Personal expenditures encompass everything from major, big-ticket buys, like homes and cars, to everyday consumer needs such as clothing and furniture. All told, the spending burden is substantial, challenging household money managers to find adequate resources to cover obligations. Creative personal financiers lean on various strategies in order to keep up with monetary demands. In some consumer sectors, namely home and car sales, buying second-hand is a routine course of action, passing well-built structures and vehicles from person to person. The system is practical and sound … [Read more...]

In the UK, as in the United States, there is a fierce and ongoing battle between passionate advocates of what is sometimes known as the welfare state, and the social Darwinists who believe that nearly everybody should make their own way without Government help. Of course there’s a huge gray area in between those two extremes but nearly everybody has an opinion about the way the Government should or should not be spending money. For their part politicians and Government bodies are continually vowing to cut down on spending and save taxpayers money, whilst at the same time they are often … [Read more...]