#MoneyMatters|Swift Money: Consumer Trends Research

As more and more residents within the UK turn to food banks to get through the month; it is startling to see just how much households spend annually on utilities including Food and Drink, Housing, Health and Transport.

With recent statistics stating that the average UK resident earns £35k a year; just how much are we spending? You may be startled by the amount.

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#MoneyMatters| Grexit| Will Greece Leave?

There is no greater example of aid for incessant and rich courage than Greece at this given moment in time. The tragic yet comedic double U-turn this month has since unravelled into a theater of absurdity. Greece’s Prime Minister Alexis Tsipras publicly stated “We don’t believe in the measures that were imposed on us” which provided clarity that Tsipras indeed supported the deal merely out of despair to avoid fiscal collapse.

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#MoneyMatters: 10 Money-Saving Summer Holiday Tips

As the weather keeps getting warmer and sunnier, your mind is probably wandering to booking a lovely summer holiday. Although your heart is telling you how relaxing a holiday would be, your wallet might well disagree with you. But could you have the best holiday ever without bleeding your wallet dry? With these 10 money-saving summer holiday tips, anything is possible!

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#MoneyMatters| The Dangers Of Payday Loans

We are slowly approaching the end of January and many of us are really feeling the financial strain, especially getting over the Christmas period and all the money spent in the sales.  This can result in many people applying for payday loans.  But what are payday loans?

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#MoneyMatters| 5 Top Tips When Buying & Using Foreign Currency

In the UK, it’s officially summer (well some days it feels like this).  The schools six weeks holidays are fast approaching and there are many outdoor festivals taking place all over the world, so it is the time for people to start jet setting.

Before going on holiday, there are so many things you need to ensure you prepare, from packing your suntan lotions to ensuring you have a sufficient amount of clothing for all occasions.  However, typically sorting out finance can be an afterthought for many, resulting in you getting less for your money when you buy foreign currency.

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#MoneyMatters| Staying Financially Safe If You Lose Your Home

In these financially austere times there are few of us that aren’t worried in some way about our finances and how far our pounds do (or don’t) go. One thing that can really give extra cause for concern is the fear of losing your home, and this can happen for many different reasons. The two most common are being evicted as a sitting tenant or having your own property repossessed.

If you are someone who is facing either of those situations then you do not have to struggle through alone. It is important that you know you do have a course of action to take and that there are people and organisations out there who can help you in your time of need.

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#MoneyMatters| PPI: It Pays To Claim

In the last few years within the news, there has been an increase of coverage on the subject of  mis-sold PPI to thousands of families with a low income. Additionally, people are regularly being contacted via text messages, phone calls and emails from random companies, all claiming that they’re entitled to money. Are these companies legitimate? Do you really need help from these companies in order for you to get your money back from many of these big lenders?

Many of the UK’s population has heard their family and friends talk about PPI, seen it on TV or received messages, yet there is still a large fund of unclaimed money out there because some people simply do not know where to begin.

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February 2014, Money Matters, Points of View Comments Off on Is There Hope For Detroit? |

Is There Hope For Detroit?

The Motor City became the largest city in the history of the United States to declare that they were filing for bankruptcy in July 2013, after approximately accumulating a fiscal deficit of $18.5 billion (£12.5 million).

Detroit’s forlorn financial handicap marked a new low for the once proud city; once the heart and soul of the nation’s auto industry big three (Ford, GM, Chrysler). The population has declined in Detroit, from 1.8 million inhabitants (1950), to 700,000 residents today. Rick Snyder, the Republican Governor of Michigan, green lighted a request from Detroit’s state-appointed emergency manager,Kevin Orr to file for the daunting chapter nine bankruptcy protection.

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