Your Junk is Another Person's GoldWritten by Emmanuel Mendonca
Saving money can be quite hard to do if you are on a tight budget, but all of us can do it very simply by selling things that are cluttering up our homes and which we no longer need. I am fairly sure that most of us, if asked, would like some extra cash to help pay off a loan or other debt, or to put towards something nice like a holiday or something else that you would like to save up for.What Can I Sell to Save? The answer to this question is almost anything. You would be surprised what people are willing to buy if they like one particular thing you own or if they are interested in collecting certain things. Below is a list of things that you might find in your home and could sell, but this is by no means a complete list. Use your imagination and have a good look around cupboard under stairs and garage! You can also have a look on Internet at sites specialising in collectables and memorabilia – these will give you an idea of what people are interested in buying and most importantly for you, how much you can charge. Advertising and packaging – This can be much sought after by collectors if they are in good condition. Certain types are more popular than others for example cigarettes, food and cosmetic products. They do not always necessarily have to be old – I recently sold a tin that contained candies, which I bought about a month ago. I sold it to a woman who paid 10 dollars for it because she was collecting tins from this particular brand of candy and my one had a famous cartoon character on side of it. Autographs – Do have an old autograph hanging around from someone you admired when you were a child? These could bring in anything from around 10 dollars to 7000 dollars if it is from someone really famous and there are few others around. Baby care accessories – these can be incredibly expensive to buy new these days and many first-time parents look for second-hand items that they can pick up at a reduced price. Books – Rare books and first editions can bring in significant sums of money. We’ve all checked our kid’s Harry Potter books to see if they are a first edition haven’t we? Bottles – Yes bottles! Old and rare bottles are extremely collectable and can earn you anything from 5 dollars to 5000 dollars. These could include stoneware beer bottles or 19th Century poison bottles.
| | How to score with creditWritten by Richard Green
With a massive £1.3 trillion of personal debt in UK, obtaining credit and staying financially afloat are daily dilemmas for British consumer. Many major banks, including Lloyds TSB, have recently declared an increase in number of customers experiencing repayment difficulties, with need for better financial advice and support has never been more important. Shadow Chancellor Oliver Letwin said that current levels of personal debt comprise a “time bomb” that poses a threat to as many as 15 million households. To help consumers make informed decisions when taking out personal finance products such as credit cards, loans and insurance, a new breed of financial comparison websites has emerged. Since 1997, consumer websites like Moneynet (http://www.moneynet.co.uk/ ), Moneyfacts (www.moneyfacts.co.uk/), and Moneyextra (www.moneyextra.com/) have provided invaluable information to help choose best financial products. However, what happens when things go wrong and payments cannot be met? The unfortunate borrower gets branded with a bad credit rating and any further loan applications may be turned down, or lenders may charge higher rates of interest if there is a higher risk in default of a loan. To someone already in financial difficulties, increased rates will of course make a bad situation worse. Each lender weighs information contained in a person’s credit file differently. However universal contributing factors include: * Electoral Roll information for a person’s currently registered address. * Payment history for mortgage, credit cards, loans, hire purchase and finance agreements. * Any County Court Judgments. * The complete amount owed and number of credit facilities used. * The number of new credit facilities that have been applied for (both successful and unsuccessful applications). * The type of credit used. * Salary details given on application form.
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