While there is no doubt that the basics of good and progressive financial planning does not depend upon the gender of the person, there is no gainsaying that there can be some lifestyle issues and economic concerns that are unique to the fairer sex. According to many socio-economic studies, women tend to earn less than their male counterparts but generally outlive them.

Debt consolidation is a process by which all the loans that you may have can be aggregated into a single one. This is done when you find it very difficult to manage many different debts with varying rates of interest and monthly payment dates. After the debts have been consolidated, you are left with only a single debt and monthly payment to service. While the overall amount of the debt will remain the same, it may be probable that the monthly payment will be lesser than before due to interest rate rationalization and often a longer tenure to pay off the amount. The process is not without its risks and should be undertaken only when you are really in distress managing multiple debts and are ready to practice stringent financial discipline.

I used to struggle managing my money. It requires fingers from both hands – and probably my toes as well – to count the number of financial crises I’ve found myself in. I’ve missed payments of rent, my credit cards, had to pawn jewellery for some quick cash, have tried payday loans – even had a prepayment electricity meter installed in one property a number of years ago because I’d been so bad at managing my energy accounts.

With dates, presents, holidays and weddings being just four of the many headline costs of being in a relationship, it’s no wonder some people think that their partner is more trouble than they’re worth. In fact, a new survey by TotallyMoney.com has shown that 45% of people currently in a relationship feel that they’d be financially better off single – and what’s more, single people more than agree.

A massive 68% of the singles surveyed claimed that they felt a relationship would cost them more money than if they remained alone. And when it comes to the costs at least, it’s easy to see why.

It may seem like an odd way to save money but pre-planning a funeral, whether it is for yourself or a parent could save you and your family thousands of pounds. At the end of the day it will happen to all of us so why not put plans in place that will relieve your family from the additional distress of having to worry about funeral arrangements and costs when the time comes.

This awesome infographic from Luma dropped by my inbox today – and with me being a happy divorcee remarried it made me chuckle.

I wonder if I would ever have set up Moneysavingblog.org if it wasn’t for the ex 🙂

Take a look at the Infographic either by clicking here or over at Luma directly.