Prism Bills & Personal Finance
After this is your money and if you won't fight for it you can hardly expect anyone else to do it for you! The best place to start is on the internet. You can quickly find and compare a huge number of banks and loan companies to sniff out the best rate for you. Don't just go to their sites though. Look for some of the magazines and comparison sites they will give you lenders you probably wouldn't have thought of.
If for example you prefer to learn by watching you could invest in DVDs in preference to buying a book. One way which is becoming increasingly popular is to learn by attending seminars. These allow you to raise questions and get them answered by experts. Something that obviously just isn't possible from reading books, watching DVDs or listening to audio CDs.
As with anything else it's vital to understand the rules of the game and how they apply to the position you are planning to take. For example if you don't understand stock market terminology you shouldn't even think of investing. Even with a helpful stock broker it would be foolish to risk your hard earned cash by investing in something you don't fully understand.
Before you do anything else at all, contact the companies you owe the money too. Explain the situation you've found yourself in and ask what they can do to help. Some, not all, but some companies will freeze the interest, especially if you've always had a triple A credit rating in the past. Let take a worst case scenario here and assume your creditors aren't helpful.
The Bull market which had lasted throughout the 1920s had even led one eminent economist, Irving Fisher, to state that "Stock prices have reached what looks like a permanently high plateau." It seemed at the time that everyone in the nation was obsessed with the stock market and share dealing became the "in thing" to do.
The easiest way to remember is to realize they are stated from the brokers point of view. This means that the ask price is the price being asked for by the broker and the bid is what they will bid for any stock you wish to sell. It's all a matter of understanding the lingo! Stocks and shares can be profitable and fascinating but only once you begin understanding the stock market