Glutt.com – Finance & Money matters

It can be a really good idea to pay loans back early if you can. It should mean that you save money as you will not be having to pay interest on it for as long. However, there can be fees associated with paying a loan back early and these can be more than you [...]

A repayment mortgage is one where you monthly repayments are calculated each month. The amount of interest will vary depending on the interest rate but the repayment amount will stay the same. It means that you will pay a small chunk off the mortgage each month and there is no worry about finding the money [...]

An interest only mortgage is good because all you pay back each month is the interest. This means that you are not committed to paying a certain amount of money back each month. However, unless you have good self discipline this may not be a good mortgage for you because you will have to commit [...]

Mortgages have been more difficult to get lately but it is still worth looking at all the options before you take one out. It is good to have a tracker mortgage as this follows the base rate. When interest rates are low, like they are at the moment, you will find that you will be [...]

It is important for children to understand about finance and how things work. It is not something which tends to be taught in schools and so it is up to parents to show a good example in the way that they are coping financially as well as teaching their children how to balance a household [...]