Averages can be both interesting and informative, but they can also be misleading. Firstly, there are three different ways of calculating them (mean, median and mode), which can produce significantly different results. Secondly, even if “average figures” suggest that there is little likelihood of a negative event happening to you, it can still make a […]
News and Articles
Inflation and Investments
Inflation is basically another word for price increases. Its opposite is deflation. Inflation matters because it influences the cost of goods and services and hence how much income we need to support our lifestyle. Measuring inflation In principle, you can measure inflation (or deflation) by tracking the price of an item over time. In practice, […]
Accidents can (and do) happen
While words like “health and safety” tend to make people’s eyes roll, fundamentally health and safety is basically about taking sensible precautions to keep people safe and it, therefore, applies in the home too. As an added bonus, it also helps to keep your valued possessions safe. Here are some tips on preventing accidents in […]
Perfecting Your Pension
Even though there are plenty of ways you can potentially save for your retirement, saving via a pension scheme remains one of the most common, especially for those in employment, who now have to be automatically enrolled into a pension scheme unless they actively choose to opt-out. If you’re one of the many people currently […]
Mortgage prisoners may get early release
The introduction of new “affordability” criteria for mortgages created the, arguably rather farcical, situation of some people being told that they could not remortgage to a cheaper deal because they could not afford it and thereby being forced to continue using a more expensive mortgage product. These people have become known as “mortgage prisoners”, but […]
What will the election mean for your mortgage?
Regardless of how you feel about Brexit, it’s probably good news that one way or another, the issue is likely to be resolved in the near future, so we can all get on with making plans for our future. Since we all need somewhere to live (as do our family and friends) this means that […]