Money Tips
60 second news round-up: the top money stories of the week
Credit cards and loans
The four-day working week started with the depressing news that more than one-third of young adults are already in debt to the tune of about £3k, with few seeking advice when they get into trouble.
Staying on the theme of young adults, it was revealed later in the week that while two thirds of them have financial goals, most don’t have a plan to reach them. A lack of of where to turn for advice, was again pointed to as being a big concern.
Investment
Index tracking funds were in the news this week after Hargreaves Lansdown announced that, for the first time, it was adding 13 passive funds to its Wealth 150 Plus list of recommended funds.
Unsure if passive investing is for you? We published this guide on the pros and cons of using index trackers, versus their actively managed counterparts.
Lastly, with much being written about the current weak state of the pound, we looked at those stocks which are actually benefitting from its recent falls.
Mortgages
With the night tube up and running in London property experts believe it will drive up house prices in the outer suburbs. We looked at which areas will benefit the most.
Meanwhile almost a month on from the first Bank Base Rate cut in seven and a half years, it was revealed that less than half of UK mortgage lenders have handed the full 0.25% interest rate drop to Standard Variable Rate (SVR) borrowers.
While some rate cuts may not be getting passed on, it was still announced that Brexit has fuelled a remortgage rush by homeowners locking into lower mortgage rates, with remortgaging hitting an eight year high.
There are 0 Comment(s)
Your right to a refund if travel is affected by train strikes
There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...
Could you save money with a social broadband tariff?
Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.
How to help others and donate to food banks this winter
This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...
What will happen if rates change
How your finances will be impacted by a rise in interest rates.
Regular Savings Calculator
Small regular contributions can build up nicely over time.
Online Savings Calculator
Work out how your online savings can build over time.
DIY investors: 10 common mistakes to avoid
For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.
Mortgage down-valuations: Tips to avoid pulling out of a house sale
Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?
Five tips for surviving a bear market mauling
The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...
Money Tips of the Week
© AE3 Media Ltd, Floor 7, Lincoln House, 296 - 300 High Holborn, London WC1V 7JH, Company.