TalkMoneyBlog provides free financial help and information to all our readers on a regularly bases.

As a finance guru I am often asked for tips and advice for someone who has just been made redundant. How should they cope with protecting their finances and their credit report? The spectre of losing your job can be terrifying, especially when vacancies are at a record low. But once the initial shock [...]

The spectre of losing your job can be terrifying, especially when vacancies are at a record low. But once the initial shock has worn off, redundancy can herald a new beginning - a chance to set up your own business, use any pay-off to clear your debts or find a role that gives a better [...]

Unemployment has now risen to 2.38 million in the last three months, the Office for National Statistics reported. Unemployment figures do not indicate the depth of the recession or when we are nearing the end. Businesses are still fighting for their survival and they continue to cut jobs as a way of saving money in [...]

The Money Saving Experts advise us that we are in the midst of probably one of the worst financial year on record. We have seen the meltdown of our financial markets, motor manufacturing, housing and retail markets. These markets are all fighting their way through this recession for their survival and existence. Already some great [...]

If you believe everything in the news these days, it’s almost impossible to get a good deal on credit. Luckily, that’s just not true. If you have a good credit rating, you can still qualify for some great deals - whether you want a card, loan, mortgage or simply the right mobile airtime package. Follow [...]

Does anybody know how to solve the problem?
Billions of pounds have been thrown at our banking industry to save it by the British government, unemployment has risen above two million, saving and mortgage interest rates are at their lowest levels ever, house prices are still tumbling down, inflation is high on food costs at 11.3% [...]

In today’s climate of recession meltdown it is difficult not to scaremonger or upset anyone when analysing the world around us, the consequences to each of us and the impact of the debt our children might one day inherit. Are the changes that have been implemented by the government and the Bank of England really [...]

News Update
The Association of British Insurers (ABI) announced that the number people claiming unemployment had risen sharply from 8,772 in November 2007 to 19,105 in January this year. The effects of this recession are now starting to have a direct impact on ordinary people who are now losing their jobs. Losing your job can be [...]

The Council of Mortgage Lenders says that in 2008 there were 46% fewer first-time buyers than in 2007. Those first-time buyers that did get on the housing market were reported to have put down a 22% deposit on their new home. Estate Agents and Mortgage brokers would like to forget 2008 as it was probably [...]

Tougher times are expected for small and medium sized business. Business failures are expected to rise by a staggering 50% which means that failed businesses could peak around 32,400 in 2010; this would be the highest level recorded since 1992. The Federation of small businesses said that they had recorded a dramatic increase of 214% [...]