-run around Federal Reserve Regulation Q, which prohibited paying interest on demand deposits. The purpose of Reg Q was to stifle competition in the deposit-taking business in order to benefit commercial banks – at the expense, of course, of depositors.
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