If you are considering taking out private medical insurance (PMI), there are a number of factors that you need to consider. In particular, you may wish to find out how private care compares with NHS services in the area that you live. Waiting lists Waiting times are usually considerably shorter if you go private, and… Read more »
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About: penny-golightly
Founding Editor of the eponymous blog, Penny Golightly, this pennywise lady knows how to live the good life for less. If there’s an offer, deal or discount to be found, Penny will find it. In addition to TotallyMoney, Penny has shared her bargain hunting wisdom at Time Out London, lastminute.com, and more.
penny@pennygolightly.com
Mobile phone ID fraud
Most of us couldn’t imagine living without the convenience of a mobile phone. However, their portability and functionality also make them susceptible to fraud, including identity theft. In addition to this, fraudsters have also been using ID theft to illegally obtain expensive smartphones in other people’s names. This type of fraud has increased by almost… Read more »
Where to see the Olympic Closing Ceremony for Free
The closing ceremony for this year’s Olympic games takes place on the 12th of August, starting at 9pm. The audience will be wowed with spectacular backdrops, live music, famous names, and over 4,000 performers. It looks set to be an exciting evening at the Olympic Stadium, but tickets are pricey and in short supply. What… Read more »
Controversy Over Huge Profits at British Gas
At the end of July, it was announced that British Gas had increased its profits by 23% during the first six months of 2012. The total amount of profit stands at £345 million. The residential arm of British Gas put much of the increased profit down to people using more heating in their homes because… Read more »
Practical Home Buying Advice (for Beginners)
First time buyers are still struggling to gain a foothold on the property ladder. Annd many risk over-extending themselves financially. There are many hidden costs when it comes to buying your first home, so it’s important to be aware of them – and to factor them into your calculations. There are all kinds of fees… Read more »
Identity Theft and Fraud
Identity theft continues to rise year on year. According to Crimestoppers, identity crime cost the UK economy £2.7 billion last year, and 7% of British people have been victims of this type of fraud. Stealing a person’s identity is usually done for some type of financial gain. For example: Diverting your money into another account… Read more »
Scams at Cash Machines
UK Police have warned that there may be a rise in cash machine crime around the Olympics, with visitors and tourists being targeted. The Dedicated Cheque and Plastic Crime Unit are aware of a number of scams, and believe that over 90% of these crimes are carried out by members of organised gangs. It’s important… Read more »
Peer-to-Peer Lending: What is it and Who Offers it?
The peer-to-peer, or P2P, lending market is still relatively small in the UK, but it has recently topped £250 million. If you haven’t heard of it before, P2P platforms are places where individuals can lend money to other individuals, or businesses, hoping to make a profit on their lending. What’s in it for a lender?… Read more »
Slush Fund vs Emergency Fund
Most financial experts agree that we should all be trying to create an emergency fund if we don’t already have one. Not everything in life is predictable, and with the economy in its current state it’s a good idea to have an emergency fund to partially offset worries about things like redundancy. An emergency fund… Read more »
How Big Should an Emergency Fund be?
We are forever being told that we should each have a well-stocked emergency fund, and that it should contain a certain amount of money. Well, in an ideal world that’s an excellent idea, but who lives in an ideal world? In the real world, different types of household need different types of emergency fund, and… Read more »

