We’ll do anything for a deal!
April 5, 2012 by Jackson Beirne · Leave a Comment
Photo courtesy of flickr user gegeyteaghea
No one respects a frugal act more than a personal finance journalist like me. But even in tough times like these, I had to laugh when I read an article from Money magazine about a 22-year-old college student who bought 30 cans of baby formula on sale, even though there’s not a baby to be found under her roof.
Sadly, her source of inspiration was TLC’s Extreme Couponing, which features folks who clip so many coupons that their basements bulge like stockrooms with mass quantities of stuff. At first, I assumed it was an intervention show, until I realized that the coupon clippers are actually applauded for their penny-pinching ways. Is it just me who expects to see the same faces on A&E’s Hoarders next week? R
Debt information Caution – Keep A Look Out For The Cowboys.
April 5, 2012 by Alexandra Kerr · Leave a Comment
From this, the key part to appraise is your expenditure habits. The right debt information should have been insolvency because after a year obligations would be cleared while their benefits were protected. A different cowboy debt information methodology is to supply a debt control plan when either iva or Insolvency is the best choice. Once a company becomes ruined, it must take fast action to generate money and settle or renegotiate current liabilities. Choosing an iva is a good method of starting bankruptcy proceedings.
Thus , looking for help from executives can help a good deal. If you should happen to feel that they havent explained their charge structure correctly, stroll off. The key to evading cowboy debt information is ensure that you are satisfied with every side of the service that a company is delivering.
Canada digital payments report–intends to upgrade the Canadian Payments Association to meet needs of mobile payments
March 30, 2012 by Jackson Beirne · Leave a Comment
Here are recommendations from the Government of Canada digital Payments report released yesterday. Now the comments in the Federal Budget make sense. The Canadian Payments Association (CPA) was designed in the days of cheques. Time to bring the bureaucracy up to date.
Government must lead the change.
For Canada’s payments system to substantially modernize, changes are required in multiple arenas, from consumer behaviours to accounting solutions, to the very procedures governments rely upon in delivering services. Industry has not implemented change due in part to uncertainty and lack of coordination. Therefore, the Government of Canada should lead the change by undertaking the following actions:
• Implement electronic invoicing and payments (EIP) for all government suppliers and benefit recipients.
• Partner with the private sector to create a mobile ecosystem.
Community National taps ex-State Bank exec
March 29, 2012 by Jackson Beirne · Leave a Comment
Michael Locorriere
Community National Bank has appointed Michael Locorriere to the position of director of municipal banking, becoming the latest bank to bring on board a high-ranking former State Bancorp executive.
Locorriere spent 12 years with State Bank of Long Island, rising to become senior vice president and director of municipal finance.
Football fans seek removal of Wonga ads from club websites
March 25, 2012 by Annabelle Rowan · Leave a Comment
The fans of 18 football clubs have called on their sides to stop carrying advertising by payday lender Wonga on their websites, and are encouraging the supporters of more than 60 other clubs to follow suit.
In a letter published in the Guardian, the football fans argue that while payday lenders are not conducting illegal business, “that is only because there are at present few if any laws restricting their activities in UK. Their practices would not be allowed in most other European countries, or in most of the USA.”
The fans, led by Northampton Town supporter Bob Ward and his grandson Dan, ask their clubs to seek sources of advertising revenue other “than earning money from the dubious activities of Wonga.com”, adding: “If they really wish to advertise short-term loans for their fans in these difficult financial times, then perhaps it would be better to give publicity to their local credit unions.”
Wonga is the highest profile of about 200 firms offering short-term, high cost loans which are the subject of an ongoing investigation by the Office of Fair Trading.