Currently browsing: Personal Finance

Failure to plan leaves women financially at risk in retirement

Thursday, March 11th, 2010

Half of all married men at retirement purchase a single life annuity despite risk of leaving their spouse without any private pension income should they pass away sooner, according to research by Standard Life.

Why women keep track of the family finances: Because they are better at it than men

Thursday, March 11th, 2010

Unlike men, who will regularly turn a blind eye, women are better at budgeting and keeping track of their spending.

Brainy girls play it smarter for £3,000

Sunday, March 7th, 2010

Six students from Withington Girls’ School in Manchester last week carried off the £3,000 prize in this year’s Apprentice Challenge from Financial Mail, sponsored by Royal Bank of Scotland’s MoneySense educational programme.

The overdraft generation: With more of us than ever in the red, LIZ JONES comes clean about her own debt mountain

Monday, March 1st, 2010

With more of us than ever in the red, LIZ JONES comes clean about her own debt mountain – and says she’s
finally found a strategy to get out of trouble.

Quarter of mothers are single parents after being enticed by benefits ‘lifestyle choice’

Thursday, February 25th, 2010

More than half of mothers with children under 13 have never married or lived with a boyfriend and find it ‘rewarding’ to stay at home supported by state handouts, it said.

The cost of raising a child is now £200,000… and that doesn’t include private school fees

Wednesday, February 24th, 2010

Childcare remains the biggest single expenditure, with parents forking out £55,000 on nursery fees, afterschool clubs and holiday clubs during each child’s youth.

Most young families cannot afford to buy their own home

Thursday, February 18th, 2010

Typical first-time buyers have also seen average deposits soar from 16% of annual income in 2000 to 64% in 2009.

Private schools add hidden charges of 15% to school fees as they battle recession

Tuesday, February 16th, 2010

Researchers for the Good Schools Guide have calculated that extras such as uniform, lunches and insurance can add five to 15 per cent to the quoted fees.