Money Saving News for September 2008
- Parents 'need to save early' for private education - 30th September, 2008
Prudent minds – number 1 for savings accounts
Parents hoping to put their children through private education need to start putting money into savings accounts as early as possible, it has been suggested.
According to the head of personal finance at Fool.co.uk, private school fees are accelerating at such a rate that it is advisable to start saving "almost at the point of conception"... - Egyptian property market 'remains buoyant' - 30th September, 2008
Prudent minds – number 1 for property investments
People looking to make property investments overseas should consider Egypt, as the country's housing market remains buoyant despite economic problems, it has been claimed.
According to the chief executive of HomesGoFast.com, while Egypt is battling with high inflation, overseas property investors are benefiting from low entry prices and the prospect of strong capital growth... - Brits lack retirement confidence - 30th September, 2008
Prudent minds – number 1 for pensions advice
Many Britons lack confidence when it comes to providing a comfortable retirement for themselves, suggesting that pensions advice may be beneficial.
According to a survey by Alliance Trust Savings, 43 per cent of the population doubt whether they will be financially secure in their twilight years... - Life insurance customers 'should make sure they are getting value for money' - 29th September, 2008
Prudent minds – number 1 for cheap life insurance
Consumers taking out cheap life insurance should make sure they are getting value for money, protection specialist LifeSearch has advised.
It said that as families struggle with rising living costs, getting good value in terms of protection products is more important than ever... - Cuts in balance transfer fees predicted - 29th September, 2008
Prudent minds – number 1 for balance transfer credit cards
Transfer fees on balance transfer credit cards could become the new battleground for companies in the market, it has been claimed.
According to MoneyExpert.com, Barclaycard's decision to cut its transfer fees on its OnePulse card could prompt more providers to do the same... - Student property investors 'should do their research' - 29th September, 2008
Prudent minds – number 1 for buy to let mortgages
Houses in university towns can be wise property investments, but landlords should make sure they conduct some thorough research before committing to a purchase, it has been claimed.
According to a spokesman from the property information website Mouseprice, student properties have "typically performed quite well as an investment over the last few years"... - Parents using loans to meet children's expectations - 26th September, 2008
Prudent minds – number 1 for cheap loans
Parents struggling financially in the current economic climate are taking out cheap loans to meet the expectations of their children, new research shows.
According to a survey by National Savings and Investments (NS&I), over a quarter of parents have used a loan or a credit card to pay for the luxuries their children desire... - Car insurance costs rising for young male drivers - 26th September, 2008
Prudent minds – number 1 for cheap car insurance quotes
The cost of car insurance for young male drivers has been rising over recent years, while premiums for young female motorists have been falling, new research shows.
According to figures from AA Insurance, young men who have just passed their driving test can expect to pay twice as much as their female counterparts for cover... - Consumers 'should make the most of their money' - 25th September, 2008
Prudent minds – number 1 for savings accounts
In the current financial climate, consumers should ensure they are making the most of the money that they have by choosing the right savings accounts.
This is the advice of Michelle Slade, the press and public relations officer at Moneyfacts, who said shopping around for the best deals on savings accounts is a sensible way to make money stretch further... - Eco-friendly car insurance 'not necessarily the cheapest' - 25th September, 2008
Prudent minds – number 1 for cheap car insurance
Eco-conscious motorists looking for cheap car insurance should not necessarily opt for green policies as they may end up paying more than they need to, it has been claimed.
According to the price comparison website moneysupermarket.com, eco-friendly car insurance deals can be up to 105 per cent more expensive than conventional cover...