UK Money News
17th January 2007
Brits 'should increase focus on personal finance'
Consumers should spend more time working towards understanding finance and making finance comparisons to get the most out of their money, it has been suggested.
Research by personal finance site Fool.co.uk discovered that British consumers put twice as much effort into planning their yearly holiday than to compare mortgages.
Of those quizzed, more than a third said they would spend more than ten hours on making holiday-related decisions, while only a fifth would spend the same amount of time on picking a mortgage.
David Kuo, head of personal finance at the site, suggested it is understandable that more effort goes into the task of planning a vacation than selecting financial products.
However, he added that while a holiday could boost energy levels for a short while, "healthy finances can boost your bank balance for a lifetime".
Mr Kuo said that taking more time to pick the best mortgage deal could save as much as £3,000, which could pay for a dream holiday.
An initiative launched by Axa last year aims to increasing the time UK employees spend on sorting out their personal finance situation.
It urged employers to help kickstart the programme on November 21st by offering workers the first hour during working hours.
back to January's Money News
This article and more Latest Money News can be found on MoneyCrocodile.co.uk
Personal Loans from UKPersonalLoans.com
Personal Secured Loans for Homeowners and Personal Tenant Loans for Non-Homeowners. You can apply online for an Any Purpose Loan or Personal Debt Consolidation Loans or use one of our Loan Calculators.
Debt Advice from ReduceDebt.com
Debt problems? Refused a loan? Got CCJ's or Arrears? Get the best advice and help by enquiring online. Our Debt Professionals will help you whatever debt problems you have. Some of the options available to you are Debt Management, Debt Consolidation, Debt Couselling and IVAs,
UK Personal Finance from MoneyCrocodile.co.uk
UK Online Personal Finance site covering: Loans, Mortgages, Credit Cards, Insurance, Debt Advice, Bankings and Savings, Finance Tools and Money Jargon. We also cover Any Purpose Loans, Secured Loans, Personal Loans, Tenant Loans, Car Loans and Debt Consolidation Loans. If you are looking for Personal Finance let Money Crocodile put a smile on your face.
Car Loans from GBCarLoans.com
Don't just accept the dealers finance - get a quote from us before you buy!. UK Car Loans for New Cars or Used Cars: Supermini, Small, Hatchback, Saloon, Estate, MPV, 4x4, Sports, Luxury, Executive, Cabriolet or Classic Car.
Tenant Loans from TenantLoan.com
If you're looking for a low cost tenant loan, then look no further. We aim to find you a highly competitive interest rate and you can borrow anything from £5,000 and £250,000 with up to 25 years to pay.
