Gold is Still Not a Good Investment — Here’s Why

Over the past decade, gold has outperformed most stock markets because they did poorly while gold did well, both of which are the reverse of what normally happens over long periods of time. As a result, you’re probably being bombarded with commercials to buy gold. In early September, in the US, the Federal Reserve made […]

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Choosing the Right Mortgage Term – Pros and Cons

 If you’re taking on a mortgage in the UK, you should know that there are various types of mortgages out there and each come with different durations or terms. There are some pros and cons worth considering for longer versus shorter durations. Since the typical fixed rate mortgage terms are for two, three, four, five […]

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Best Things to Buy in the Fall

With summer coming to a close and the fall season upon us, I thought it would be helpful to provide some tips on making your pound go further by taking advantage of pricing situations that occur seasonally. For various reasons, each season presents a unique opportunity to buy things that normally cost more at other […]

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Paying with Cash vs Credit

Paying with Cash vs. Credit Cards – Pros and Cons

When it comes to how you manage your personal spending, there’s no one-size-fits-all approach.  Aside from the fact that we’re each prone to specific preferences and spending habits, there are various human psychological forces at play and some hidden risks and benefits to either using cash or credit cards for your daily purchases when you […]

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4 Things You Should Know About Pensions

  Pension plans are quite common here in the UK, so even if you don’t have one now, chances are you may in the future or someone you know does.  Here are some key considerations that have been coming to light in the media that you may not have been aware of regarding pension plans: […]

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No, You Don’t Need a New iPad and Other Marketing Traps

  No doubt, by now you’ve seen and heard plenty of commercials about the latest and greatest tablet since its launch in the UK. Large electronic companies do an incredible job not only creating new products and extending existing product lines, but most importantly to them, convincing consumers like you and I that we need […]

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5 Reasons It’s Better to Rent than to Own

In a recent post, we talked about some of the considerations for evaluating renting versus buying and it seemed as though, for many, the scale is tipped in favour of renting.  So, here are five additional important reasons that tip in favour of renting over buying your own place:   Major Upfront Cost – Many […]

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Some Considerations on Renting vs. Buying

There comes a point in many of our lives where we feel we want to make the switch from being a renter to being an owner.  Part of the decision is a financial calculation, part of it is emotional and then there’s a part that has to take into consideration many factors which are tough […]

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