Nine in 10 of us reckon we are good at handling our finances, yet around half of us have not even checked our monthly credit card payments or balance in the past year. Chances are, you are paying thousands of pounds more in interest than you need to as a [ Read More → ]

Q: I just graduated college and am looking for a job. My father has been helping me. I told him I don’t care what I do as long as I can be rich one day, and have everything I want. I asked him how [ Read More → ]

The life-insurance business was good to Steven M. Brasner for much of the past decade, so good that he and his wife named their motor yachts after it. Their first, a 34-footer, they christened “Preferred Risk.” Its 50-foot replacement: “STOLI on the Docks.” [ Read More → ]

Mortgage rates drop to 7 year low Photo: PHOTOLIBRARY The credit crisis saw mortgage finance dry up, but as Britain emerges out of recession, lenders are beginning to offer cheaper home loans for those with smaller deposits. Latest figures suggested the average rate on a two-year fixed rate mortgage is [ Read More → ]

Meanwhile it has emerged that Saudi Arabia’s central bank holds more than twice the amount of gold previously estimated. A June report by the World Gold Council, an industry group that tracks gold bullion holdings by nations the world over, showed that the gold reserve figure of the Saudi Arabian Monetary [ Read More → ]

I recall a friend of mine who had suffered a burglary in the late 1990s while she was away on holiday. Her home was ransacked and the insurer duly paid up. But instead of, among other things, replacing her boyfriend’s sizeable CD collection, she decided to invest a [ Read More → ]

Most equities markets in Europe were higher Wednesday, but most of the gains were slight. The FTSE 100 was up 0.39 percent to 5,237.92 in London, but the FTSE 250 fell 0.21 percent to 9,859.95 on the session. Drugmaker Shire (LSE: SHP) led gains on the 100, adding 2.38 percent after Deutsche [ Read More → ]

New research conducted by The Co-operative Bank Current Accounts has revealed that one in three (31%) people in Britain will freely switch which football team they support in this summer’s World Cup if their team is knocked out of the competition, or indeed if they failed to qualify whatsoever. The research [ Read More → ]

Research exploring the experiences of people struggling with their debts by insolvency trade body R3 has shown that a far higher proportion of younger people who participated in the research are more likely to leave their bills unopened and avoid creditors than their older counterparts. Among … Read the original article at [ Read More → ]

According to the latest Property Tracker Survey (June 2010) from the Buildings Society Association (BSA), just 45% of consumers who were surveyed think that now is a good time to buy a property. This is a drop of 4% on the results from March 2010’s Property Tracker Survey where 49% [ Read More → ]