Money
Money matters to enable women to live their best lives. Top tips on budgeting and good routes to credit along with what to do when financial crisis and debt affects your life.
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5 Financial Mistakes You’re Making in Your Relationship
Image Source Most couples find it difficult to openly discuss money matters within their relationships. This is often because talking about money can be a touchy subject. However, if you and your partner are not open about your finances, you could be setting yourself up for disaster. Money is one of the most common sources of stress in relationships. If there are financial disagreements, it can cause arguments, resentment, and even breakups. If you’re not careful, money can ruin your relationship. Whether you’re fighting over who should pay for what, or you’re simply not on the same page when it comes to budgeting goals, money can be a major source…
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Do you know what you pay in pension charges? Here’s how they could affect you.
As with most products, pensions come with charges. These fees can be wonderfully low or punishingly high, and the higher they are, the more they could be eroding your savings. Unfortunately, just because you are paying higher charges does not necessarily mean you will receive a better quality of service. Indeed, the reverse is often true. Therefore, you are effectively forking out money for nothing. Consequently, it is crucial to check your pension frequently to ensure you are getting a good deal. Types of pension charges. There are various types of pension charges, such as the following: Management charges. These pay for the cost of the system on which your…
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8 Things To Do When You Start Making Money
Making money is a great feeling, and there are plenty of things you can do to make the most of it. However, before you can start spending it, you need to make sure that you have a plan in place. Here are eight things to do when you start making money: 1. Keep track of your expenses. It’s important to know where your money is going so that you can stay on budget. Start tracking your expenses so that you have a better idea of what you’re spending your money on. Before going out and just buying a car, ask yourself, ‘can I get car finance?’ and take time…
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4 ways to overhaul your budget to save money
We are all feeling the pinch these days. The cost of living has gone up for a whole range of reasons including the pandemic, the rise in energy costs and the troubles in the Ukraine. It is vital to try to save some money because you can be sure that rainy days and unexpected expenses will come your way at some point. Look how petrol and diesel prices are going up and up all of a sudden. I used to be a debt counsellor and have had to budget as a mum when life threw curveballs like redundancy or illness our way. I am trying to teach my teenagers the…
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A Quick Guide To Getting A Mortgage With Bad Credit
Getting a mortgage with bad credit is possible; even those who have experienced bankruptcy can successfully apply for a mortgage; doing so is just a more long-winded process than those with a satisfactory credit score. Typically, those with bad credit scores will probably be expected to pay higher interest rates and put down a larger payment alongside having a steady income, money for a down payment and a history of paying your bills. Although having a good credit score is ideal for house purchases, it’s not impossible to buy a home with bad credit, so we’ve created this quick guide to help those with bad credit understand how. Seek Professional…
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6 Important Financial Steps to Take When Becoming a Parent
Keep reading to find out some of the most important steps you can take — from securing a term life insurance quote to creating a family budget When you have a child, there are a lot of important and life changing steps to undergo. All of a sudden, you are no longer responsible for yourself, but now for yourself and your family. Becoming a parent is expensive and getting your finances in order can be extremely confusing — that’s why we’re breaking down all of the ways that you financially prepare for parenthood. Whether you’re deciding between a term life insurance quote or trying to update your tax forms, we’ve…
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Four Reasons To Save For Retirement Now
Jimmy Choo shoes. Louboutin sandals. Fruit-infused cocktails. All of these things are SO much fun to spend money on when you have it, but there are some serious things that you should be spending money on and one of those is your retirement. I know, I know; you’re young and you want to just get on and enjoy your career and your partying, but you need to think bigger than that. Life isn’t all about shoes and cocktails – no matter what Carrie Bradshaw says. It’s so important that you are taking as much responsibility for your financial future as you would the club that you head to on a…
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How to Deal with Debt Collectors and Bailiffs: Your Rights
