Author: Emilio

Balance Transfer Credit Cards – What Are They?

In short, balance transfer credit cards can be a great way to pay off your debt and save a ton of money. If you’re struggling to pay off your credit card debt, a 0% balance transfer credit card may be the answer to (some of) your prayers.  Balance Transfer Credit Card If this is the…
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Credit Cards – The Benefits

Ah… credit cards – often seen as an evil bit of plastic to many, yet everyone uses them. But how does this actually stack up? We either know someone who thinks (or even think ourselves) that credit cards are inherently bad and can only lead to debt. Moreover, there’s the belief that credit cards are…
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Paying Off Debt With Savings – Is It Worth it?

Most people would prefer to keep savings or continue, to pay into savings, rather than service their own debt. I’m not talking about paying into an emergency fund, but actually having money in a normal savings accounts, earning little to no interest. This may be alongside paying a higher interest rate in debt than they’re…
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Emergency Fund – Why it’s Important?

An emergency fund is exactly what it says on the tin – it’s an EMERGENCY fund. For emergencies. It’s money you put away for a rainy day, whether that be in case your roof has literally collapsed, your car has decided to break down, or you have lost your job. It should not be touched…
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Savings: Making Your Spare Cash Work For You

With interest rates at an all time low in the UK, and some countries like Switzerland even having negative rates, it’s often hard to find a good high-yield savings account on the market. Most banks have slashed their rates down to around 0.1%, and saving has become much less lucrative than just over a decade…
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Avalanching Your Debt: How Does It Work?

As mentioned in a previous post, there are different types of debt repayment strategies. Following on from our looking into snowballing, in this article we will be looking at the avalanche repayment method, how it works, and whether or not this is the right choice for you. What is Avalanching? Avalanching is the strategy of paying…
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How To Improve Your Credit Score?

Our last post showed the different factors that can affect your credit score (which you can read by clicking here if you missed it!) Now, it’s all good knowing about what affects your score, but do you know what you can do to improve it? If not – we’ve got you covered! Here, we will…
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What Affects Your Credit Score?

Right, I think the most annoying part of writing about credit scores is probably that most people don’t care about their own – until they want access to credit. A credit score is a measure of how good you are with credit (money) over your lifetime. All in all, I can’t stress this enough; always…
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Snowballing Your Debt: How Does It Work?

As mentioned in a previous post, there are different types of debt repayment strategies. In this article, we will be looking at the snowball repayment method, how it works, and whether or not this is the right choice for you. What is Snowballing? Firstly, this strategy works well if you have multiple debts over different…
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How To Pay Off Your Debt – The Simple Guide

In this guide, we will explain the simple tricks to paying off your debt. In our debt repayment series, we will go much more into detail on the different strategies you can use to getting out of debt. But for those that are looking for an easy-to-follow introduction, you’ve come to the right place. We…
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