Category Debt
Cash Crunch : How To Get Out of Debt
This post will not apply to most readers…but bad luck / redundancy / business failure can hit anyone…please share this with anyone that you think would benefit from it… One of the big lessons that I learned working in corporate finance and restructuring is that companies do not go bust when they make losses or […]
First things first : get out of debt
“I would like to ask some advice from you. I have recently came into a small windfall of money to the sum of £3K and wondered what best to do with it. Not a lot I know, but for me (on a low salary) its quite a bit. Initially my thoughts were to either: – […]
Mortgages…and the Banker’s Jar
Imagine you are a young guy and you want to buy a house. You go to the Bank to borrow £250,000. After all, everyone else is doing it…how hard can it be? You are 25 and have the rest of your life to pay it back. The bank manager looks at you, checks that you have a job (wearing a […]
The Escape Artist 