One in five parents are now dipping into their children’s savings to help them during the credit crunch.
Archive for the ‘Debt Management’ Category
The Bank of Mum and Dad
by David Mond on January 14th, 2010
What comes down, must go up….I’m talking mortgage rates of course
by David Mond on January 10th, 2010
If you’ve been enjoying the low mortgage rates we’ve been graced with, courtesy of the recession – beware, things are about to change. According to the Daily Mail and Moneyfacts, eight financial institutions have already raised their Standard Variable Rates and more are expected to follow suit. Keen to show the “genuine” recovery to the [...]
As the snow falls, the heating bill goes up and up and up
by David Mond on January 5th, 2010
As I get reports in from the office, staff are walking to work through the snow – public transport has come to a halt and cars have been covered in white. I recall we haven’t seen weather like this for years! In fact – I think the last time we had so much snow, was [...]
Christmas + shopping = Jingle Fever
by David Mond on January 2nd, 2010
During the last 12 shopping days of 2009, consumers spent £4 million pounds more on credit cards than they did the previous year.
“I Do”
by David Mond on December 20th, 2009
Coming to the conclusion that “I do” might not mean, “I do…forever”, is never an easy time in anyone’s life. But when making that decision – realising you can’t afford to go your separate ways, can present the worst possible reality – living with your ex. National charity, Shelter, has confirmed, 25% of adults have [...]
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