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house

This category contains 30 posts

interviewing fabulously broke

I’ve been interviewing blogger Fabulously Broke …in the City , a married woman who writes about her personal finance experiences, including fashion and her quest to get out of debt. She has a fascinating living arrangement…
You describe yourself and your husband as ‘modern nomads’, can you explain what you mean.
It’s a term I made up [...]

new flash: northern rock in a cash crunch

Northern Rock has been bailed out by the Bank of England. Apparently, it needed to borrow money from the Bank of England because it couldn’t obtain credit on the market - a ripple effect of the sub-prime crisis in the States.

inflation is good…sometimes

I’ve always thought that the biggest benefit of having a mortgage rather than renting was likely to be in the slow eating away of the value of the mortgage payment by inflation.
Before I bought my new house, I was renting a smaller flat for �375 per month. I estimate that if I had stayed there [...]

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