For those still a little bit baffled by how the credit crisis started and then snowballed I recommend you spend 11 minutes watching this video. The concepts are very simply explained including: leverage, collaterised debt obligation and sub-prime. The knowledge will help you become a better investor in the future so that you can better [...]
Posts Tagged ‘credit crunch’
The credit crisis explained visually
Posted in credit crunch, tagged credit crunch on June 9, 2009 | Leave a Comment »
Top ways to survive the recession
Posted in bankruptcy, credit crunch, debt, tagged credit crunch, debt on May 9, 2009 | Leave a Comment »
Boost you income
Why not take on a part time job in the evening after your regular work, or even on a weekend, sure you’ll have less time to watch television or spend time with the family but think of the extra money in your pocket that could pay for a nice holiday or just help [...]
Tips on Surviving the Recession
Posted in bankruptcy, credit crunch, debt, savings account, tagged credit crunch, debt, joblessness, recession on March 18, 2009 | 8 Comments »
Savings
If you have savings then up to £50,000 is guaranteed in UK regulated building societies and bank. This is an allowance for each person so if you have a joint account then up to £100,000 is covered. This all only applies per bank registration and some banking brands will hold them same registration so only [...]
Budget to cut the unnecessary costs
Posted in bank account, bankruptcy, tagged bankruptcy, budget cut, credit crunch on March 13, 2009 | 3 Comments »
As we live in the grips of the credit crunch and the uncertain future of the economy, cutting down on unnecessary spending should be something that everyone is looking at. Cutting out the unnecessary will allow you to save some money, and, if you are in debt, help you to start climbing out.
The first step [...]
Will Your Business Survive The Credit Crunch?
Posted in Credit cards, Debt consolidation, Loans, debt, tagged credit crunch, debt, mortgage on December 1, 2008 | Leave a Comment »
Not sure how this might be interpreted but stumbled upon a post by the top financial institutions,HSBC and RBI gathered a panel of industry experts for you to quiz about how to make sure your business survives the Credit Crunch.
Click to play
Don’t rely on parents for debt solutions
Posted in debt, tagged credit crunch, debt, savings account on September 18, 2008 | Leave a Comment »
Children are renowned for borrowing from their parents but many are still relying on them to bail them out of debt in their forties. With the present credit crunch hitting the capital and top financial institution, it’s not even an option for one to have at least one savings account. This will be a most [...]
