A new report is out and for the fifth consecutive year, student debt has increased. The report by the Project on Student Debt at the Institute for College Access and Success (TICAS) confirmed what many already suspected and officials do not see much relief in sight.
The unemployment rate in October remained unchanged from the previous month at the rate of 5.7%. The official data for November shows that the unemployment rate for November has risen to 5.8%.
In this article, we explore some avenues that could make you laugh your way to the bank. Buying homes in towns that have a city side In times of slow economic growth or worse during a recession, people are more likely to walk to public transportation (train, bus, transit). Having a home in such a […]
Bank of England has reassured that there is no hurry to hike the interest rates in the next year. With the surprising increase in the rate of recovery in the last quarter, BoE governor indicated that an increase in the rate, will have an adverse effect on the consumers and businesses. Threshold of unemployment The […]
The way of celebrating Christmas may be different for different type of people but the common factor for everyone is the hiked spending. By January, most of the people would be worried about credit limit collapse and unpaid bills. How to avoid having January blues? Budget Set a concrete budget that would not eat up […]
By 2014, the online shopping rates will carry GST on overseas buys which is believed to be about $20. The current threshold for GST free transaction is $1000. After discussion with the Treasurer and the state treasurers in Canberra, Mrs Osmond revealed that the state and the federal government have agreed upon this decision.
A study was conducted with 2000 families to compare their estimate of their annual spend for bills including taxes and compared it with the figures obtained by institutes like Ofcom, Ofgem and Ofwat. The result was found that on an average, the households underestimate their annual spending around 500 Euros.
Those with bad credit ratings or who have their name list on a bad credit report often face a major challenge when applying for new finance or seeking refinancing for loans. Sometimes this is due to minor credit issues. While it is not always possible to have one’s name taken off a bad credit report, […]
Recent figures have shown that the record low interest rates have encouraged more people to take out home loans but have not been successful in stimulating the other areas of the economy. According to Janu Chan, an economist at St George, there is a possibility that the Reserve Bank of Australia will decide to reduce […]
People generally don’t bother about changes in tax laws until they are ready to file their returns. However, this approach poses a big risk, especially when it is realized at the last minute that the tax bill could have been considerably lower only if some effort had been put in earlier to understand the implications […]