Credit cards are for spending money — or at least, that’s what lenders want you to believe. In truth, there are a variety of ways you can take advantage of credit cards to earn back what you have spent. Nearly every credit card issuer offers at least one card that boasts rewards. Rewards cards allow… Read more
What are the consequences of not having life cover to protect your mortgage
If you have dependents, whether that’s a spouse, partner and or children, the consequences of death without having life cover in place to protect the repayment of a mortgage can be catastrophic. Let’s just imagine the scenario for a moment of what might be a typical family. David and Claire have two children, Tom… Read more
Finding What You Need and an Insurance Agency to Match
There are two steps to getting the best insurance coverage for you: understanding what you need and vetting your prospective insurance agencies. In addition to standard packages, many add-ons are available on the market. While some policies sound like a good idea, you might end up over paying for coverage you won’t use. To… Read more
Reevaluating Your Household Budget to Save Additional Money
Budgeting can be a pain for those who are just starting out. Despite this challenge, it is certainly a necessity to stay on top of your household finances. While it can be hard to make budgeting a habit, with practice and time it will become second nature. If you have a general household budget… Read more
Life is how you want to see it
Credit (great post about looking better on pictures depending on your body type) Recently, we had a huge mirror fitted in the bathroom. It starts at knee level, while the tainted shower door reflects your whole silhouette. The shower door is often open so I rarely use it, while I look at myself in… Read more
Start Making Small Investments in Gold
The main reason many people and small businesses choose to invest in the precious metal that is gold is that it is seen as a safe option during times of economic instability. Gold itself has a strong record of holding its value too, though it experiences plenty of ups and downs as well, which can… Read more
Visiting Quito, Ecuador
When I set off for a one year trip around the world after college, I put Ecuador on the list, because it was on the way, rather than because it was a destination that had caught my attention. It turns out Ecuador was one of the highlights of my trip. For me, it was… Read more
Trust deeds explained
While we encourage good financial habits of spending less than you earn and budgeting for important expenses here at The Savvy Scot, we also understand that you can’t go back in time and fix the situation you are already in, and sometimes life happens and you find yourself with a ton of debt and little… Read more
What does ‘’Your Home Is At Risk If You Do Not Keep Up The Payments On It’’ really mean?
An alarming number of mortgage borrowers are placing their family and their homes at risk by not taking out appropriate insurance cover with recent reports suggesting that as many as 50% may not have appropriate cover. This may be due in part to people misunderstanding the regulatory risk warnings provided by lenders on the associated… Read more
Finance Facts for the Self-Employed: Ways to Avoid Overpaying Your Taxes
Most self-employed people overpay on their taxes. So, here’s some tips to help you avoid that without running into trouble with HMRC. Spread Out Your Income Tax Payments Every member of your family who is able to work will have a personal allowance of £9,440. So, if you’re earning more than the 20 pc tax… Read more
Attracting tenants to your buy to let property
It is vital that your property is well presented when showing it to potential new tenants, first impressions are everything and it important that you make the right one. You want to have tenants that will take care of the property and treat it as if it were their own, if they see a… Read more
Saving Money On Your eBay Postage
Running your own eBay business can provide a means of bringing in a decent second income, or with some careful planning and good business sense, you can turn it into a full time money making venture. Whether you sell your own products, or you buy from others to sell at a profit, one area that… Read more