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What is the best method to budget?
We all I guess need to know how to budget but, short of counting every penny and what it is spent on, I' d like to know of a system or method that works well in getting control of personal finances. Let me know what works for you? These are the 2 things I think are most important when doing a budget and tracking your…
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50k Deposit for House
This is my first post everyone, so please be gentle! I have been a lurker for a while and now have a question for you all.... Basically, my aunt died last year and left me 50k to use as a deposit on a house. I am still umming and arring over whether to buy or not, but does anyone have any suggestions for a good place to…
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Kent Reliance RS stays at 4.5%
Had a letter from Kent Reliance Building Socitey today confirming that following the recent BoE rate increase they will not be raising the interest rate on their Regular Savings account. The rate has now remained the same since Jan 06, through three BoE rises. I opened the account, like I think many others, after they…
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A&L Direct Saving - Warning
I have wrote this in a couple of threads but I think it would be well worth others who may be thinking of opening one of these accounts to also have knowledge of this. I initiated a transfer of £25 to my direct saver account from my current account to try the new account out on Tuesday 2nd January. This had an 'action…
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Help for elderly dad re tax/savings please
Hi, I am trying to ensure my Dad (85) is making the most of his savings and pension. As far as I can see he gets £420 p/m company pension and £94 p/w old age pension.Total approx £796 p/m I have opened a web saver with the halifax for him .He does not want to change banks or tie his money up at his time of life! My…
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A little savings advice needed please!
Hey guys, I'll try to keep this simple and not confuse the matter too much with figures. Basically, at the moment I have the following accounts which I'm happy with: - Lloyds Classic Plus with Web Saver means I can accumulate a little interest on readily available money that I use for all transactions. - Lloyds Monthly…
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Zurich Offshore - 6.05%
Offshore savings seem to get knocked here as they've lost their tax advantages, but this looks like the best rate going at the moment. Fixed for 1 year though, no withdrawals. http://www.zurich.com/zurichbankinternational/ProductsServices/Products/Fixed+Rate+Bonds.htm Could someone just confirm: you get paid gross but you…
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How to start buying shares???
Hey folks i'm looking to invest a few quid in shares to see how they perform and get a little bit of understanding of how it works. it's not going to be a great deal of money and i pretty much know whom i'd like to spend them on, so i'd like to keep down the costs as best as possible. whats the most…
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help us to invest
we have been informed that there is a uk account that if you invested 75k you were given 5k. you were able to obtain a regular income from the interest. Trouble is that I cant find it anywhere.....can anyone assist.
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USA Dollar accounts?
Folks, My lady says "this year I would like to venture to the USA and see Mickey Mouse" so I says okey dokey, we better save up then. Chap in work says to me "why dont you open an american dollar account" Not a clue what he on about, just nodded and said its a good idea. So anyone done or got one of these? Can I / we open…
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a&l reg saver
I have a reg saver maturing next month.....just wondering what happens to the standing order.....does it get automatically cancelled.....or do i have to cancel it. Obviously there is no a/c for the money to go into ..... but would they i wonder be cheeky and divert it to the plussaver?
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Mums Finances
A year has past since my father passed away and all the financial affairs are now sorted out. I have had a good read of the advice available on the site and would be grateful of your advice on our plan for my mothers future finances. She is still working, although passed retirement age, with the state pension, private…
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Shareholder - Being fully involved
So after "playing" with fantasy portfolios I've finally been able to put my money where my mouth is, and this afternoon I became a shareholder in 5 different, diverse companies. My question is more an admin one as I want to be fully infomed and involved: 1. Where can I find out what, if any, perks shareholders of a given…
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Cahoot savings account
I am going through the process of opening a cahoot savings account (via quidco of course!!), just sending of my id etc. Just have a quick question, it says to deposit money into the account I have to do it by direct debit, does this mean I cannot just do a transfer from my existing current account (with natwest)? In the…
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Are you entitled to Standard Life Shares?
What's this about? If you've ever had a product with Standard Life, it's possible you're eligible for shares from when it floated on the stock market last year. Over 200,000 policyholders have failed to come forward to collect their entitlement to 90 million shares worth £272 million. It's worth checking, you could be…
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Where to invert £30,000 over 5 years??
Hi there just what the title says really my mum and dad have £30k to invert for the next 5 years. Thet want it to be guaranteed. what could they expect back after this time?? I can only find the post office site which tells you what you get back after the term any ideas?? thank you for your time Andy
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SO CONFUSED about saving...
MSE's, please help!!! I'm getting really confused about ISA's and best savings. Here's how my money works: I have No debt I have an ISA with Alliance & Leicester which paid the interest on 31 Dec 2006, and now has just over £2000 in it. I had a windfall of £3000, so have just applied for a NS&I ISA. So, my question is, can…
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knowdough
Sometime ago I had a telephone share dealing facility whereby I was able to buy shares without depositing funds in a holding account. Once the deal was done, 'that was it', and I was sent a bill for settlement a few days later. I now have a renewed interest in share dealing but it seems all the firms require up front…
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Savings of £150k+157K BTL Mortgage HELP
Hi This is my first post so any help would be great. We recently sold two properties and after CGT have £150k profit. We also have a BTL Mortage of £157k with tenants in place(property value £185k. Net 'virtual' profit from that venture is approx £90pcm. We want to have some liquid cash to invest in a business venture…
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In debt-Cash in Shares??!
hello, this is my first day on MSE and I've spent all day on the DFW forum Just a quick question, I have £12000 debt. I have shares to value of £500. is it costly to sell them, should I do this or should I stick with them?:confused: Any thoughts? Thanks :)