Being in unmanageable debt can cause real stress and worry, which, in turn, can have a profound effect on your mental health and relationships. So to add to this, the worries of debt collectors and bailiffs contacting you regularly can make a situation unbearable. It’s important that you know your rights and how to deal with debt collectors and bailiffs before the situation escalates. The Difference between Debt Collectors and Bailiffs Debt collection is the process of a creditor attempting to recover the money owed to them. Often, a creditor will enlist the help of a debt collection agency if they fail to recover the money themselves. You can find…
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Saving Money as a New Parent
When you have recently had a baby, you may feel like you are spending more money than you should be, yet all those purchases may also feel necessary. You want to give your baby everything to help them grow up to be happy and healthy. By looking at the items you have already bought, and considering your future purchases, you can save some money. Not only that, looking at what you do with this money can also help it to go further. When you are looking after your baby, you will want to find easy ways to help your money grow, while not taking away from the time you spend…
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Money Worries? These Steps Could Help
Picture Source 2020 has been a tough year financially for the vast majority of us. The coronavirus and Covid-19 pandemic has had a profound (and largely detrimental) impact on companies of all shapes and sizes, across a whole host of industries. This, in turn, has had an impact on jobs and the people working them. If you’ve found yourself out of work, made redundant or on a reduced income, you’re far from alone. Countless people are in the same boat as you. This, of course, can be stressful. When work goes away, bills and financial commitments don’t. On top of this, we’re fast approaching what is (for many of us)…
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Tips For Looking After Your Home To Save Money
We can end up spending a lot of money on our homes over the year. Whether it’s a bathroom renovation that needs doing or various appliances that need replacing after years of usage on a daily basis. It’s important though that you’re looking after your home in order to save yourself from spending more money than needed. Here are some tips for looking after your home to save money. Image Source Keep Expensive Goods In Excellent Condition Expensive goods like your washing machine, dishwasher, cooker, and boiler are all things you don’t really want to replace very often. And when you do, you’ll want to make sure that you’re getting…
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5 of the best ways to earn a side income
Having some extra money on top of your main income is always great. Whether you use it to save up for your annual family holiday or put it aside to build up an emergency fund; there aren’t many people out there who wouldn’t welcome a side income. And nowadays there are countless ways to earn it! Here are 5 suggestions of ways that you can start to earn a side income. Sell unwanted items You can sell practically anything online, and you can really earn quite a lot if you do it consistently. Sites like eBay, Gumtree, and Facebook Marketplace are a good starting point, with thousands of people buying…
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When Are Small Money Claims Worth The Effort?
Pixabay – CC0 Licence Small money claims may be on the rise, but that doesn’t mean you’re comfortable going to court. Like most people, you hate the idea of having to hire a solicitor and defend your actions in front of a judge. Plus, there are high costs to factor into the process. In 2015, the charges for civil fees skyrocketed by as much as 600%, so claiming for compensation must be affordable. Of course, the flip side is that you shouldn’t leave money on the table, not when you suffer due to another person’s negligence. With that in mind, these are circumstances when small money claims are totally…
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Beginner’s guide to managing money
My son will be heading to university soon. He is busy thinking what clothes he will need and making accommodation choices. Like most students, he will be managing on a limited budget. So we are having discussions around managing money and I came up with this beginner’s guide to managing money for him. I decided to share it in case it is helpful to my readers. Ensure you get your entitlements My son has applied for student finance. I wish a grants system was in place as it was when I went to university so that all students had reasonable life chances. Too many students from poorer backgrounds are put…
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3 Healthy Lifestyle Changes That Also Save You Money
We all know that we should be making healthier lifestyle choices, especially as we get older, but sometimes it’s tough. Sticking to a diet or keeping up with a new exercise routine is hard when you have a busy lifestyle and many people struggle to find the motivation. But what if you could make healthy lifestyle changes that save you money? Finding ways to improve your health and save money at the same time is a great way to help you stay motivated. If you set a savings goal and put the money towards something fun, like a holiday, it’s a lot easier to keep up with your health habits.…