Financial News

How to keep personal savings secure during inflation

To keep your private savings intact, the first thing you should do is make sure you have an Isa allowance that beats the current Consumer Price Index (estimated at 3.2 percent in mid July 2010). However, when you have already used up your Isa allowance this is where it can become tricky and many people choose to consult financial advisers.

One possibility is to create a regular savings account. These usually offer high percentage yields but on relatively small More

What makes prepaid credit cards so great?

Prepaid credit cards are excellent for using when you are out and about shopping and they are similar to regular debit and credit cards.

They are issued under Visa Electron, MasterCard, Maestro or Amex badge and can be used all over the world. Credit can be loaded at numerous places such as the post office, a pay zone or online. Prepaid cards typically involve several fees, including an upfront fee which is charged when you start using the card.

Monthly More

The main benefits of using a credit card

Millions of people use credit cards to help make spending easier and more secure.

One of the key benefits of credit cards is that they allow you to purchase protection and safeguard you from dangerous scams. Your credit card insurance should cover any stolen or lost goods, however this varies with different credit cards and some companies offer little or no protection at all.

It is also possible to purchase an item or a service and pay for it at More

The United States Senate passes key financial reforms

New overhauls of US financial regulation have recently been given a seal of approval by the US senate. Mr Obama announced that the new governmental regulation would provide much stronger protection for consumers and that the economic mistakes of the past would not be repeated. Never again would the American people be forced to pay the cost of Wall Street’s catastrophic blunders - the root cause of the economic recession.

The new reforms are an enormous victory for the Obama More