How Can I Create My Own Job or Business?
What is the Problem?
This one comes from Michael in Southend, and his question is: “I want to leave the Rat-Race and create a support system for myself, but I don’t know where to start; can you give me some pointers?”
What To Do
You’re not alone Michael! There are hundreds upon thousands of people who share your desire to have a vocation, rather than a job… and let’s not forget, one of the root meanings of the word ‘job’ is persecution; no big...
How Can I Prepare For Constructive Dismissal?
What is the Problem?
This one comes from Joe in Uxbridge, and his question is: “I have a funny feeling that my boss is trying to find grounds to dismiss me. I’m worried about constructive dismissal, what can I do to protect myself?”
What To Do
This is a horrible situation to find yourself in, and it’s not pleasant!
All too often, junior staff members are hung-out-to-dry even when following their line manager’s instructions. Sometimes management chooses to protect...
The "Love" Tax
What is the Problem?
This is a subject which has been raised a few times. Noticing a pattern in the behaviour of Benefits Agency staff, we thought it best to investigate and see what’s going on.
Simply put… being “in-love” can seriously damage your purse strings, and we’re not referring to those gifts, dates, or other expenses associated with courting.
If you're speaking to an employee of HMRC/DWP, then being "in-love" can cost you, especially if you’re in...
Do Banks Actually Loan Money When Making You a "Loan"?
What is the Problem?
This one comes from Colin in Yorkshire, and his question is: “I’ve seen a lot of debate online about Bank loans. Do Banks actually loan anything when they make a loan?”
In order to understand the question and the answer, you are advised to engage in some homework, and learn about the creation of money: Modern Money Mechanics, the Chicago Plan (IMF Website), and the Bank of England Quarterly Bulletin 2014 Quarter 1, Volume 54, No. 1; are good places to...
What’s The Best Way to Read And Understand Acts of Parliament?
What is the Problem?
This one comes from Joyce in Worcester, and her question is: “What is the best way to read and comprehend Act of Parliament?”
What To Do
To read and comprehend an Act of Parliament, you first need to understand what an Act of Parliament is and what it isn’t.
Acts of Parliament start off as Draft Bills, and eventually become Bills proper, which make their way through Parliament.
Acts are written in a form of Legal English (of which there are many).
...
What is Cash?
What is the Problem?
This one comes from Janice in Newcastle, and her question is…
“What is Cash?”
See video for oodles more information…
Your Due Diligence
There are many different definitions of the word ‘Cash’, depending where you look:
For example; a quick search on the “net” produces the following:
- legal tender or coins that can exchanged for goods or services. It can sometimes include the value of assets that can be converted into cash...
I Want a Loan – Where Can I go to Get the Best Deal?
What is the Problem?
This comes from Adrian, in Colchester, Essex:
"I want a loan. Where can I go to get the best deal?"
DON’T DO IT!
Consider whether you really need a loan, and or whether you really need that large purchase. If you can get by without it, great. If you can’t live without the item, save for it, because products, fashions and technologies change over time. Unless it’s an emergency, or for something which is essential, the chances are you will regret doing it;...
Feedback – Mortgage Problems
What is the Problem?
This one comes from a youtube viewer D. Lignell.
'I found this very helpful and informative. I would love to know more about the way mortgages work. I am attempting to get a loan modification and assumed the bank I pay the payment to, was the only party involved. I then learned there is a separate “funder” of the loan who apparently does not like, or have to participate in, the modification process. This is my second go around and so far they seem much...
Why Should I Make a Will?
What is the Problem?
This one comes from Stephen in Dartford, and his question is: “Why should I make a Will?”
Well… Everyone should have a Will.
A Will formally sets out (expresses) your wishes for the distribution of your property and assets, after you have departed this mortal plane.
Your home, savings, insurance policies, investments, and personal possessions are all affected, and together these items comprise your ‘estate’.
In short, if you don’t leave...
My Mortgage Company Won’t Help Me Until I’m 3 Months in Arrears!
What is the Problem?
This one comes from Daniel in Carlisle, and he says:
“I know I’m going to have difficulty with a few months payments on my mortgage, but when I contacted the mortgage company, staff told me they couldn’t agree a payment arrangement until I’m actually 3 months in arrears; is that correct because it seems crazy?”
- The requirement to be three (3) months in arrear, before the Bank will discuss a payment arrangement, is more than likely the...