Conversations about: Money

The £5.2bn cash-stash we’re hiding in our homes

by , Senior Money Researcher Money 11 March 2013
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Cash hidden under a mattress

A recent survey found we Brits have almost £5.2bn in cash stashed in our homes. But before we get overexcited looking for our retirement funds in the sofa cushions, this works out to an average of £200 per household. (more about keeping cash in the house...)

4 people have joined in this Conversation

Is the weight over for better gym contracts?

by , Money Researcher Money 8 March 2013
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Gym contract

How’s that ‘get fit’ resolution working out for you? Are you still going to the gym, or are the only pounds dropping off the ones from your bank account? Soon, your cancellation rights could be strengthened. (more about gym cancellation rights...)

9 people have joined in this Conversation

The OFT: payday lenders must change

by , OFT's Director of Consumer Credit Money 8 March 2013
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Bank note with the Queen's eyes highlighted

The OFT’s review of payday loan companies uncovered evidence of widespread irresponsible lending. The OFT’s David Fisher explains why it has given 50 payday lenders 12 weeks to change their business practices. (more about payday lenders...)

3 people have joined in this Conversation

Spending, scrimping or saving – how did you start the year?

by , Senior Insight Researcher Money 7 March 2013
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Coin of money with tape measure

Our latest research shows that at the start of 2013, more people unexpectedly cut back on their spending and dipped into savings. But why are people finding it harder than usual to predict their future finances? (more about scrimping...)

2 people have joined in this Conversation

Has the UK lost interest in saving?

by , Money Researcher Money 5 March 2013
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A pile of pound coins

New research has found that almost 15m people in the UK aren’t ‘making any efforts to save for the future’, while 8m people have no savings at all. Is the ability to save becoming a luxury? (more on dwindling savings...)

5 people have joined in this Conversation

Would you go to the bank of gran and grandpa?

by , Senior Money Researcher Money 4 March 2013
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Pound coins in heart shape

Would you turn to grandma or granddad in a cash crisis? You might not be alone - a report from Investec Wealth and Investment reveals one in six grandparents are lending an average £2,496 to their squeezed grandkids. (more about grandparents helping...)

6 people have joined in this Conversation

How do credit companies get away with it?

by , Principal Policy Adviser Money 4 March 2013
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A man trapped by credit

High-cost credit often grabs headlines, but many mainstream lenders also have products designed to cash-in on peoples’ mistakes and desperation. The new regulator must clamp down on irresponsible lending. (more on high-cost credit traps...)

7 people have joined in this Conversation

Water bills spill over into credit reports

by , Money Researcher Money 25 February 2013
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A dripping kitchen tap

Yorkshire Water has announced it’s started sharing its customers’ payment data with credit reference agency Experian. Could this spell good or bad news for your credit rating? (more about water bills and credit reports...)

11 people have joined in this Conversation

Secret Shoppers – haggling for a better phone deal

by , Conversation Editor Money 22 February 2013
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Happy man with his mobile phone

The second episode of Channel 4’s Secret Shoppers showed us how to save money on fancy frocks and electrical goods. The show’s best tip, however, could save you a pretty packet on your mobile phone contract. (more about mobile phone deals...)

5 people have joined in this Conversation

Which bank owns your bank – and why does it matter?

by , Money Researcher Money 22 February 2013
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A man looking very confused

Who do you bank with? That question can be more complicated than it first seems. And ultimately, the answer could affect the security of your savings if your bank happens to go bust. (more about which banks own which...)

One person has joined in this Conversation

How financial companies use rules to squeeze customers

by , Money Editor Money 19 February 2013
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A rule book with a gavel hammer on top

Changes in regulations shouldn’t be an incentive for financial services companies to extract extra profits from customers. And yet, we continue to see it happening – so how do they get away with it? (more about bending the rules...)

2 people have joined in this Conversation

Does working from home work for you?

by , Money Researcher Money 15 February 2013
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Picture of a woman working at home

No commuting to and from the office and creature comforts to hand – on the face of it there’s a lot to like about working from home. But which jobs allow such a lifestyle? What are the pros and cons to self-employment? (more about working from home...)

5 people have joined in this Conversation

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