Author: James Paul
Many people apply for life insurance policies for securing their own as well as their near and dear one’s lives. However, on certain occasions, they become confused as to what is right for their needs – a single life or joint life policy. There are a number of differences between single life and joint life policies that count. How does a joint life policy work? A joint life policy helps cover two lives on an individual basis. On the other hand, a single life policy only covers one life. Term life insurance policies are the most affordable variety of life…
One of the most important skills that people need more than they realise is financial management. It goes without saying that proper management of monetary resources will make the difference between more money at the end of the month or more month at the end of the money. Various institutions have come up seeking to educate people on effective resource management. How does this translate to the life of the ordinary person trying hard to live a good life and stay clear of debt collectors? #1 Earn the interest, do not pay it One of the best choices that anyone…
Are you aware of the adverse impact of student loan on your credit score? The peculiarity of student loan is that it scores down your credit point though you have not defaulted on payment and just obtained the fund. The effect is so spontaneous that there is no scope of enjoying better interest rate. Student loans can affect the credit scores in various ways. The credit score of 750 point is considered favourable to take advantage of lower interest rate but student loan pulls down the score to 500 or below, thereby leaving you no chance to take advantage of…
Twenty-twelve could be considered something of a landmark year for agriculture; the price of farmland has escalated to such an extent that some commentators have hailed it ‘a better investment than a Mayfair apartment’. In actual fact, the price is said to have trebled over the last decade to an average of £8,900 per acre – which might be some welcome good news for those in farming. With the value of land increasing so much, farmers ought to make doubly sure that their own fields, sheds and farm buildings are adequately protected by comprehensive farm insurance policies, as should any…
Demand for rental properties is set to continue to increase in 2013 with four in 10 landlords predicting rises, according to a recent poll. The LSL Property Services landlord survey from December shows that for every investor who expects to lower rents, 39 expect to increase them. Of the 1,223 landlords polled for the survey, 10 per cent are anticipating greater than 5 per cent rises. It follows last month’s report by the Association of Residential Letting Agents predicting demand to significantly outstrip supply for landlords in 2013. As house prices have rocketed in the last decade home ownership has…
With January almost at its end, it’s important to think about how far you’ve managed to get with your financial organisation for 2013; you may still be trying to clear off Christmas debts, or you may be looking to budget for the next few months in order to afford a holiday, or put some money aside. What are some of the best ways, then, for staying on top of your finances in 2013? 1 – Create Better Tax Records While the tax filing deadline for 2011-2012 has almost passed, it’s worth going over your record keeping for 2012-2013 – this…
As a freelancer, the last thing you want are financial woes or tax problems; and you most definitely do not want the taxman chasing you down for outstanding payments. It is possible to work solo and avoid the above scenarios. How we hear you say? Well by employing good bookkeeping practices, of course. And one of the best ways to keep your paperwork in order is by getting paid on time. It would be lovely to live in a world when coins grow on trees and we can pay our electricity bill with sweets. Unfortunately, the only objects that grow…
Oh, my god! Is it necessary to plan a budget? This is the first reaction from the majority of the people. Shiver courses down through the spine at the very utterance of ‘budget’. In reality, the budget is a structured format of your weekly/monthly/annual expenses. You can keep track of where your money goes and distributes your earning in the best possible way. Having a monthly budget can help you take control of your finances. Whether you are trying to reduce the cost or save more, creating a monthly budget can help you in many ways. If you are not…
Car loans with both damaged credit and bad credit are available nowadays in which you can get the loan even if you are having a bad credit. The people seeking for the repair bad credits with the car loans can get help here. You can even lower the monthly payment of your car to save much more over the auto loan with a refinancing in better rate. You can apply for this in online mode and save your money and time as well. Negotiating the leases buyout Many people go for leasing out their auto and cars so that they…
Unless you have the luxury of being able to turn to a lump sum in order to acquire your dream house, it’s likely that you may have the chance to sign with a building society in order to secure the necessary funding. Before you do so it’s always wise to conduct a little research on the types of finance options available to you, so you know how to source the best deal. Lost already? Well, building societies and therefore the mortgage rates from building societies – as opposed to banks – are member-owned institutions found in the UK and British…