I recorded this before interest rates rose to 4% recently, but it’s still a useful listen whatever happens to rates later this year.
To watch Fergus talk about this click on ‘read more’ below.
Read MoreFixed or Variable, that is the question.
Category: Borrowing Stuff
Pay your debt or save your cash?
I’ve had a few letters and calls from people with money in the bank and a personal loan, credit card, or mortgage that they are repaying. Their question is ‘should I use my savings to repay my loan, or should I keep my savings and continue to repay my loan every month?’ My answer usually start with two words ‘It…
Read MoreIt’s good to talk
It’s good to talk goes the old adage and it’s certainly true as far as money is concerned. We’re very tight-lipped about the way we talk to our friends and family about our money. We tend not to talk about how much we earn, or how much we’ve borrowed to buy the house we live in, and we certainly don’t…
Read MoreIt’s time the banks got their acts together
I have to confess to a degree of unease with the way the banks are behaving at the moment. I received an email from one of our major banks the other day to tell me that they were reducing the rate of interest they paid on their instant saver account from 0.35% to 0.01%. Their other accounts, and their range…
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