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>> No. 7422 Anonymous
11th November 2018
Sunday 3:26 pm
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It's time for me to switch energy providers as has sadly become necessary every 12 months. The price comparison sites recommend this new outfit Powershop, backed by nPower. Their bog standard tariff is quite competitive but they have a gimmick contract where you have a slightly higher standard tariff as a fall back, but you can supposedly save hundreds of pounds a year by buying discounted 'Powerpacks' of energy through their app. What's the idea? Is it simply they offer you a discount for buying in advance, is that literally all it is? Does anyone have any experience with this kind of thing? Is it worth the faff? Probably not I bet.
2 posts omitted. Expand all images.
>> No. 7425 Anonymous
12th November 2018
Monday 12:09 am
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I feel bad because I have never actually switched anything like this, and I really should. I pay a couple of grand a year for power/gas.
>> No. 7426 Anonymous
12th November 2018
Monday 1:55 am
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>> No. 7427 Anonymous
12th November 2018
Monday 5:38 pm
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Jesus. You're pissing money away.
>> No. 7428 Anonymous
12th November 2018
Monday 6:01 pm
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You should switch provider as often as possible tbh.

>> No. 7429 Anonymous
12th November 2018
Monday 6:02 pm
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I would recommend www.reddit.com/r/ukpersonalfinance

They are very helpful.

>> No. 7057 Anonymous
18th July 2017
Tuesday 3:32 pm
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A friend of a friend who stayed with me for a while but has now left somehow accidentally got a credit card he ordered sent to my address.

Is it okay to hand it over to him or does this sound like it might be some sort of fraud where I'd be accountable for the debt?
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>> No. 7416 Anonymous
30th October 2018
Tuesday 12:42 pm
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I don't understand this - if the mail is being returned to sender then someone is obviously using the property in order to receive it, so why would they delist it?
>> No. 7417 Anonymous
30th October 2018
Tuesday 3:22 pm
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n1 m8 bailiff won no wot it im
>> No. 7418 Anonymous
30th October 2018
Tuesday 5:58 pm
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Do you have anything to add to the conversation?
>> No. 7419 Anonymous
30th October 2018
Tuesday 7:17 pm
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He's evidently added more than you have. Now piss off trying to start yet another cunt-off.
>> No. 7420 Anonymous
30th October 2018
Tuesday 9:21 pm
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I'll take that as a no then.

canal boat.jpg
>> No. 7379 Anonymous
24th August 2018
Friday 8:38 pm
7379 'Alternative' living
What are your options in the UK if you don't want to pay rent to a landlord and you don't want to pay off a mortgage until you're 60? Let''s assume you have access to mobile internet and a way to make a very modest living from home.

This thread is inspired by me seeing an ad for a canal boat for 18k. It's smaller than a studio flat but it's cosy enough and has all the basic amenities. Apparently you can avoid paying any sort of mooring fees by moving along the canal every two weeks, essentially being a kind of canal gypsy. People often say that a boat is a hole in the water into which you throw money, but how true is that for canal boats? Seems like there'd be far less maintenance for a boat lazily cruising along freshwater canals.

I would quite happily buy some cheap land and live in a caravan or yurt or build a log cabin, but it seems like local councils and planning permissions would get in the way. What's the cheapest sort of house you could build that would get approval?
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>> No. 7382 Anonymous
25th August 2018
Saturday 7:58 am
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It's probably obvious, but you'll need a friend or family member who you can use as a fixed address.
PO boxes aren't accepted by a lot of organisations such as the DVLA.
>> No. 7383 Anonymous
25th August 2018
Saturday 9:50 am
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Are old buses cheaper to maintain than boats? Maintenance on my not-so-old 7.5t van was hard to DIY because of the scale, and parts were cripplingly expensive. Getting it towed to a repair place will bankrupt you.
Not saying boat maintenance is cheap, and anything that needs hauling out is going to need saving up for. I think that there are probably fewer critical systems on a canal boat, though.
>> No. 7384 Anonymous
25th August 2018
Saturday 10:08 am
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I don't think you'd need to maintain it in that sense. It'd be effectively using it like a static caravan.
>> No. 7385 Anonymous
25th August 2018
Saturday 11:33 am
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Like a lot of people I don't relish the idea of taking out massive mortgages or giving away 2/3 of what I earn to rent.

