Analysis Topic: Personal Finance
The analysis published under this topic are as follows.
Wednesday, July 01, 2009
Great Banking Confusion / Personal_Finance / Credit Crisis 2009
By: Mansoor_H_Khan
The (usually) transparent process of inter-bank lending works so well that most of the time we don't even think about it. This process has largely weaned the public away from physical paper money. Note that most money (about 90%) now exists only as entries on bank ledgers, backed by loans (debt). Also, note that possessing physical paper dollars is like having equity in the economic output of the United States of America, and has no credit risk associated to it. Physical paper money is not anyone's liability. Read full article... Read full article...
Tuesday, June 30, 2009
How to Improve Your FICO Credit Rating Score / Personal_Finance / Credit Cards & Scoring
By: Money_and_Markets
Nilus Mattive writes: In the Dividend Superstars issue that just went to press, I talked about FICO credit scores — the three-digit numbers that greatly determine how much money we can borrow, what interest rates we pay, and even how employers and landlords view us.
Thursday, June 25, 2009
Fixed Rate Bonds Interest Rates Rise as Savers Benefit While Borrowers Suffer / Personal_Finance / Savings Accounts
By: MoneyFacts
Borrowers and savers looking for fixed rate deals are seeing very different fortunes.
As the cost of fixed rate mortgages continues to rise, so do the rates on fixed rate bonds as providers look to their savings book for funding rather than the money markets.
Read full article... Read full article...
Wednesday, June 24, 2009
Four Ways to Immunize Your Savings Against the Ravages of Inflation / Personal_Finance / Savings Accounts
By: Money_Morning
Keith Fitz-Gerald writes: Right now, there's more than $9.5 trillion in cash on the sidelines - or more than twice the amount of money currently invested in stock mutual funds, according to MoneyNet.inc and the U.S. Federal Reserve. Private equity firms alone are believed to hold as much as an additional $1.3 trillion.
Tuesday, June 23, 2009
Gas and Electric Energy Bills Consumption and Tariffs Analysis / Personal_Finance / Money Saving
By: MoneySupermarket
Brits living in flats and terraced houses could be paying over the odds for their gas and electricity by not correctly identifying the best value energy product for their consumption, according to moneysupermarket.com.
Tuesday, June 23, 2009
Best UK Financial Products and Services Award Winners 2009 / Personal_Finance / UK Banking
By: MoneyFacts
The winners of the 2009 Moneyfacts Awards were announced today at the prestigious Brewery venue in London. Industry professionals from the leading financial institutions and industry bodies gathered at a special awards lunch hosted by Bill Turnbull, of BBC Breakfast and Strictly Come Dancing fame. This widely anticipated and well supported event celebrated the best products and service in the personal finance world, showcasing those providers that continue to support the sector at a time when its success and growth has never been more important.
Tuesday, June 23, 2009
Personal Finance Five Simple Rules for a Happier Wealthier Life / Personal_Finance / Money Saving
By: Money_and_Markets
Nilus Mattive writes: I was amazed and overwhelmed by all of the great feedback you shared with me after last week’s column. My blog was filled with your wonderful anecdotes, advice, and even a little good-hearted admonishment (Okay, maybe I did overestimate Mr. and Mrs. Median’s taxes a bit, guys!).
Thursday, June 18, 2009
Capital One Selling its Savings Book to Skipton Building Society / Personal_Finance / Savings Accounts
By: MoneySupermarket
Kevin Mountford, head of banking at moneysupermarket.com says: "It is no surprise that in current market conditions we are seeing further mergers and acquisitions between banks and building societies.Read full article... Read full article...
Wednesday, June 17, 2009
UK Fixed Rate HISAVE Savings Bonds by ICICI Upto 4.40% / Personal_Finance / Savings Accounts
By: Shahla_Walayat
ICICI Bank has revamped its fixed rate bonds by offering a selection of bonds ranging from 6months to 5 years and paying upto 4.4% far higher than the competition which ranges up from just 0.5% upto typically 3%, this is set against continuing retail prices deflation which implies little sign of significantly higher base interest rates for the rest of of this year.
Read full article... Read full article...
