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The Savvy Scot

Personal finance and lifestyle blog

How to Reduce Household Costs

By Pauline

Landlord

According to the Social Security Administration (SSA), the cost of living has increased, which is why SSI payments have increased 1.7 percent for 2015. Despite this increase, living on a fixed income can still be difficult. The COLA (cost of living adjustment) reflects inflation currently present in the world; it’s not a raise. Whether you’re… Read more

Filed Under: Money Tagged With: reduce household costs, saving energy

3 ways to save on your energy bills at home

By Pauline

    With energy prices soaring, one thing you want to really check is how much you are paying in month for your energy bills. I own a three bed flat in Guildford, and at the moment I have four people living under that roof. Yet, I have managed to keep my utility bills under… Read more

Filed Under: Money Tagged With: save energy

How to Shop Around for the Best Loan Rates

By Pauline

Just because you get a good offer on a loan, it does not mean that you should jump on it immediately. It is always recommended that consumers shop around for the best loan rates. Today, we will discuss how this can be done effectively and save you some time. Check Interest Rates One of the… Read more

Filed Under: Money Tagged With: loan, loan rates

Is private jet hire viable for business travel?

By Pauline

Flying by private jet seems like the sort of luxury travel that should be reserved for Presidents in disaster movies and big business. But that needn’t be true. In fact, if you have business to do overseas then there are some instances where using a private charter flight could actually save you a whole lot… Read more

Filed Under: Money Tagged With: business travel, private jet hire

The Identity Thief’s Shopping List

By Pauline

Today, one in eight people are victims of identity fraud. Why? Because it’s easy. There is an array of seemingly inconspicuous items and pieces of information that an identity thief can easily acquire – mostly due to the fraud victim not realising their significance or not disposing of them properly. Knowing which items can leave… Read more

Filed Under: Money Tagged With: identify thief, identity fraud, thief

Informed Investing: The Ups and Downs of UK Property Auctions

By Pauline

There are pros and cons to many things when it comes to property and investing and the auction route is certainly one of those routes that can divide opinion. If you are looking to buy a house at auction or sell your existing property, there are some very worthwhile tips and rules that you would… Read more

Filed Under: Money Tagged With: investing, Property Auctions, UK property, UK property auctions

What are you doing for your retirement?

By Pauline

Do you remember your first job, and when you had to decide whether you wanted to contribute to your company’s pension plan or not? I certainly do, and what I remember is that it was pretty confusing. The company offered a match up to a certain percentage of my income, but they were very vague… Read more

Filed Under: Money, Personal Finance Tagged With: investing, retirement

How to change career like a boss within your current company

By Pauline

When every day at the office feels a little too much like the worst day of the week and you’re feeling a little stale, bored and/or out of options, it’s time to seriously re-assess your work and career (or lack of it!). Perhaps you’ve already found yourself spending a little too much time on Linkedin,… Read more

Filed Under: Money Tagged With: career, change career, job

What is a credit score checklist?

By Pauline

  Money worries are something almost everyone has been through, so knowing that you would be able to secure a loan in an emergency can be a real comfort when such concerns arise. But whether it is a credit card, a mortgage or a loan, most companies will use your credit score as a guideline… Read more

Filed Under: Money Tagged With: checklist, credit score

The art of raising financially responsible kids

By Pauline

raising financially responsible kids

  There was an appalling piece of data in Scottish Friendly’s latest press release: 1.5 million out of the 6.3 million active Child Trust Funds have been identified as “zombie accounts”, which means there were no contributions made to the accounts since the child was born, somewhere between 2002 and 2011. Some parents have left… Read more

Filed Under: Money Tagged With: responsible kids

Close calls when you think “Man, I should get life insurance”

By Pauline

accident

  Remember all those times where you said “wow, that was close”?  I’d like to share a few of mine today, just to remember that no one is invincible.   First day in London, exploring the city. The first thing that struck me were the cars driving “on the other side of the road”. The… Read more

Filed Under: Money Tagged With: accident, Insurance, Life insurance

Personal Finance for Beginners: Tips on Budgeting Your Lifestyle to Improve Your Credit Score

By Pauline

Not too many people are aware of the damage their credit score can cause until they try to apply for something and get denied. Your credit score and history could ultimately make it much harder (and more expensive) for you to acquire the things you want most in life. Whether you’re applying for a job,… Read more

Filed Under: Money Tagged With: beginners, budgeting, personal finance, tips

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Disclaimer

Neither The Savvy Scot or any guest writers on this site are finance professionals. All writing on this site is intended for entertainment purposes only. Some posts on this site may be sponsored and will include links to external content. See Terms & Conditions page for further details.

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