An average of £122 is expected to be spent on children’s back to school essentials this September despite the nation still struggling in the recession.  If you are unable to provide the funds for a new school uniform a payday loan advance could cover the cost until your next pay day.

Nearly half of parents expect to spend more on these items than last year, however 27% plan to cut back on the amount of extracurricular activities they currently pay for according to new research by LV=.

A total of £709 million is predicted to be dished out on school basics including uniforms, stationery, sportswear and winter coats.  Parents living in London will be paying the most for the preparation with each family spending on average £158 per child, £30 more than the nation average.

“It is surprising that many parents are responding to increased money pressure this year by spending more on back to school basics; clearly kids come first despite the downturn,” said Mark Jones, LV= head of protection.

“It’s even more surprising that many parents are spending more despite looking at ways to be frugal and economise, by purchasing from cheaper suppliers such as their local supermarket or eBay.”

Payday Loan Advance

Cost cutting solutions however are predicted to increase with 18% of parents suggesting they may persuade their children to walk to school instead of travel by car, and 16% are considering school dinners if they work out cheaper than packed lunches.

The Cost of a Child study by LV= released earlier this year also showed a parent is likely to shell out more than £201, 000 on raising a child from birth to the age of 21, amounting to £9,610 annually, £800 a month or £26 a day.

Bargain hunters searching the web for special offers are likely to spend as much as 50% more online than the value of the discount, new research reveals. If you are on the look out to bag a deal consider an express payday loan to cover an expensive month.

New research from PayPal found 43million of us constantly look for promotions – an increase of 1.5million from 2009 and an indication of how people are coping in the current economic climate.

A further three in five shoppers have used discount vouchers or codes in the last six months and over half of online browsers look for slashed prices on even the small purchases.

“Online bargain hunters are often the biggest spenders,” commented Cameron McLean, PayPal UK Merchant Services general manager.

“That’s good news for retailers, as they recognise that lower prices can be good for business.  But it’s also great for a new generation of shoppers who expect to get better value for money.”

Women unsurprisingly are the biggest culprits when it comes to bargain hunting with 93% always on the lookout compared to 84% of men.

A massive 18 million British adults were categorised as obsessively looking for bargains using every money-saving tool available, and the 25-44 age group were the most likely to act this way while one in 6 over 65s hardly every do.

“I think most people are looking to make their money go further rather than cutting back,” said Sue Hayward, author and personal finance journalist who contributed to the report.

Londoners and people in the West Midlands are the least thrifty with 13% of them rarely seeking out a deal as opposed to the South West and Wales where 41% of shoppers admit obsessive promotion shopping.

Express Payday Loans

For bagging that bargain or shopping when the prices are low an express payday loan is a suitable short term option to aid cash flow between paydays.  Payday bank offers up to £750 for which there is a £20 charge per £80 borrowed.

Londoners are twice as likely to have an accident with an uninsured driver – car crash victims unable to claim from the offender’s nonexistent cover could take out an internet payday loan for costly repairs.

Regional figures from Motor Insurers’ Bureau (MIB) research showed the Metropolitan area ranked top with 1 in 10 vehicles estimated to be uninsured, with a total of 1.5million out on Britain’s roads.

“More drivers need to buy a policy to cover them on the road,” said MIB Chief Executive Ashton West.

“Even though the number of new claims reported to MIB is reducing, the costs to the industry and ultimately the honest motorist are just too high.”

There has been a 20% reduction in uninsured vehicles in the last four years, although the West Midlands accounts for almost half of the total number of offenders.

“The removal of uninsured vehicles from the road is key to maintaining safer roads and communities,” said Chief Constable Mick Giannasi of Gwent, Association of Chief Police Officers.

Additional research shows even those with car insurance may struggle financially after an accident.  Financial research company Defaqto, showed that if your car is lost or stolen only 23% of policies offer a courtesy car as standard and 49% of policies will not provide a courtesy car at all.

An internet payday loan offers short term cash that you can apply for online and borrow up to £750 with no faxing of paperwork required. They are designed to be paid back quickly, making them ideal for that one-off special purchase or emergency.

Families are facing an average loss of £125,000 of earnings from the five years almost half of UK parents take off after their second child – an instant approval payday loan could cover cash-flow problems within this period.

A huge four out of ten families feel it is not worth both parents working full time after the birth of their second child with the cost of full time childcare amounting on average to £17000 annually, the Aviva COTS research found.

“If a parent gives up work this often means the family needs to tighten its belt financially,” said Louse Colley, Aviva head of protection marketing.

“Children have a huge financial impact on a family – and this can sometimes mean double trouble when a sibling comes along!  This is why protecting the family is so important, perhaps even more so when there are more mouths to feed.”

Following recent budget proposals to remove Child Trust Funds and Health in Pregnancy grants, families may start to struggle more than ever.

Previous research has also found parents are the main source of income for the University cost of their children with a massive 23% of parents prepared to sacrifice their annual holiday to help pay the financial burden of their child’s University fund.

A Fast and Effective Payday Loan

An Instant Approval Payday Loan is a short term cash loan which is available online with no paperwork required.  Up to £750 can be borrowed at any one time, usually deposited in your bank within the next 24 hours.

The nation’s over-50s have reduced their retirement savings by almost £18bn over the last year new figures show and alternatives to taking out savings such as a faxless payday loans are urged.

