Myvesta UK Articles

It has been a busy time in the news recently with the earthquake that hit Haiti, and also new security issues at airports since someone tried to set off a bomb on a flight to Detroit in America.

From a financial standpoint both of these incidents has huge implications.

Many times I am approached by clients who only have one (1) creditor or one (1) debt they owe.

Now that debt may be substantial in its amount, but they only owe just the one debt and are

I have written about warning signs people experience that may show they are headed for a financial fall, but what I read recently is a huge sign: using credit cards to pay your mortgage or rent.

Since the weather is what is dominating the news lately, that and the coup the Labour Party attempted, I thought of the two, the snow and weather were far more interesting.

In the area where I live the snow and ice was so bad all public transport, short of the trains, stopped!

As I write this today I am at home, working, watching the snow and avoiding the roadways.

Why you may ask, but as many of you already know, it is a bit treacherous out there driving as we have had freezing temperatures, ice and now snow and I can see from mine the queues on the roads.

It is difficult even walking as no walkways have been cleared.

We all are a bit materialistic to some extent and like to surround ourselves with the trappings that we are told we all need and want.

Told by the shops, adverts, etc, that we need such and such item or we see everyone else has this and we want it as well.

Happy New Year!

So now 2010 is officially here, our heads and stomachs have settled and it is time to get back to the reality of the world, and the reality of our personal finances.

Last year the Government reduced the VAT from 17.5% to 15% to induce shoppers to buy and spend more.

One of my current clients had an ‘EastEnders’ type day a while back.

 

I saw where one music store chain is doing quite well as many of their competitors have gone out of business.