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The Savvy Scot

Personal finance and lifestyle blog

Viewing posts tagged with: Money

Why do we value money?

By Pauline

    Do you sometimes wonder why we value a piece of paper as worth $100, 500 euros, or more? I often do as I travel to countries with double digits inflation rates, or when I see places like Zimbabwe where people deal with skyrocketing inflation, and until a few years ago, $100 trillion banknotes. When… Read more

Filed Under: Money Tagged With: currency, gold, Money, silver, standard, value

Things to Consider Before Taking Out a Loan

By Pauline

Below is a great article be Low Income Loans Assistance in the UK which outlines considerations of taking on loans. Learn more about this and financial alternatives at http://lowincomeloansassistance.co.uk/loans-for-people-on-benefits/. If you are falling behind on your bills or you want to make a purchase but do not have the funds readily available, you may be… Read more

Filed Under: Money Tagged With: borrow, credit card, credit score, debt, loan, Money

When saving money, be time conscious

By Pauline

Time is money, we all know that by now. For every 10 minutes you spend doing X, this is 10 minutes you do not get to spend on doing Y. For example, for 10 minutes you spend trying to SAVE money, you lose 10 minutes trying to MAKE MORE money. Now I often struggle to… Read more

Filed Under: Saving Money Tagged With: Money, Save Money, saving, time conscious

The credit cards of the future

By Pauline

What do you imagine when you think about the future of credit cards, or payment methods in general? I remember when flashing a code with your smart phone was considered an odd occurrence you would only see in Japan or South Korea, and yet now it allows you to pay for some products directly with… Read more

Filed Under: Money Tagged With: chip, credit card, debt, future, Money, pay, payment, pin, safety, security

Teenage money, how to help without spoiling

By Pauline

Teenage Money

  You want the best for your kids, and that is all in your honor. You want them to be spared from the world, to grow without worries about anything, while at the same time preparing them for the responsibilities they will have to face as adults. And that is a very tough job, helping without… Read more

Filed Under: Personal Finance Tagged With: Money, responsible, teenage

Savings and debt before marriage: Whose money is this?

By Pauline

couple money

  For the past few years, most of my friends have been getting married or moving in with significant others, and oftentimes the question arises: when it is time to merge your finances, what do you do about the money you had before you knew each other? I will admit straight away that I am… Read more

Filed Under: Personal Finance Tagged With: debt, Marriage, Money, planning, savings

A lifetime of savings part 4: smart money moves in your 50s

By Pauline

A lifetime of savings part 4: smart money moves in your 50s

While in the past we have discussed the importance of saving money in your 40s, as well as how critical is to to financially plan and be smart about how to save money in your 30s, today we’ll follow up on the next decade of your life. That’s right, you’re about to turn 50! But… Read more

Filed Under: Personal Finance Tagged With: 50, lifetime savings, Money, Saving Money, smart money, taxes

A lifetime of savings part 3: saving money in your 40s

By Pauline

Saving money in your 40s

Following up with this lifetime of savings series, we have talked about how to save money in your 20s and how to build solid foundations for your adult financial life, as well as the smart money moves one should make to save money in your 30s. Now let’s see what should be tackled in your… Read more

Filed Under: Personal Finance Tagged With: 40s, lifetime savings, Money, retirement, save, saving, taxes

Record Keeping for Tradesmen

By Pauline

  At Nova Insurance we know that things have been tight for tradesmen over the last few years, and rising costs combined with pressures on income has meant that increasing profits has been tough. While many are finding it hard to attract new customers or find suppliers who can reduce prices, there are other ways… Read more

Filed Under: Money Tagged With: accounting, Business, Money, operation, trade, tradesman

If You Must Play Cards – How To Play It Sensibly

By Pauline

  There are plenty of ways the internet has revolutionised our lives. They way we shop, the way we watch movies – even the way we interact with each other. One of the other ways the virtual world has changed us is the way we gamble. Before the internet, if you wanted to get in… Read more

Filed Under: Money Tagged With: card, game, gaming, Money, online, play, spend

The Guide to Borrowing

By Pauline

Cash or no cash

  For all of us who struggle with the confusing world of finance, and in particular the jargon, help is finally at hand! Loan broker giant Freedom Finance has compiled a fantastic little e-book created simply to answer all of our credit queries and borrowing questions. And guess what? It’s absolutely FREE! This guide covers… Read more

Filed Under: Money Tagged With: borrow, credit, guide, insecured, loan, Money, rating, score, secured, tips

Janet Yellen And The Fed’s Influence On The Markets

By Pauline

    Learn what is financial spread betting and how you can trade the financial markets from your desktop. On the February 3, 2014 Janet Yellen was sworn in as the chair of the Federal Reserve Board of Governors. This is the first time a woman has ever held the position. In taking the position Janet Yellen… Read more

Filed Under: Money Tagged With: bet, betting, Bonds, invest, market, Money, shares, spread, stock

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