Women Find Saving ‘Easy’
Keywords: women, more, switched, on, saving, finance, loans, credit
Women are savvier at handling their finances than men, a new set of figures suggests.
In research carried out by Engage Mutual Assurance, about two out of three females (67 per cent) are reported to find it “relatively easy” to keep up a routine of saving money. Meanwhile, 70 per cent of ladies are able to budget well, in comparison to 68 per cent of males. The results come despite women being indicated to earn 30 per cent less money than men.
Commenting on the figures, Karl Elliott, marketing director for Engage Mutual Assurance, said: “The good news from these results is that many Britons actually find saving as part of their day-to-day lives relatively easy. When you compare saving for the future to other common lifestyle challenges, you realise that getting into the habit of saving can be easier than changing your diet, for example. By getting into the habit of saving more often Britons can help secure both their and their family’s future”.
Research from the financial services company also showed that consumers with young families have the greatest difficulties in setting up and sticking to a budget. Some 40 per cent of Britons between 35 and 44 years old - the age group most likely to have children - are said to find it hard to save money for the long-term, in comparison to a national average of 32 per cent.
And with the recent smoking ban coming into effect, giving up cigarettes was said to be easier for Britons to do than regularly saving money. According to the firm, one in five (20 per cent) claim that they would find it difficult to quit the habit for a six-month period. The study, which surveyed a total of some 2,000 people, also reported that 56 and 52 per cent of women respectively would find it hard to stick to going on a diet or exercising regularly for longer than six months.
However, in a study conducted by Investec Private Bank earlier this month, less than a third (29 per cent) of savers were reported to be unaware of how much interest they are generating on the money they put aside each month. Although 19.3 million Britons are reported to regularly save money, only one out of five respondents know the exact rate they receive. The findings also suggest that despite the Bank of England increasing the base rate of interest five times over the last 12 months - a move further pressurising consumer’ ability to make secured loan repayments - an estimated 10.2 million people with savings accounts are not making full use of the rises to bolster the amount of money they are putting away.
As a result, this led to Linda McBain, head of banking for the financial company, to claim that millions of Britons are “potentially missing out on substantial returns over the course of a year” - which in turn could see them develop financial difficulties in later life. The study reported that those with savings of at least 25,000 pounds may be missing out on hundreds of pounds in interest by choosing uncompetitive schemes.
Mark Dawson writes for the Loan Arrangers. Where visitors can compare cheap loans online, and apply for debt consolidation loans. To read more articles from Mark go to news.loan-arrangers.co.uk
Previous Articles Highlighter:
Real Estate Investment - Profiting From Overseas Property Investment (1)
An investor can purchase up to four thousand square meters of land and an additional house or apartment. Similarly, buying Dubai property offers many advantages due to the fact that real estate prices keep increasing because of the high demand these properties have.
3 Rules You Need To Know About 401ks Before You Change Jobs (2)
But, as we saw with Enron, that's not always true. I recommend you move the money when you leave -- regardless of the company's size. It makes for a clean break and you don't have to worry about the company's solvency.
Texas Invests In Its Future: The Young See Hope For Retirement (3)
Being aware of your health, and what you can do to safeguard it, will certainly affect you as you age, and eventually your wallet as well. Pat Carpenter writes for Precedent Insurance Company.
Confessions Of A Personal Finance Blogger (4)
Have also started a new blog on my internet marketing experience, separate from my personal finance blog, which is slowly gaining some regular readership. Karen Cheong believes we all have it in us to be rich - really ridiculously wealthy.
Selling Your Home: Making Your Home Accessible And A Pleasant Showing Experience (5)
Many people decide to take their dog on a walk because it us a quick exit and lets the Buyers have a little time in the home to look around.
Borrowers Should Be 'Wary' Of Using Store Cards (6)
Keywords: store, cards, personal, loans, cheap, secured, finance Opting to use store finance cards is an uncompetitive form of borrowing, an industry expert has warned. According to Martyn Saville, senior researcher for Which?, those who are only able to make the minimum monthly repayments on the type of credit could be set to find strains on their day-to-day finances increasing as providers charge high levels of interest for outstanding balances.
Be Punctual With Payments On Student Loans (7)
You should soon be inundated by a ton of great deals that suit all your needs. The student loans is a type of personal loan that has been growing in popularity.
