What a week for banking! Not only did the Co-operative buy 632 bank branches from Lloyds, but it’s also been a hot topic here on the TotallyMoney site.
Cliff told us how it’s possible to use 0% money transfers to pay off debt, Emma-Lou explained the differences between ethical and traditional banks and Penny walked us through peer-to-peer lending. We’ve also been discussing contactless cards, and on Twitter, contactless cards user Abi Silvester tweeted at us that sometimes using contactless can be difficult: “Shop assistants often look surprised when you attempt to use it or press the wrong button, so you have to start again.”
And while we’re on the topic: what’s the best banking advice you’ve ever received?
This week’s personal finance blogging highlights
Multimillionaire Road explained Current Accounts, throwing in a few facts you probably didn’t know.
We know we mentioned Sterling Effort last week, but we really love this piece about using credit cards effectively so we’re linking to them again.
Money Bulldog told us about his personal experience becoming a dad – and shared some great money saving tips for parents.
Have you brought something to a pawn shop recently in hopes of getting some fast cash? What is Money said that the UK isn’t the only country with more pawn shops- turns out the USA is seeing a similar trend.
Thank you to Credit Sesame and Money Challenge for mentioning us this week!