How Can I Make Money in my Free Time?

There are many of us that would like to make some extra money. We usually all have a bit of free time and so this could be the time when we should be looking at making a bit more. There are different things that we could do in order to earn some and it is worth considering what might work for you and a few ideas are explained below. Take on Extra Work in Current Job If you have a job then it can be useful to see whether there is a way to get extra money form this. You […]

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Should I Lend Money to my Children?

When your child asks you for help, as a parent it can be very difficult to say no to them. This means that when they ask you to lend them money, then you may think nothing of it and just let them have the money that they want. However, this may not be a good idea and it is worth thinking about why it might be sensible to not always lend the money that they need. They May Rely on it It might get to the stage where they start to rely on the money that you are giving them […]

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Is it Wrong to Borrow Money?

There are some people that think that it is wrong to borrow money. They may think that it is too expensive, it is a con or that it does not benefit anyone. However, there are good and bad reasons to borrow money and it is sensible to be aware of these so that you can use borrowing to benefit you when you really need it but do not borrow money when you do not really need to. To Buy Something Expensive Most people will borrow money because they cannot afford to buy the item without borrowing the money. With some […]

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How to Prepare for Losing your Job

Often, we do not get a lot of notice if we are about to lose our job, unless we are on a fixed term contract or heading towards retirement. This is why it can be wise to prepare for it anyway. Being prepared for the worst can give us a sense of security as we will know that should we be made redundant or get dismissed from our job, we will be financially prepared for this. There are different things that we can do which should help. Pay off Debts If you have lots of outstanding debts, then finding the […]

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Can I Afford to Move Out From my Parental Home?

It can be difficult when we first leave the parental home as we are suddenly hit with lots of things to pay for which we are unlikely to have had responsibility for before. It is good to think about whether this is something that you will be able to afford. Calculate Costs It is therefore a good idea to start off by calculating how much it will cost you to move out of home. It is not always that easy to calculate all of the costs, but you should be able to estimate them. You may already have a car […]

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