Author: themoneyshed

There was a time when owning videos and, later, DVDs were a mark of any true movie or TV lover. Hundreds of DVDs and video used to line living room walls – from blockbuster movies to TV series. If you ever wanted to binge watch a series then you had to own the whole boxset. The same was also true of music. You had to buy the physical albums if you wanted to listen to it all.  Then came along subscription services like Netflix, NowTV and Prime Video which meant…

When you want to be able to grow your money, it’s always a good idea to know how you can do it. It’s not every day that you find yourself in a strong financial position. But when you do have some spare cash one month or on an ongoing basis, it’s so important for you to be able to make it grow. But how? And don’t you have to be an investment expert to be able to really grow your funds? Well, not really. Sure it can be beneficial to…

The property market has been becoming increasingly lucrative over the years, largely due to rocketing demand and prices/price growth rising consistently. In fact, house prices have risen by about 400% since 1993, showing just how much of a behemoth the market has become. Those looking to invest in property could well be in to make a tidy profit, but there are also many considerations to make before taking the plunge. As such, here are some of the mainfactors you should think about. Tax You will likely have to pay tax…

A mobile phone is now one of the major costs in an adult consumers life. Often costing more than the standard monthly utility bills. For years websites and finance experts have told consumers to switch their utility deals to get the best plans. For some reason mobiles phone plans don’t get the same attention from UK consumers. They Should! For example; Source – https://www.ukpower.co.uk/home_energy/average-energy-bill Source – https://www.ukpower.co.uk/home_energy/average-energy-bill The annual average cost for a mobile phone contract is £46.60 per month, this makes the average annual spend on mobile phone devices…

Vehicles have an operating life, but they also wear out faster when they are used regularly. Taking plenty of short journeys tends to demand different things of them than longer journeys on the motorway, for instance.  Making the vehicle last longer is a goal centred around getting the most value because the cost of the car is amortised over more years. Put another way, the monthly cost of owning a car is less when it’s owned for longer.  Let’s explore different ways to get more value from car ownership.  Carpool…

There are many things to consider when making one of life’s more significant purchases. Given the financial outlay, it is important to be completely satisfied with what you are buying. In the case of purchasing a car, there are usually many different finance options available. However, although monthly repayments may be affordable, paying the initial deposit may represent more of a challenge. So how can you ensure an adequate financial security net is in place to help in such circumstances? After all life isn’t always plain sailing; a major financial…

Curve Card is a new card from MasterCard which allows you to merge all of your cards in one place. In an age where most people have a couple of bank accounts, possibly a credit card or two and Android or Apple pay it can be hard to keep track of all of your money.  Curve Card aims to put a stop to financial headaches by merging all of your cards and accounts into one. You simply download the Curve app and then you can select which card is used…

We all need to borrow money from time to time, particularly when times are tough, however, accessing credit is not easy. Banks and credit unions are choosy about borrowers nowadays because they are trying to avoid bad debts which can dent their bottom line. Before offering you a loan, lenders consider a number of factors before approving your application, but your credit card score is one of the most important. Credit card references such as Equifax, Experian, and CallCredit carry a version of your credit report. The credit report carries…

How much money can I save using a money transfer company? Making an international money transfer to buy a property or pay ongoing bills can be expensive if you choose to pay through a bank rather than using specialist money transfer companies, as using your bank will significantly increase your costs. Poor exchange rates and higher fees are two of the problems associated with bank-based international money transfers, so there is a lot to consider if you are looking for cheap foreign exchange services, especially how much you can save…

If there’s one trend that defines the modern consumer finance market, it’s far greater accessibility to products. After all, the Financial Conduct Authority (FCA) has already proposed more stringent borrowing guidelines in recent times, after credit card debt grew at its fastest rate since the Great Recession in 2008. Similarly, accessible personal loans are now established as the single biggest contributor to consumer debt in the UK, with companies now able to accept applications and extend offers online and in a matter of moments. The focus on credit card debt…