Wednesday, June 17, 2009
Nationwide Fixed Rate E-Bonds Paying Upto 4.15% / Personal_Finance / Savings Accounts
By: Shahla_Walayat
The Nationwide has recently launched a selection of fixed rate bonds which range between maturities of 6 months to 5 years and pay upto a respectable 4.15%, especially in light of many current issues by banks and building society that fail to pay more than 3%.
Read full article... Read full article...
Friday, June 12, 2009
Credit Card Debt Help, Increase Your Direct Debit and Cut Your Debt Sentence / Personal_Finance / Debt & Loans
By: MoneySupermarket
Being faced with a chunky credit card bill is a daunting prospect and if you only ever make the minimum repayment it could take you a long time to get back in the black.
- A small increase in monthly payment can make a big difference to the time taken to clear your debt.
Friday, June 12, 2009
Credit Card Application Success, Increase Your Odds by Checking Your Eligibility / Personal_Finance / Credit Cards & Scoring
By: MoneySupermarket
Getting a credit card on good terms has become a harder task over the last couple of years, with providers scrutinizing credit records like never before.
Wednesday, June 10, 2009
Best Current Online Savings Accounts / Personal_Finance / Savings Accounts
By: MoneyFacts
Three providers have today announced their intention to increase rates on their online based saving accounts.
- Barnsley BS – rate on Online Saver increased by 0.40% to 2.50%
- Intelligent Finance – rate on iSaver increased by 1.10% to 2.85%
- Principality BS – new issue of e-Saver launched paying 2.85%, 1.20% higher than the previous issue
Wednesday, June 10, 2009
Rothschild's New Fixed Rate Deposit Account Paying 4.35% Interest / Personal_Finance / Savings Accounts
By: MoneySupermarket
Kevin Mountford, head of savings at moneysupermarket.com said; "This move by Rothschild highlights a change in the savings market.Read full article... Read full article...
Wednesday, June 10, 2009
HSBC Mortgage Rate Matcher / Personal_Finance / Mortgages
By: MoneySupermarket
Commenting on the new HSBC Mortgage Rate Matcher, Louise Cuming, head of mortgages at moneysupermarket.com, said; "Again HSBC is leading from the front. It has been clear for some time that HSBC is looking to cement its place as a serious player in the mortgage market, and the combined effect of this and the April announcement of £1bn of funding for its 'up to 90% LTV' product range, shows real commitment to this goal.
Read full article... Read full article...
Wednesday, June 10, 2009
British Motorists Fronting Young Drivers on Car Insurance to Cut Premiums / Personal_Finance / Insurance
By: MoneySupermarket
Money conscious Brits are breaking the law by "fronting" on their car insurance to save cash, according to research from moneysupermarket.com.
- Research1 shows one in five drivers (19 per cent) have or would consider fronting on their motor insurance policy to save money
- Confusion rife with one in three (31 per cent) saying fronting is legal
Sunday, June 07, 2009
Greedy Banks Increase Overdraft Interest Rates Despite Rate Cuts / Personal_Finance / Debt & Loans
By: MoneySupermarket
Most banks have counter-intuitively been increasing overdraft interest rates (Equivalent Annual Rates) even whilst the Bank of England has been cutting the Base Rate.
Thursday, June 04, 2009
Credit Card Interest Rates Continue to Increase Despite Base Rate Cuts / Personal_Finance / Credit Cards & Scoring
By: MoneyFacts
The average credit card purchase rate continues to increase, today standing at 18.1%, up from 16.3% two years ago.
Read full article... Read full article...
Sunday, May 31, 2009
ICICI 4% Fixed Rate Savings Account / Bond Review June 2009 / Personal_Finance / Savings Accounts
By: Shahla_Walayat
ICICI Bank is currently offering a market busting 1 year fixed interest rate of 4% far higher than the competition which ranges up from just 0.5% upto 3%, with retail prices deflation there is little sign of significantly higher base interest rates for much of this year.
Tuesday, May 26, 2009
Debt Is Financial Cancer! Minimize It, Pay It Off Early and Stay Away From Credit Cards / Personal_Finance / Credit Cards & Scoring
By: Jack_Spirko
On the surface debt elimination may sound far and away from what people think of when they think of survivalism. The reality is the modern survival philosophy actually hinges on this tenet. Before we delve deeply into the topic though let’s just put it up against even the typical view of survivalism and ask if there is any place for debt-based living in the survival community.