Lifestyle

5 Ways To Manage Your Debts

The decision to get out of debt is a life changer if you are willing to make the commitments required. Getting out of debt is tough because it means changing your spending habits, prioritizing debts, learning how to budget, knowing who and how much you owe them and knowing where you will get money to settle the debts. Therefore, reducing your expenses and increasing your sources of income are the two ways you can get out of debt fast. But,...

How to circumvent currency exchange blind spots

According to the Office for National Statistics, £66.3 billion is spent on foreign currency during visits abroad each year; 75 per cent of this is exchanged in UK banks, bureaux de change, travel agents, supermarkets and Post Offices before departure. But, blinded by an abundance of rate options and hidden charges, British travellers are losing a sizeable chunk of this hard-earned holiday cash to the currency exchange players. Founder of currency comparison aggregator and ‘Skyscanner’ of the money transfer world,...

Burberry burns £28.6m of unsold products to “protect its brand”

Upmarket fashion label Burberry destroyed £28.6 million worth of unsold clothes, accessories and perfume last year to protect its brand, BBC reports have revealed. The practice of destroying unwanted items to prevent them being stolen or sold cheaply is common in the fashion industry, but it appears to becoming more prominent. Burberry burnt six per cent more products in 2017 than the company disposed of in the previous financial year. According to Maria Malone, principal lecturer on the fashion business at Manchester Metropolitan University, the...

When a misdiagnosis can leave you out of pocket

Over the past 6 years, the NHS has had a total of 7,629 successful claims for misdiagnosis brought against it, totalling £1.024bn in compensation in England since 2012. With such staggering numbers, it’s easy to see why people often feel a strong sense of anger at the situation. It is polarising, with some angry about understaffing and underfunding causing such mistakes, and some angry that people would make a claim against one of our greatest public services. In the case...

Budget-Friendly Ideas for a Cosier Bedroom

With autumn inching increasingly closer, now is the ideal time to plan the transformation of your bedroom into a warm and welcoming space for you to snuggle up on those cold wintery nights. According to a recent report in The Guardian, however, disposable income levels are continuing to fall in the UK, with single breadwinner families requiring a 27% boost in their incomes in order to meet their most basic demands. Given this, now may not be the right time...

6 important questions to ask about your credit score

Borrowing money can be a complex business these days. Whether you’re applying for a mortgage or a personal loan, want to take out a new mobile phone contract, car finance or rent a place to live, your prospective lender, company, employer or landlord will first want to carry out essential checks to establish your ‘creditworthiness’. Why? Well, any company you are considering borrowing money from will want to be reassured that you’ll be able to pay back the debt, in...

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