Loan Guru: Debt Consolidation Benefits (8)
Debt consolidation helps you in saving you from the legal actions which can be taken against you in case of non-settlement of bills. Debt consolidation can eliminate your worries and lets you enjoy life in the way you want to.
Loan Guru: How The Home Equity Loan Works (9)
When you take a look at the different interest rates that are available and indeed you take a look at the interest rates for other types of loans in comparison to the home equity loan, what you immediately find is that the people that are interested in getting the home equity loan for themselves pay a much lower interest rate on average than people that are involved in other loans.
3 Powerful Ways To Generate Real Estate Leads (10)
It's 3:00 AM and an Internet surfer has just found your web site, stays on it long enough to read 3 or 4 pages then requests via your web subscription a special report on buying a home with low money down.
The Pros & Cons Of Any Debt Consolidation Solution (11)
Losing debt is the same as losing weight, consistency and commitment to lower it and keep it lower, is the key to long-term success and becoming debt free. Ian Wilkie is a published expert author of many Debt Consolidation Solution articles and owner of - www.mydebtconsolidationsolution.com your one-stop online resource for Debt Help.
Loan Guru: Debt Consolidation And It's Advantages (12)
When you take a look at things like debt from credit cards, debt from a mortgage, debt from car loans, debt from monthly bills and any other number of sources of debt that can exist in a person's life, you can see how it would quite easily get to the point where the person would feel overwhelmed and not have a clue as to what they should actually do.
Loan Guru: The ABC's Of Mortgage Loans (13)
Mortgage loans are undertaken by the masses mostly when they want to make a new investment in the sphere of real estate, property and land. Before giving out any part of the personal property on mortgage, it is advisable for an individual to be well-versed with all the intricacies and legal formalities which are involved in the process of securing loans through mortgage.
Loan Guru: Mortgages, The Original Home Loan Agreement (14)
It is important to be aware of what fees are there, but most of the time you will see that they aren't that big. This article is the property of www.LoanGuru.org and www.HomeEquityLoanStore.org - professional financial services with free quotes form multiple lenders
Is Now The Time To Own Gold? Here's What You Need To Know... (15)
Keywords: gold, investing Gold is a hot topic these days. The yellow metal is once again selling near its 25-year highs -- which means it's approaching its all-time highs. Does that make gold a super investment right now?
Online Trading And Your Computer's Hardware (16)
There are software today that will do the same for you. But for those software to perform and produce the best results the hardware in your computer must provide full support.
What Does It Take To Have A Good Credit Score? (17)
Dispute these as necessary. Doing this will also help to protect you from identity theft, or at least stop the problems early on. If you become aware of an issue with fraudulent use of your identity early on, there should be fewer issues to fix.
Debt Consolidation Solution - What Is The Most Appropriate Level Of Debt? (18)
Aspect 2 - You can factor in expected increases in wages, income & remuneration as banks and other lending business do in their estimates and reviews, nevertheless you ought to be very sure you are actually going to receive the amounts being projected, a promised raise or hoped for return from a stock sale is far from guaranteed increases in wages and remuneration.
Online Trading And The Basics Of Stocks And Shares (19)
Large-cap Shares of huge companies that have been around for ages and will be there for a long time. Premium-priced stocks with a lot of security. Find more Online Trading info @ www.ONLINE-FINANCIAL.INFO @ www.ONLINE-INVESTMENTS.INFO For Online Trading related articles: www.online-trading101-fyi.info
Debt Consolidation Help - Consider The Tax Implications In Your Debt Consolidation Calculations (20)
In the USA, the biggest tax write-off for many individuals is the interest paid on a housing loan, since these loans represent large debts paid over many years, the interest is, for several years the overwhelming majority of the complete monthly payment and as a consequence most of that interest paid may offset taxable wages.
Newer Articles Highlighter:
Get Out Of The Web Of Bad Credit (1)
Thus, while you buy your car, you will probably end up paying higher amounts of interest than your buddies with good credit. You could be finding it unfair. But you will agree that it is the direct consequence of your defaulting on some loan in the past.
The Easiest Way To Fail Financially (2)
Here are a few easy steps: 1. Don't go to the store. It's tough to get impulses if you don't subject yourself to the temptation. Of course, you can't avoid stores altogether, but you can limit your trips to only those times when you really need something.
