We all know that in today’s life, everyone needs money. If you’re not going to be paid for a while because of job cuts of have not job and you have bills to pay, you’re probably trying to figure out how to make ends meet. Then you need extra funds and finding extra funds is [...]

A fixed interest rate loan is one in which the level repayments is fixed for the lifetime of the loan. The majority of personal loans fall into this category. Some loans do vary the level of repayments in line with market trends, however. In addition, some hybrid loans exist in which the level of repayments [...]

Insurance is a form of financial risk management which involves paying the insurance provider on the understanding that if a certain contingency should occur, the insurance provider will pay the insuree a sum of money. Typically the insuree makes regular small payments (called premiums) to the insurance provider on a continuous basis. The amount of [...]

A building society recently revealed the average Briton’s savings would last just 52 days if they were unable to work. 17% believe that due to illness at some stage in their future, they or their partner may not be able to work for a period of up to 6 months.
47% of people questioned during the [...]

The term financial planning is used in any context in which people are asked to think about their future financial needs. One common example, applicable to almost everyone, is a pension. Almost everyone eventually stops working in their later years and will have to subsist without an earned income for the remainder of their lives. [...]