‘Good news: If you want to invest in the most promising stocks for the next 50 years, you don’t need to read up on nanotechnology, fuel cells or genetic engineering.
Chances are you’ll do better with companies that produce humdrum products you’ll find around the home: soda pop, food and household supplies, gasoline and medicine.
So concludes […]
‘ALARM bells should be ringing over so-called “budget” home contents policies. A staggering 45 per cent of contents claims paid by “high net worth” insurers last year would not have been covered by standard insurance companies.
Ordinary home policies hide away an averaging clause. If a claim is made and your contents exceeds the sum insured, […]
‘When you stop on the way home from work to pick up some milk, how do you pay? Cash? Check? Credit card? Or do you just pull out your debit card?
Increasingly, plastic is the payment method of choice.
Electronic payments, including debit and credit cards, surpassed checks for the first time ever last year, according to […]
‘FEARS that an end to the global credit boom could lead to millions more business failures has forced bankruptcy advisors to take on extra staff.
PriceWaterhouseCoopers, the world’s largest corporate recovery adviser, said today it was hiring insolvency specialists in sectors such as retailing, utilities and telecommunications in preparation.
Record borrowing by speculative-grade companies in Europe and […]
‘For many consumers, a mountain of credit card debt becomes an impossible situation when the monthly payments extend beyond reach. Consumers may feel they are backed into a corner and have no viable alternatives. As a result, it can be very comforting to discover that someone, such as a credit counselor, is on their side. […]
‘More states are requiring students to learn about managing money, but personal finance remains a fringe topic in schools and a major source of federal concern.
Seven states mandate that students take a course about basic finances to graduate high school, according to 2004 survey results just released by the private National Council on Economic Education. […]
‘Americans spend about a third of their income on the housing expenses, while the share of entertainment spending remained at 5.4% in both 1950 and 2003. Education expenses grew almost 5 times in 50 years.’
Read more at American family spends 33% on housing, 19% on transportation, 14% on food > Spending > IT Facts
‘MORE people with money worries are set to get help after the appointment of three new city debt advisers.
The staff are set to join the city council’s debt advice shop on South Bridge thanks to a grant of £105,000 from the Scottish Executive.
They are needed to help the service deal with new legislation that will […]
‘You’ve seen those commercials: “You’re not just in debt, debt is all around you.” Or how about the one with the Huns rampaging in to pillage with their murderous interest rates? Or the counselor who says: “Our clients are going off a cliff and at the bottom lies a bankruptcy”?
It’s enough to keep you up […]
Yahoo has announced its top 10 Money Blogs that everyone should be reading. They are:
1. MyMoneyBlog
2. PFblog
3. Neville’s Financial Blog
4. Savvy Saver
5. The Budgeting Babe
6. FinanceProfessor.com
7. Consumerism Commentary
8. Maxed Out Generation
9. It’s Your Money
10. Frugal For Life