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Articles in the Personal Finance Category

Headline, Personal Finance »

Savvy saving for young professionals

Whether you’ve just landed your first proper job or have been working away at your chosen career for a few years, making sure that you put a bit of money away at the end of each month is just as important in your twenties as at any other time in your life.
In fact, workers in their twenties have more to save for than most other demographics, with holidays, children, and property to plan for.
To help the UK understand exactly where their hard-earned cash is going, MYJAR have created a handy infographic showing Britain’s top ten saving goals with holidays coming in a firm …

Headline, Real Estate »

The ‘Cooling Off’ Period – What You Need to Know

So you’ve found the perfect property through a listing with a company like RealestateVIEW.com.au, and have signed on the dotted line. You’re looking for a good lawyer such as Mahons.com.au in Melbourne or Caputolawyers.com.au in Sydney, and then you’re told your cooling off period will be void if you seek advice from a lawyer. So what is a “cooling off period” and what are the rights of the purchaser?
Cooling Off period: The exclusions
Generally speaking, a purchaser of real estate in Victoria has three days to “cool off” before the contract …

Headline, Personal Finance »

Five reasons why payday lenders provide a viable and worthwhile service

William John is an on- and offline financial buff and freelance journalist who produces editorials and advice articles for some of the UK’s most authoritative websites.   
The payday lenders have more vitriol spouted at them on a daily basis than most of us would be able to bear. In some instances of course this is completely justified, but there are some cases when it feels just a little bit disproportionate.
Payday lenders, as is the case with many businesses, appeared out of necessity. The banks led us on a path to economic …

Headline, Personal Finance »

[27 Jun 2014 | Comments Off | ]
Baby, You Can Drive My Car

You can drive it, if you can afford it, that is. Buying a first car can be a tricky endeavour if you don’t know what you’re doing and that’s why this handy infographic has been created: to guide first time buyers when purchasing your new set of wheels.
Now remember, it’s not just about picking a car that’s your favourite colour, there’s a lot more to it than that, as the infographic demonstrates.
If you are in the situation where you will be needing to buy your first car soon, make sure …

Headline, Insurance »

[23 Jun 2014 | Comments Off | ]
Modern Car Protection Plans

Modern automobile insurance companies try to make life easier for customers. Thanks to professional websites, customers can manage their insurance policies online. For example, monthly bills can be set up to be paid on a recurring basis. At the same time, it is possible to make manual payments for each monthly premium. Customers can also select to prepay for auto insurance ahead of time and receive major discounts.
A full detailed overview of an auto insurance policy is available for viewing online. Customers can also access menus featuring frequently asked questions. …

Debt »

[23 Jun 2014 | Comments Off | ]
What You Need To Know About Debt Forgiveness

If you have ever had your bank or other financial institution forgive your mortgage you still have to pay taxes on that amount. However, there are some homeowners that have an exception to this especially in recent years.
The following are a few tips issued by the IRS about mortgage and tax forgiveness:
Whenever a debt is cancelled the result is usually income that is taxable. However, one thing most homeowners don’t know is that you may not have to pay taxes on this debt if it was a mortgage on the …

Budgeting »

[23 Jun 2014 | Comments Off | ]
4 Powerful Benefits of Payday Loans

4 Powerful Benefits of Payday Loans
Are you strapped for cash? Do you need to pay bills but your bank account is low on funds? A payday loan is a fast way to get the money you need right now. Moreover, many lenders will approve a loan even if you do not have a job.
Payday loans have received a lot of attention lately, and millions of people use them every day. While the interest rates are higher than traditional bank loans, the competition between lenders is driving the rates down. If …

Real Estate »

[19 Jun 2014 | Comments Off | ]
Home Owner Associations and the Benefits of Co-ops

Many communities and neighborhoods across the country are managed by home owners associations, or a HOA. A HOA is a community within a municipality that controls property that is bought or rented by consumers. The homeowners or renters within those HOA communities will pay extra fees per month to the HOA. Those fees help the HOA with their administrative costs, the maintenance of all of the properties and the grounds, and several amenities, like gyms, parks, snow removal, garbage service, and on-call maintenance.
One of the best examples of this is …