Who You Pay And How Much You Owe For Student Loans (3)
The easiest way for you to figure this out is simply to look at the statements that could come monthly or usually each semester. If you have lost this information or if you have changed your address then I would suggest that you contact your financial aid office for your college you are attending.
The Tortoise Has Retired, The Hare Is Still Running (4)
Mr Hare felt he had to keep up with his rising status, and his high income. He bought a bigger house, and a bigger car. He married a beautiful hare who knew how to dress well and make him look good during the company gatherings.
Loan Guru: Disadvantages Of A Home Equity Loan (5)
For instance, a pool may often reduce the market value of the home as not all buyers will want a pool. Renovating a kitchen or bathroom however, is usually a good place to add value to a home.
Loan Guru: Get Rid Of All Your Loans With Debt Consolidation (6)
This facility is also useful for people with a bad credit history. However, these people have to satisfy with a higher rate of interest. So, for a low rate of interest, a person should first make sure that he/she has cleared all his/her previous loans.
Loan Guru: Debt Consolidation Companies (7)
Keywords: loans, mortgage, debt, debt management, consolidation, home equity loan Debt consolidation loans can be a convenient way to reduce a number of bills and turn them into one monthly bill.
Are Credit Cards Killing Your Budget? (8)
Remember that you can't hide from your creditors. It will only make things worse. If you contact them immediately, they will be more likely to work with you to create a payment schedule that is easier for you to follow than if you wait until they've contacted you numerous times trying to get payment.
Property In Romania - Buying Property In Romania (9)
Keywords: property in Romania, property Romania, real estate Romania, Bucharest real estate, business property It is known that the Romanian market is going through an adjustment period because of the tight standards imposed by the European Commission which allows this country to join the European Union as of January 2007.
Consolidation Loans Advised For Those Struggling With Credit Card Costs (10)
He suggested that those people who do not get rid of their cards "never really make any progress" as they may look to fund a summer holiday or spending over the festive period through finance.
Property Repossessions 'Predicted To Grow' (11)
"Where house prices have doubled or tripled in some areas in the last eight years the question that should be asked is whether people's incomes followed suit, or has the house price inflation fuelled this recent increase", he purported.
Loan Guru: Home Equity Investments (12)
There is a latest type of equity loan where in an investor is not required to show any documents related to the income. There are no verifications made but one has to compromise in terms of the loan amount that is calculated.
Loan Guru: Debt Consolidation Can Never Be A Mistake (13)
Many individuals who seek these loans will want to pay back certain credit card loans, as the interest on those will be higher than most loans. The option of debt consolidation will also have to be thought of carefully by the person going in for such a loan.
How To Carry Out A Proper Real Estate Appraisal (14)
Sales comparison approach: The appraiser under this approach estimates a subject market value of the property. It is done by comparing the house to similar properties that have been sold in that area.
Wholesaling- A Good Strategy For Real Estate Investors (15)
It is a source to quick cash as it is possible to turn property around in anywhere from seven days to a month and a half. Even when there is no urgent requirement of liquid cash by a wholesaler, it is a good way to build up cash reserves.
Success In Real Estate Depends On Your Team (16)
.. Supportive friends and family members: Helpful family members and friends offer great support and enable you to earn good fortune in realty business. This multiplies the chances of getting additional clients and strengthens your morale at times when you feel low.
Options Trading 101 (17)
When options expire, they do so on the Saturday following the third Friday of the expiration month that is on the contract. Investors will be hard pressed to find a broker who is available on a Saturday, plus, the US exchanges are closed.
Asheville Real Estate Is A Perfect Choice For Family (18)
The Blue Ridge Mountains are a vacation destination for people from all over the country. Living in the area gives you and your family access to many amazing places to visit and experience, each and every day.
The Art Of Negotiating A Perfect Real Estate Deal (19)
Negotiation is a skill and an art that requires patience and level headed thinking. Real Estate Investing. Discover how to get started, make money, and skyrocket your success.
Make Money In A Down Market Buying Abandoned Houses (20)
If their quote is more than yours, then you can talk about the meeting that you had with the previous tenant with regards to the various repairs needed in the home.