An astonishing two thirds of the over-50s pin retirement hopes on economic recovery the annual State of Retirement Report from LV= found.

Despite some improvement in equity markets in the last year fewer than 8% had in this same period increased their pension savings, with women feeling the pinch the most with 23% cutting monthly retirement savings by about £4,464 a month.

“Britain’s over-50s have already seen their pension pots damaged by the economic crisis, and now many appear to be diverting still more money away from retirement saving to deal with immediate pressures,” said Ray Chinn, LV= head of pensions.

“These days there are far more financial options available as you reach retirement age, everything from drawing an income while your pension stays invested, to releasing equity from your home.”

Furthermore, 64% are more concerned about their financial future than they were a year ago, this being largely due to growing anxiety over rising food and utility costs and the lower interest rates available on their savings.

Previous research into uses for Payday loans which could prevent savings being drawn includes Payday Loans for DIY costs, cash flow, and car breakdowns.

Faxless Payday loans are short term cash loans – you can apply online and borrow up to £750, with no faxing or paperwork required.

Historically today is the busiest day for shopping as people prepare for their summer holiday break by purchasing travel essentials 10 days in advance. But with the cost of a family holiday increases, find out how short term payday loans can help pay for your family holiday.

The weekend commencing 24^th July is the most popular date to going on holiday, straight after most state schools break up on 23rd and research has found us Brits wait 10 days prior to the flight to stock up on holiday basics.

This important holiday list includes travel money, insurance as well as the usual one-off holiday clothes and sunscreen, not forgetting those all important socks to wear with sandals – sharp!

M&S Travel Money research found an impressive 69% of people buy foreign currency before travelling for those days at theme parks, meals out and general holiday rubbish and 89% claim getting good value on currency is vitally important to them.

James Yerkess, M&S Travel Money Head, said: “It’s encouraging that so many holidaymakers are buying their travel money in advance, as it’s always a good idea to buy before you fly and make the best of competitive exchange rates on the high street.”

There are eight currencies against which sterling has increased in value since 2009, therefore M&S warn shoppers to exchange their currency before their trip as rates in the same company may differ geographically.

More than half of all currency orders will be for Euros M&S predict, one of the eight currencies to have risen since 2009, as Brits head for family holidays in Europe.

Research by Santander Cards also found that family holiday prices rose by up to 75 per cent from mid-July to mid-August, so savings made on exchange rates are well worth the time needed to find the right deal.

Cheap Payday loans are short term cash loans – you can apply online and borrow up to £750, with no faxing or paperwork required.

In the aftermath of the election the rise in tax is a growing concern for many over-50s. But could a guaranteed payday loan could help short term cash needs?

According to Aviva’s quarterly Real Retirement Report the rise in tax is a bigger worry than health issues for over 55’s.

As the dust from the election settles, the UK’s over 55s are anxious about changes to the tax regime and the rising cost of living. This is because their spending, income and assets leave them particularly vulnerable to any change.

The report reveals that just under two thirds of over 55s are worried about an increase in taxes over the next five years. This compares to just 18% who are concerned about the rising cost of living over the same period. The long-term retired are the least concerned about taxes, while the newly retired are the most worried. 

“Many people in this age group are concerned about the rising cost of living due to their relatively fixed income. Therefore, it is vital that they make the most of their pension pots,” comments Clive Bolton, at-retirement director for Aviva Life

Somewhat surprisingly, the over 55s find taxation changes far more worrying than health issues such as the death of their partners, financing care fees  or serious illness.

While tax changes are the primary long term worry for the over 55’s group, over the next six months this group is most concerned about the rising cost of living.

If you are worried about the cost of living and the rise in tax following the election perhaps payday loans could help to temporarily ease the pressure. If you are in employment and earn more than £750 per month you can apply for a payday loan. Payday loans are short term cash loans – you can apply online with no faxing or paperwork required.

Payday loans could provide cash strapped pet owner’s with an invaluable lifeline as it is revealed that vet’s bills have doubled in just three years.

Saga Pet Insurance has identified average vet bills in the UK among the over 50s have increased by 11% since 2008. This is more than double the annual rate of inflation, which has only increased by 5% over the same period. Even more staggering is annual vet fees have increased by 53% since 2007 (from £391) and 101% since 2006 (from £298).

The findings on the increased cost of vet’s bills comes after it was revealed by Sainsbury’s Finance that 56 per cent of vets claim that they have had to put down cats and dogs because their owners could not afford the cost of treating their conditions at some point over the last five years. Read More: Vet’s Bills Increase

Payday Loans for Over 50s in Work

The UK’s over 50s are avid animal lovers with one in five (21%) owning a cat or a dog. However, if you live in the North West and your pet is poorly, you’re more likely to suffer the steepest vet bills in the UK. The average annual bill in this region is £646; 53% more than Northern Ireland and the Channel Islands, the cheapest regions at £421.

For those having trouble paying for vet’s bills if they do not have insurance a one-off hassle free cash loan such as a payday loan could be the answer.

Pay day loans are unsecured short term loans designed to be paid back as quickly as possible. You do not need to fax anything to apply and you can usually get the money paid direct into your bank account within 24 hours. To qualify for a payday loan you must be over 18 and in employment, earning more than £750 each month.