A quick search on the OP's idea revealed the following helpful article: https://uk.boats.com/boat-buyers-guide/living-on-a-boat/#.W4Eq3s4zqUk

There's a Residential Boat Owner's Association (RBOA), too: https://www.rboa.org.uk/living-afloat/

Guides variously use terms like 'liveaboard' or 'living afloat' to describe the strategy. The RBOA have a book on the subject here: https://www.amazon.co.uk/Living-Afloat-C-Valerie-Lee/dp/0953246523
>> No. 7386 Anonymous
28th August 2018
Tuesday 6:31 pm
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A boat can be a fine idea, but it isn't for everyone.

>Apparently you can avoid paying any sort of mooring fees by moving along the canal every two weeks
This is true, however you're not likely to get away with simply moving 10 minutes along the towpath. I know that in (or near) London especially the CRT are quite hot on checking people out and that 'continuous cruisers' must move a couple of miles at least, and the same again after 2 weeks. So you can't go backwards and forwards between two places. They may be more lenient elsewhere, but I expect that around other built up areas it's the same story.


My advice would be if you're thinking of moving on to the canal then you should spend some time on a boat. Maybe start walking along the canal and speak to people on the boats - they're (usually) pretty friendly folk. Sometimes people will rent out their boats for a while if they're going away or something like that.

When I said it's not for everyone I mean that you have to be prepared to take the rough with the smooth. When you're moving your boat in the pissing rain with nobody to help you through the locks, then you've got to ride your bike back to your car and put your bike in the car, drive to the petrol garage and pick up a few bags of coal because you ran out in the middle of the night, then you've got to try and park near to where you moored up but the nearest bridge is half a mile from your boat, then you've got to trudge along the towpath with your coal in your wheelbarrow, then you remember your shitter's full and you forgot to empty it when you filled up your water tank, etc. Can be quite long, but if you're organised and/or not so bothered by that sort of thing then happy days await.

They can definitely be a money sink, so do some research before you go dropping thousands of pounds on a boat because it's cheaper than a house or flat. I would say it's worth looking at boats moored at non-residential marinas, they're likely to have been owned by old couples who used them rarely and kept them in good nick.

>> No. 7353 Anonymous
25th July 2018
Wednesday 9:10 am
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With Brexit looming, I predict the pound will plummet in value, when the day comes.

Would it be wise to put my savings into gold bullion?
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>> No. 7369 Anonymous
25th July 2018
Wednesday 7:05 pm
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No, I would ask why I thought it necessary to send money to Bulgaria and why this is a perk.
>> No. 7370 Anonymous
25th July 2018
Wednesday 7:08 pm
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Why do people in London and Aberdeen "send money" to every other city in Britain?
>> No. 7371 Anonymous
25th July 2018
Wednesday 7:12 pm
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In a transactional sense there are costs and benefits - mutually beneficial ones. If it's not beneficial it's not a perk.

> The other EU members (and a long list of would-be members) seem to think that's a fair deal.

Why the fuck am I supposed to care.

>A lot of leavers seem to want the main benefit of being in that club (barrier-free trade with 27 other countries), but they don't want to pay their dues and want to pick and choose from the rules.

Yes, it'd be great.

>If the EU offers Britain a bespoke deal with most of the benefits but much lower costs, the union will disintegrate.

Because it'd be a realisation that the costs needn't be costs at all, and that you can offer all the benefits without the costs.
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>> No. 7372 Anonymous
25th July 2018
Wednesday 7:12 pm
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Because they are made to under threat of violence.
>> No. 7373 Anonymous
25th July 2018
Wednesday 7:51 pm
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>> No. 7338 Anonymous
17th July 2018
Tuesday 9:19 am
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Every financial book or blog I come across seems to be either targeted at Americans, blatantly obvious (i.e. "pay down your debt and don't spend all your money on takeaway"), crammed with irrelevant lifestyle chat, or full of wishy-washy stuff about mindset and other 'motivational'/self-help style claptrap.

What can I read that will give me an up-to-date and concrete idea of what I should do with my money in the UK?

