Expert Tips & Advice On Personal Finance, Buying Cheaper Insurance, The Latest News On Employment, Personal and Business Income Tax Rules, Not To Mention Buying And Selling UK Property.
Ali Steed and Liz King, founders of MyMoneyDiva.com, the money and finance website for the modern British family, want to help you understand more about your own, and your family's cash.
Financial Information, Savings, Family Tax Credits And Credit Cards
Many Brit's now have 3 or more credit cards, a few store cards and debit cards in their pockets. No matter how many cards you have, make sure you take full advantage of them, and are not paying too much in interest.
Some credit cards charge as much as 30% interest, with 18-20% as a norm, so it may be time to resist impulse purchases when you are shopping.
MyMoneyDiva.com explains credit, loans and debt, with ways to find great deals on credit cards, information on saving money to make bigger card payments. Check out how credit cards, debit cards, reward cards and store cards work, and why your 0% interest deal could disappear if you make a late payment.
First Time Buyers Find Out How To Get The Best Mortgage Deals
Buying your first property is one of the most stressful tasks a young person will have to complete and finding the deposit to get your foot on the property ladder is more difficult than ever.
Mortgage lenders want larger deposits now before they even consider providing first time property buyers with a mortgage. Mortgage interest rates may be low, but are fluctuating and could rise.
Remortgaging and buy-to-let properties may be easier to negotiate when you are an experienced home buyer. But with the latest information found here at MyMoneyDiva, you can get the lowdown on mortgage deals, arrangement fees, legal fees, and how to find the best solicitor to help with the legal wrangling too.
Car Insurance - Home Insurance - Travel Insurance
With undetected general insurance fraud including false claims made on home insurance, motor insurance and warranties increasing dramatically each year, British adults are clearly being hit hard by the credit crunch.
But there are ways to get better insurance deals on your home, car and even your travel insurance. MyMoneyDiva.com outlines some of the steps to take, including increasing your insurance excess, downgrade your insurance cover to ensure you are not over insured, downsizing your car for a more economical "greener" vehicle with a smaller engine, and shopping around.
You can save between £60 and £160 in just 30 minutes, and we can help you.
Lastly here is another great tip, fully comprehensive policies can in some cases be cheaper than third party cover so check out all the options before you buy.