Image by: Mangpages It’s been so long since we’ve had an economic downturn that people have forgotten recessions are about being fired, losing your home, and companies going under. The mainstream press is instead treating the recession more like a seasonal change in fashion. In a strange echo of the…
Year: 2009
A quick update on Zopa, the UK-based peer-to-peer lender that has been proving its worth for both lenders and borrowers during the credit crunch. As I wrote last month, interest rates had been rising for Zopa lenders, but the spike up in bad debt that I feared might have occurred…
Every week I read a huge number of personal finance and investing articles. I thought you might enjoy a weekly shortcut to the best. First, a quick thought on this week’s money news UK banking bosses past and present were hauled over the coals by MPs this week. Nothing we didn’t…
Don’t dismiss the benefits of earning a few bob from a passive income project. Income generating assets are expensive!
