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Will you get a mortgage?

The Post Office is trialing a new type of product – mortgages. It’s a long way from stamps and tax discs but a logical step in their expansion of financial services. They already offer a credit card, insurances, savings schemes and even a telephone service. Why not a mortgage?
Seems like a good move to me [...]

Savings alternatives

Zopa explained
Credit Unions (CUs)
National Savings & Investments (NS&I)

Are you sick of the banks and building societies – particularly given the turmoil they’ve experienced over the last year?
Well, there are alternatives. Here’s a list of some of our favourites:

Crazy name, crazy concept – but it can work.
Zopa stands for Zone of Possible Agreement, which is the [...]

I love Leftovers!

I LOVE leftovers! I love the challenge/satisfaction of using them up. I often have some olives-in-brine that are on the verge of growing mould (mix into a ratatouille-type mix of sautéd onions/garlic, tinned tomatoes, courgettes etc with dried herbs), some potatoes boiled 3 days ago starting to look a bit grey (mash into freshly mashed [...]

Don’t panic

Really, I’m serious. It’s a first rule of money management – don’t panic.
It certainly holds good in the case of Northern Rock today. There really is no need to panic if you’re a saver or a borrower with this big lender.
The reason Northern Rock went to the Bank of England for help was because of [...]

I had mixed feelings when I read about the latest Government proposals to have children as young as five learning about how to open a bank account and manage their money in maths lessons. Apparently they will also be taught about interest rates and investment banking, for goodness sake – at 5?
I’m assuming that that [...]