What exactly is deflation?
Simply: when the overall price level decreases so that inflation rate becomes negative, it is called deflation. It is the opposite of the often-encountered inflation. The cost of living is falling for ...
Tag Archives: income
Help with debt management
Research carried out by Age UK revealed that debt is commonly assumed to be more of a problem for younger people than for those later in life. Traditionally, older people are seen as living within the ...
The struggle of remortgaging at a certain age
It is no secret that in today’s economy, mortgage seekers of all ages and incomes are finding it tough to find a lender that will meet their needs, or indeed, will lend any money to them at all. The c ...
3 in 10 Scots over 60 affected by adult kid dependancy
Almost three in ten Scots (28%) aged over-60, equating to 343,500 people, still have grown-up children relying on them in some way according to research from Age Scotland Enterprises. This underlines ...