How To Deal With Creditors

Not exactly sure how many of us have experienced getting calls from creditors, but nonethelesss, this should be a topic on any money blog.

Dealing with anyone requires that you be polite and courteous as much as you can. However, there are instances when you just might receive a lot of nonsense and bad treatment. Dealing with creditors is no exception. Sad to say, since the debtor is technically the person who is in a bad negotiating position, there are some creditors who do not give them the courtesy that everyone should receive.

The tip for you today is not to stand for any nonsense that you receive. You know as much as the next person that you have obligations to meet, debts to pay, but that does not mean that you should tolerate being treated like rubbish or being given the runaround. Be polite yet firm. The chances are that your creditors will get to respect you with this attitude. Read more

Boost Your Personal Finance – Investing

If you are looking to upgrade your personal finance, why not consider investing? There are a few channels you can start investing in. But first of all, you need to determine how much money you have to invest. When determining this amount, you need to consider how much you can afford to lose while investing. If that number is zero, then investing is certainly not for you, otherwise it could wreak havoc on your personal finance. In addition, you also need to decide whether or not you are able to make your own investments or if you want professional help. There are online business registration agents for limited company formations in the UK that can help you get started. They sort all your business taxes, certificates, and provide other secretarial tasks. If you’re planning in targeting European markets it will be useful to consider financial translation. This is so you will be able to see and understand exactly what you will be investing in and costs involved. It could save you alot of money understanding stocks, gains and losses.

The first one you can try out is the stock market. You have to remember though, that in any sort of investment, there is always risk involved. You can reduce your risk by investing in stocks that are already doing well, but then you will have to pay more per share you purchase and your profit margin will be less. What’s more, if the stocks lose money, it doesn’t take much of a drop for you to lose your entire investment. The more risk you take the more you have to gain or lose – which is a basic rule in personal finance. Read more

Holiday Finances: Saving While On Vacation

Worrying about your finances, is the last thing you’d want to do, while on holiday. In this rather gloomy economic climate, most of us are tightening our purse strings and looking for ways to cut down on our costs. Holidays can be very expensive and many people are deciding to sacrifice their weeks in the sun. But if you’re careful (and clever) your finances won’t have to suffer.

It always pays to research before you choose where, when & how to go on holiday. Here are a few interesting tips on how to have a fantastic, memorable holiday while keeping your finances intact:

Peak times/off-peak times: This can be an awkward one for families who are constrained by school holidays, but if you’re not in that position, having a holiday outside of peak times can cut down your potential costs considerably. Or, instead of flying Saturday to Saturday, why not aim for midweek flights for lower costs? Simply nudging your holiday along a few days could make all the difference.

Don’t go all inclusive: Although it may seem like the obvious way to save money on a holiday, think before you book. If there’s a considerable difference in price between a bed & breakfast and an all inclusive, consider taking the B&B. Although touristy restaurants can indeed be expensive, a little bit of exploring can take you to local eateries where you’ll eat great local food & may well save even more than you would on your all inclusive deal. Read more