Deciding Your Loan Length

When deciding your loan length, there are many considerations to make before deciding the best course. You need to balance the pros and cons of both short term loans and long term loans against your personal circumstances. Let’s take a look at what is involved.  What Is Loan Length? A personal loan term length is […]

The Debt Snowball Method

For many of us, paying off debt is not easy. It is instead a constant struggle. For those that sit down and devise a plan on how to pay off multiple debts, there are numerous options. One of those is called the debt snowball method. We took a look at what is involved. Origins It […]

The True Cost Of Borrowing

In our second look of the week at borrowing, and its implications, we examine the true cost of borrowing. Borrowing is a vital tool to us all, but it is important that those that take on credit understand what they are doing. By understanding what is involved, they are much less likely to run into […]

Costly Credit Card Mistakes

Credit cards are a part of many of our daily lives. They are everywhere. And because they are such a part of the fabric of life, we somewhat take them for granted. And when we take such a powerful tool for granted, we often abuse and misuse them. The consequences of doing so can be […]

A Look At Compound Interest

Interest rates. They are important but also rather boring to understand! And yet we need to understand them as they affect everyone who takes on credit in any form. The problem is, there is more than one type. So let’s take a look at compound interest. Simple Interest or Compound Interest? Compound interest is the addition […]

Deciding A Loan Repayment Period

Deciding to take on extra debt is a big decision in itself. However, apart from the the decision to borrow, there are other considerations that are important when deciding your best options. One of those is how long you wish to have the debt outstanding. We look at the process of deciding a loan repayment […]

Income Tax Explained

We all know what income tax is. Or at least we think we do. It is clearly tax paid on what we earn, but so many of us do not really know the finer details. We don’t know what we pay and why. Or how it is worked out. Read on to see income tax […]

Is Debt Consolidation A Good Thing?

It has been a while since we have discussed debt consolidation. And whilst we have broached this subject before, it is always good to revisit and reconsider every now and again. With that in mind, we ask: is debt consolidation a good thing? Is Debt Consolidation A Good Thing? – What Is It? As the […]

Advice When Borrowing Money

We all borrow money at some point, for small and large amounts. It allows us to purchase homes and cars. And not go through a lifetime of saving to get what we need. But there is a lot of ways to borrow, and many get caught in a cycle of debt by doing so. We […]

How To Use Credit Cards Responsibly

Credit cards are an integral part of many of our lives. Millions of us own at least one, some owning many more. And for many of us, we sadly rely on them, which can be very troublesome indeed. Keeping that in mind, we thought it helpful to write on the topic of how to use […]

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