Financial Rethink ‘Could Help With Money Management’
Topics: cheap, low, cost, uk, loans, help, finances, secured, personal, loan, debt, consolidation, cheapest, apply, now, uk
More consumers are looking to get to grips with their finances, a new study reveals.
Research conducted by Friends Provident indicates that a third of Britons are aiming to reanalyse their fiscal standing. It was suggested that the continued effects of the global credit crunch are pushing more individuals to see if they will be able to save money by switching to more cost-effective financial products. By revaluating the monetary offers and deals they have, some 75 per cent of people think that they can save money. Out of these respondents more than a fifth (23 per cent) state they could be more than 500 pounds better off. Findings from the firm also showed that 13 per cent of people are to cut up their credit cards to help get to grips with spending.
For those consumers looking for an effective way to handle plastic card debts and other financial demands, however, a low-rate loan for the purposes of debt consolidation may prove to be of assistance.
Meanwhile, creating a budget was revealed to be the main objective of those wanting to sort out their money management. Such consumers account for 41 per cent of people questioned. In addition, one in ten will be on the lookout for a job offering a higher rate of pay. The study also indicated that 14 per cent of consumers will spend less time and money on socialising and their hobbies in an attempt to reduce their expenditure.
Commenting on the figures, James Ward, director of marketing at Friends Provident, said: “The credit crunch is already impacting on consumers, both financially and psychologically. Our research found that 40 per cent of people are worrying more about their finances because of the credit crunch. The trick is to harness this heightened awareness and to do something positive, like overhauling your finances, budgeting effectively and investing your money in a way that makes it work smarter for your needs.”
In an attempt to get to grips with their spending, the firm revealed that 7.5 million Britons will look to borrow money from a friend or family member. However, it was suggested that this may not be advisable, as 85 per cent of people state that lending cash to or from a loved one can put a strain on relations. They study also showed that 28 per cent of consumers never saw the money again which they gave out.
As such, getting a personal loan from a reputable financial services provider may help those concerned about their money management avoid falling out with their loved ones.
Whether they are looking to reduce their levels of debt or finance home improvement plans, applying for a loan may be of assistance to many Britons. However, before taking out such a product, it is advisable that consumers should make sure that they are getting a competitive rate of interest on their borrowing. Speaking last month, Cesarina Holm-Kander, financial columnist and Channel 4 television presenter, claimed that people should be proactive in ensuring that they are receiving the best possible monetary offers possible. She stated by sticking with uncompetitive deals, the typical household is wasting 5,000 pounds every year.
Steve Smith writes for 1 stop finance shop where visitors can apply for cheap secured loans and also focuses on quick personal loans and poor credit loans for UK residents. Visit today www.1stopfinanceshopuk.biz
Previous Articles Highlighter:
Spruce Things Up With An Aquarium Coffee Table (1)
If you really want make things interesting, make the coffee table book about various species of fish. This is a cool way to allow your guests to do a bit of research on your fish.
Five Tips For First Time San Diego Real Estate Buyers (2)
Here are some tips to help first time San Diego real estate seekers purchase their first home successfully. Make Sure That Your Finances Are In Order: As a first time home buyer should spend at least the six months prior to purchasing a home getting your financial situation in order.
Beginning Of Year 'Popular Time' To Get Debt Consolidation Loans (3)
Steve Smith writes for 1 Stop Finance Shop, a one stop, Personal UK Loans Shop, with information on adverse credit loans and cheap debt consolidation available on site. Visit today www.1stopfinanceshopuk.biz
User Friendly Guide To Fireplaces (4)
If you don't mind the mess and cost of conventional fireplaces, there is no need to seek an alternative. If you like the idea of a pretty flame without heat, gel fuel is a good choice.
Benefits Of A Wellness Home Business (5)
The wellness industry is constantly changing. You can locate seminars and even online classes in this niche to further educate yourself. With a traditional job, you would not always have time to expand your knowledge and learn more about your profession.
Golf Conditioning: Phase Two Off Season Power Training (6)
If you notice any substantial weakness in one area this is the phase to make corrections. For example, if you can do 30 push-ups but only 2 pull-ups then you are unbalanced regarding back strength.
Why People Are Investing In Spain (7)
It would be advisable to also gain knowledge of the local area, the average to maximum rental prices, furnishing and nearby entertainment/attractions. First time buyers very often do not know what they are spending their money on with a worrying number of people neglecting to research - you do not want to fall into that bracket.
Brits 'Should Reduce Utility Bill Pressures' (8)
An online deal will work out cheaper; direct debit, on the whole, will work out cheaper than paying quarterly; all these things we need to flag up ... You can't afford to be passive now.
Bedroom Furniture Decorating Basics (9)
Standard mattress sizes typically range from twin, to full, to queen and king. Older mattresses may have been manufactured before the time of size standardization. These mattresses are typically referred to as antique and three quarter size.
Is A Career Or Technical Program Right For You? (10)
-Time Constraints: You may want to pursue a degree that will get you to a career that is in great demand, but may not have the time or funds for a conventional degree that lasts for four years.
Newer Articles Highlighter:
How To Grab Your Readers Attention With Your Subject (1)
This creates curiosity with the reader and will lead them to open the mail and read on. Julie Morris suggests www.AffiliateMarketingCashSecrets.net We welcome marketers who are looking to make a passive income completely on autopilot with this powerful, but simple marketing system.
Miles Credit Cards -- Beneficial To Many (2)
When you apply for this type of credit card, you will be able to use it for many reasons, both through the airlines that you have it from as well as for purchases in everyday life.
Elegance And Diamond Stud Earrings (3)
While trends come and go at the tip of a hat, diamonds represent a timeless sophistication. It is ever so common for people look back at old photos of themselves and wince at the beehive hairdo or wide collared shirt; rarely does anyone cringe at the simplicity of this jewel.
Texas Economy Will Grow Throughout 2008 (4)
To increase growth, Congress just passed a stimulus package worth about $160 billion dollars, and President Bush is expected to sign it into law, though some economists doubt that it will have any effect.
Email Marketing Software Is An Important Ingredient For Restaurants (5)
Robert Burko is the President of EliteEmail.com, the top email marketing software trusted by restaurants around the globe. To harness the power of email marketing for your restaurant today with a no-obligation free trial, visit: www.eliteemail.com
Bank Credit Card - How To Get One As Your Financial Back-Up? (6)
There is a card for bad credit that many people utilize. It may require a deposit to assure the lender that funds are available to match the credit limit.
Decorative Knot Boards Add To Nautical Decor (7)
For thousands of years, the skills of knot tying, line handling, and sewing were necessary skills for those who manned the great sailing ships of old. Knot boards are a popular piece of nautical decor and are actually replicas of teaching tools used to advance the craft of knot making and splicing.
How To Find A Job In Houston, Texas (8)
Following a few simple steps will make you stand out amidst the crowd to any Houston employer. Search homes for sale: www.houstonproperties.com Get free home sale tips: www.houstonproperties.com Martin, Realtor, Martha Turner Properties.
Be Flexible With Selecting And Employing Resources (9)
Eventually, Chrysler was sold at a pittance by Mercedes-Benz. A weak Chrysler, by comparison, could have been purchased by anyone in 1978 for less than two billion in stock, and you would have benefited from having Lee Iacocca lead the turnaround with K-cars and minivans.
How Much Do Car Clubs Cost And Are They Worth The Expense? (10)
A lot of high end clubs also just meet in parking lots to talk and chat they are not even really groups, just get-togethers. A lot of organizations are made and formed to host car shows or even racing.
Permalink to Financial Rethink ‘Could Help With Money Management’