‘RISING household debt is now emerging as one of the biggest worries for Scots as the latest data from Citizens Advice Scotland show that its average client owes £13,380 - a 64 per cent increase since 2001. More than one in five clients have debts of more than £20,000.
The data follows publication last week of […]
‘Citigroup Inc. plans to cut 500 more jobs in the Des Moines area, landing another punch to the local economy.
Since April 2004, the financial services company has announced plans to eliminate 1,445 jobs in Des Moines and West Des Moines.
Citigroup told employees Wednesday that it will cut 500 of the 925 jobs at a credit-card […]
‘The Consumer Council fears that many banks are not sharing the “spoils” of profit increases with their customers.
It comes as First Trust Bank (FTB) and the Royal Bank of Scotland (RBS) reveal impressive profits for 2004.
Speaking about FTB and RBS’s announcements, Eleanor Gill, chief executive at the Consumer Council said: “These profits are good news […]
TownOnline has a good article answering a question about helping seniors with their finances.
‘People of all ages are forced to deal with endless paperwork these days. It’s easy to confuse important documents with junk mail.
Some elders, overwhelmed with the volume of correspondence, simply stop reading all of their mail. Clearly, […]
‘Every other night or so, the calls start pouring in from Asia to the homes of Peter Leonard and several traders he supervises at Nomura Securities in New York, jolting them awake sometimes as often as five times a night.
The calls come from places such as Tokyo, Shanghai, Hong Kong and Singapore, where investors want […]
‘Spring is right around the corner.
OK, it’s really a month off. But the signs are here: longer days, melting snow and - if you live in a neighborhood like mine - sprouting For Sale signs.
I won’t be surprised if this spring’s housing market becomes one of the hottest ever. Mortgage rates are still very low, […]
‘New research by independent market analysts Datamonitor reveals that consumer borrowing has risen significantly.
Datamonitor found that borrowing via credit cards, motor and retail finance deals, overdrafts and unsecured personal loans has risen to £4,004 per average UK adult at the end of 2004.
This constitutes an increase of ten per cent on the previous year’s levels […]
About.com has Five Smart Money Moves for New College Graduates - here is number 3:
Don’t Buy a New Car - ‘You may be tired of driving a clunker in college or having no car at all, but buying a brand new car is a costly mistake that could keep you on a tight budget for […]
CNN Money has a good post on Budgeting and saving advice for parents.
‘Saving money isn’t just about clipping coupons and hinting for hand-me downs. With a little planning and creativity, you can still shop for new clothes, go on vacation and have a life.
“I shop for next winter in January,” said Teri West, mother […]
‘LEVELS of personal savings and investment in the UK are set to soar, according to research out today.
The Alliance & Leicester Wealth Tracker Index, which surveyed 2000 adults across the UK, reported that people are planning to double the amount they save compared with a year ago. Investment confidence is also increasing, the report added, […]