Personal Finance

The Purpose of Sinking Funds & Why You Should Have Them!

Are you wanting to understand the purpose of sinking funds? – Let me explain… We live in a world of instant gratification. The “buy now; pay later” culture and “expense by credit card” lifestyle, seems to be reigning supreme and with Christmas around the corner, what better than to shop till we drop for our …

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What Happens If You Don’t Pay Back Your Overdraft

Wondering what happens if you don’t pay back your overdraft? Overdrafts are perhaps the simplest form of borrowing money from a bank or financial institution of any kind. However, just because taking out an overdraft is easy doesn’t mean it shouldn’t be carefully considered prior to the decision. In this post, we’ll be discussing the …

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