Don’t Let Your Mortgage Lender Sell You Home Insurance.
Monday, December 10th, 2007Many times on these pages we talk about shopping around for a better deal, but even I was ripped off - twice. (more…)
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What the debt advice company adverts REALLY mean
Tuesday, October 23rd, 2007Examples of the fanciful, and potentially misleading, marketing slogans from the finance and debt solution industry. There can be a big difference as to what they imply and the reality.
The 12 Steps To Debt Salvation.
Thursday, October 4th, 2007Taken from a seemingly serious American debtors anonymous website, a 12 step programme to debt salvation. The message is clear. Repent to God for your evil and insane ways and everything will by fine. (more…)
Stop trying to keep up with the Jones’s
Thursday, August 30th, 2007The Jones’s may be drowning in more debt than you can imagine.
Trying to keep up appearances is little more than a costly illness. You cannot judge someone by what they have as you don’t know how they got it. Maybe they are financed up to the eyeballs and are in misery worrying about their debts.
Your spending decisions should not compromise either your own or your family’s long term financial security. Do not concern yourself with getting one over on Bob from next door as his television is only 42 inches.
There is no such thing as being materially complete. When you’ve bought everything on your current wish list, you’ll have thought of something else you can’t do without.
Giving into sort term gratification can be the root of long term debt misery.
Maturity is often defined as the ability to delay gratification, so keeping up with the Joneses is very immature.
The National Lottery – it won’t be you!
Monday, August 27th, 2007It’s a mugs game and called by some, a tax on the poor.
The odds of winning the Lotto jackpot are 14,000,000 to 1 against each ticket.
There are not any combinations or strategies that an alter this. Every combination is as equally likely as each other.
Only 45% of the money spent of tickets is give back out in prizes. This is an appalling return.
Go to your local casino if you want to gamble and play the roulette wheel instead, over 97% of the money is given back in winnings. This also is 100% random and without any skill or strategy that can increase your change of winning.
Better still, do not gamble at all, unless you know something that the person setting the odds does not know.
