Household finances are being hit hard having risen at almost double the rate of inflation over the last decade, new research suggests.
According to Santander, the cost of household bills rose by a staggering 71 per cent between 2001 and 2011. Read more
A parenting writer has suggested that pocket money is the perfect way to educate children when it comes to the value of money.
Liat Hughes Joshi, who is also the author of ‘Raising Children: The Primary Years’, believes that the tradition of offering small amounts of pocket money can work wonders later in life. Read more
A journalist and life coach has advised parents to try and teach children the value of money from an early age.
Joanne Mallon, who is also the author of ‘Toddlers: An Instruction Manual’, believes that in these currently difficult economic times, teaching the value of money and of ‘saving-up’ is essential. Read more
The current tough economic climate has at least one silver lining, it will educate people in the value of saving money and trying to be as prudent as possible.
That’s the view of moneynet.co.uk, one of the longest established financial comparison sites in the UK, who claim that while it may not be great for a struggling economy to encourage saving, it’s a valuable skill to learn. Read more
We’ve valued some pretty exceptional items here at borro but even we are yet to value an entire town.
However, if events in Wyoming are anything to go by then that could all change. This is because a small town called Buford is being put up for auction. That’s right, the whole town. Read more
A parental expert has suggested that making bank accounts mandatory for 16-year-olds may not be a bad idea and that it may enable them to find out how money works.
According to Andrew Watson, author of a number of books on parenting, the state of financial education among young people and school leavers can be quite poor in area. Read more
Increasing numbers of people are now being much more careful with their personal finances according to the product and marketing director at Santander Cards.
Gail Goldie has suggested that because of the limiting and wide-ranging effects of the recession, people are increasingly taking much more care with their finances and making their money go further. Read more
Thanks to a variety of factors, which will have been debated in various arenas, the world’s finances are currently rather precarious and this has transferred itself from the banks to members of the public.
People across the country will be looking to cut back on unnecessary expense and maybe even borrow a little to get by, especially when they hear the most recent statistics relating to families’ home finance arrangements.
Statistics revealed by the Daily Mail from Alliance Trust found the average family lost almost £6,000 over the last three months thanks to a combination of soaring energy bills, dropped house prices and the rise in the cost of living. Read more
“I need a £5,000 loan for my student daughter” was how the conversation started a few weeks ago when an anxious mother called our Borro Loan Call Centre.
“My daughter is a student and I need a loan to help her pay University fees, rent on a flat and to have general living money, are you able to give me a loan?” Said a single mother of an Essex University Student who called us and had stated that she had asked elsewhere, but was unable to get the loan and help she was after.
We told her how Borro works and after discussing possible valuables that she and her family had, we were able to give her the loan for her student she was after. Read more
With borro you can use your valuables to secure a short term loan against assets in order to release funds that may be tied up whilst waiting for probate. We can lend anything from £1,000 up to £1 million loan against luxury watches, jewellery, fine art & antiques, prestige & classic cars, yachts and more.
If you want to know more about borrowing money and getting a secured loan against an asset while your funds are tied up in inheritance, then please contact us as every case will be different. You’ll probably be invited to visit our valuation centre which is located in Central London and it’s best if you book an appointment but you are also welcome to simply call in.
Tags: Inheritance loan, borrowing money against inheritance,
