Earlier this year, Halifax, the UK’s biggest mortgage lender, revealed that housing expenses for a typical British household rose by almost a sixteenth (6%) in 2004/05.
However, the general level of inflation (which measures price changes) is around 2.2% a year, so housing expenses are rising at a much faster rate than the cost of other [...]

“If you fail to plan, you plan to fail” — business proverb
Sadly, until about eight years ago, I’d never done any financial planning in my life.

Back in 1998, I started with a single, simple goal: to rid myself of the massive debts which I’d built up from gambling, overspending and generally squandering money. In total, [...]