At some point in your adult life you will most likely need to take out a personal loan. Personal loans are typically used to finance some sort of purchase or used for debt consolidation. Avoiding these common pitfalls can help ensure your loan does not do you more harm than good: • Do not take the first loan offered to you. Shop around and try to get the best terms, at the most competitive rates. Once you have received a offer that looks great, it can be helpful to go through it with someone else that can help you see hidden terms or clauses. • Do not agree to unachievable repayments! You need to take your time and ensure you can easily pay the amount agreed upon, so as not...

If you are thinking about saving to buy your first home, it is important that you save efficiently and smartly in order to get the best benefits and interest overall. The two most popular saving accounts for those looking for a first time property is either the Help to buy ISA or the Lifetime ISA The Help to buy ISA has no penalty for withdrawal, but you simply do not get the bonus. You are also able to use it after 3 months of opening it, should you be at your maximum savings. The government will contribute a maximum of £600 per year depending on your savings with an absolute bonus of £3000. The Lifetime ISA the government can give you £1000 per year but cannot be used within a...

Deciding to find an investment in a business, you must remember that no one, even the noblest investor, will give you money simply because he liked the idea. What is primarily interested in all those involved in financial investments is their own profit. Therefore, the most important thing in attracting finance is to convince the investor that the investment will bring him a profit. Many people think that if their idea is unbelievable original, it will provide them with 100% success. This is a typical misconception. In fact, most companies, foundations and private entrepreneurs are doubtful of such projects. They are not interested in your idea. They need a steady income. And stability is provided by proven, familiar areas. It doesn’t matter how big your business idea is. It is...

With Christmas just passed and our pockets very empty, January seems to take a financial strain on us. Planning ahead will help to provide you with a financial picture for the coming year. Many financial companies support providers on our smartphones or online as they are able to assist with financial planning. They can help by providing easy to use data sheets with easy to use options for entering your income and outgoings. They help by displaying a clear visual representation of the coming year, simply download an App or signing up online can keep your finance under control and at your fingertips. These companies also provide information regarding monthly summaries, tips on making better savings and have a support network available should you require it. You are also able...