So What’s New?

Well how about this! First post in over 2 years. Is anybody there? Is anybody reading this? Regardless of dwindling readership I think it’s a good time to start writing again. There’s no guarantee this will become regular again or if there will even be another post after this one. Who knows what tomorrow will bring! I might decide to become a YouTuber or start tweeting! For now, a bit of an update. I’ve self studied and passed all the required exams to become a Level 4 qualified financial adviser and now provide independent financial advice. I chose the CII
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Over 50’s Plans vs Whole of Life Cover

So you’ve hit the Big 50 which immediately makes you eligible to consider an over 50’s plan. Great! Insurance without the hassle of lengthy forms and no prying medical questions! Nice and simple. But possibly expensive and with less cover available than other options. The two options being looked at here are: Over 50 plans The idea of an over 50 plan is to provide life cover until you die, whenever that may be. It is not medically underwritten so acceptance is usually guaranteed. Key points to be aware of: Cover is usually restricted to a pre-set maximum amount (usually 10’s
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Guest Post: Why Cost Shouldn’t be the Only Factor When Choosing Your Life Insurance

When it comes to choosing a life insurance plan to protect your family it’s tempting to primarily look for a low-cost option. After all, this is a premium that you’re likely to be paying for many years and possibly the rest of your life so you don’t want to tie yourself in to something overpriced. However, sometimes low-cost premiums can be misleading, and if you’re not confident in what you’re looking for, you could end up out of pocket. Here are a few of the other factors you should consider before you take out a policy. Inflation Inflation is a
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How to Use a Mortgage Calculator

I’m not just talking about using a mortgage calculator to work out what the monthly payments will be but how to make use of a calculator that shows the ‘amortization’ or monthly & yearly breakdown of payments and balance as well as the difference an overpayment could make. Anybody who has any exposure to mortgages will know there are several options available which include fixed rate deals, trackers or lender’s ‘standard variable rates’. Fixed deals last for a set number of years and for those set years the interest rate stays the same. Tracker deals may offer an interest rate that
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Thinking About Mortgages Again

After several years skirting around the field of financial services I finally decided to obtain the necessary qualifications to provide mortgage advice, in 2007. Yep, I became a qualified mortgage adviser about 6 months before the industry collapsed. It was a fun time. Like many advisers, when the mortgage enquiries started to dry up, I started looking more closely at protection products like life insurance, income protection etc. and for the last few years that’s where I have been focusing my efforts (I even have some testimonials from happy customers!). At one time I toyed with the idea of taking
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How to Start and Grow Your Business in Latin America

Below is an article I have been sent by a business owner in Argentina whose business is an expanding start-up. I’ve not changed any part of it so it has an authentic Latin American flow and it contains some universal lessons that any new business owner should be aware of. How to Start and Grow Your Business in Latin America We are the biggest Price Comparison Site (Aggregator) in Latin America with more than 4.000.000 unique users and 20 employees in Argentina, Brazil, Colombia and México. But this is not about who we are or what we do, this is about how
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My First CreditFocus Experience

In these times of austerity, cut-backs and rising costs the amount of disposable income is less for many people. The slow economy is putting a strain on businesses as well as consumers and the paying of bills is prioritised by what is essential and who is making the most noise. This is the same for everybody and essentials such as the mortgage, food and electricity are clearly top priorities for homeowners and I found a helpful guide of ‘Priority Bills’ here: http://moneyaware.co.uk/2012/08/which-bills-should-i-pay-first/#more-3788 with a link to an ‘infographic’ (a picture with information) detailing the consequences of not paying these priority bills. Losing
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Something about a Tax Refund?

Our tax pays for the public services that we all use, so most of us don’t see it as a problem that we have to pay it. However, a high tax bill can put a serious dent in one’s income and when it comes to tax refunds, not all of us know if we are entitled to one or what we’re entitled to. Let’s delve into some of the factors that can influence how much we pay and if we may be able to receive a refund. Your tax code An incorrect tax code is possibly the most common cause for
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Is it buy now pay later or buy now pay more?

There are many things that happen in life which need quick and decisive action. Things like the washing machine breaking down when you need to get the kids’ school clothes clean, the car conking out which you avidly rely on to ferry you to work every day or your TV going on the blink when the race is about to start. If you have emergency funds you will be able to get these things repaired or replaced but what happens if you don’t have the money to hand or don’t have insurance to cover it? One option a lot of
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LIBOR Scandal Holds Key to £24 Billion Llyods TSB Shareholder Case

Interesting news article suggests: a low borrowing rate gave false impression of HBOS solvency Angry Lloyds shareholders say the Libor scandal is more proof they were mislead into voting to take over HBOS. They have instructed lawyers to incorporate in their claim against Lloyds TSB directors the allegation that they knew that HBOS’s real interest rates were not being quoted at the very time that the directors of Lloyds TSB were recommending a merger with the stricken bank. Lloyds Action Now (LAN) has been campaigning for the past three years for compensation for the 800,000 private shareholders who lost up
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