I've attached the Reddit guidance from their UK personal finance page, which is a home start, but doesn't really cover many options or go into the reasons behind each step.
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>> No. 7348 Anonymous
18th July 2018
Wednesday 7:39 am
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Define what 'best possible financial position' means to you. What are you wanting to do with this money? How much are you prepared to commit to this? What sacrifices can you make? What are you prepared to compromise on if you have conflicting goals?
>> No. 7349 Anonymous
18th July 2018
Wednesday 8:26 am
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>>7348 and what kind of money-obsessed person do you want to be during and after this exercise? If whatever you make won't be enough, what's the point?
>> No. 7350 Anonymous
18th July 2018
Wednesday 9:09 am
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Personal finance is about how best to structure your affairs and what changes to make in order to achieve your goals. You seem to be suggesting the point of it is to make the number the biggerest. Whilst is may be, that seems a silly aim to me.
>> No. 7351 Anonymous
18th July 2018
Wednesday 10:04 am
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After giving this some thought, I'd say my main financial goals are mainly about independence. You'll have to forgive me here because I don't know how realistic these goals are, given the career path I've chosen. I'll just say what I want in an ideal situation.

Let's say I want to be able to purchase somewhere to live without taking out a mortgage, or being tied to a mortgage for the minimum time possible. Let's give it a figure of £250,000.

Second, I'd like enough passive income to be able to survive off it if I need to (this is dependant on expenses, I know). It would bring me a lot of security, though, to know I had money coming in based off investments or property or royalties or whatever else.

In terms of sacrifices, as in the previous post I have comfortably(ish) worked 60+ hour weeks in the past. I basically live like a monk, cheap meals prepared in bulk, currently live with family, minimal spending. My most lavish expense right now is probably a nice gym membership. I would be willing to put a substantial part of what I earn back into investments with moderate risk.

For the last question it might be easier to say what I'm not willing to compromise. My health -- it sounds obvious but I'd prefer not to take on so much that it makes me sick (I've managed to stay healthy with huge workloads in the past, but there is obviously a point at which it would become too much, e.g. getting 5 hours sleep per night). I'm also committed to my career path in health, and I wouldn't want to stray far from that. I know myself well enough to say I couldn't hack being a FOREX trader or something for a sustained period of time, even if it meant making lots of cash.
>> No. 7352 Anonymous
18th July 2018
Wednesday 8:03 pm
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Firstly, if you want to own a home, you need to look at making use of the Help to Buy and Lifetime ISAs to help boost your deposit. The easiest way to build up a deposit is to start a regular saver; this gets you into the habit of saving and you'll learn not to miss the money if it goes out on pay day as you never really have it.

The £250,000 figure you mentioned seems pulled out of the air. Have a good think about where you'd like to live and the type of property you'd like to live in and see how much they cost. Set yourself a realistic target.

Once you have a target deposit in mind you can plan how long it should take for you to achieve it. If it's fewer than five years then place any Lifetime ISA monies in cash; if it's greater than this then look to invest. Five years is generally the minimum investment term.

When it comes to getting a mortgage go and see a proper broker. They'll have deals only available via intermediaries and it's likely not to cost you anything as they'll get paid a proc fee by the lender. There's an overpayment calculator on the Money Saving Expert website which you can use to determine whether it's worthwhile to overpay the mortgage or to invest monies elsewhere.

When it comes to a passive income you've got to appreciate it is highly unlikely to be guaranteed. ~15 years ago many pensioners would supplement their retirement income by putting cash in fixed term accounts which paid low double figure rates of interest. Then the financial crisis happened and when their savings accounts matured they found they couldn't find anything yielding anywhere near the same levels. With dividends you'll have to accept that either your income can go down or you'll have to erode the capital if you want to maintain a target level of income.

>> No. 7144 Anonymous
15th September 2017
Friday 5:31 pm
7144 spacer
If I have a decent amounts of USD sitting in a paypal account (roughly 2000), with the pound going back up, would it be the best for me to convert it all now?
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>> No. 7147 Anonymous
15th September 2017
Friday 7:23 pm
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>> No. 7245 Anonymous
12th January 2018
Friday 5:03 pm
7245 spacer
http://www.bbc.co.uk/news/business-42661361 Looks like I was right to convert when I did.
>> No. 7246 Anonymous
12th January 2018
Friday 7:18 pm
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Well you didn't convert it because you knew that was going to happen - did you?

Timing conversions like this is pretty much just gambling. Unless you are George Soros then you likely have no idea where exchange rates will go next (past performance is not a guide to future performance).
>> No. 7247 Anonymous
12th January 2018
Friday 7:20 pm
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Would've made fuck all difference.
>> No. 7248 Anonymous
12th January 2018
Friday 7:21 pm
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Would've made fuck all difference.

>> No. 7208 Anonymous
17th December 2017
Sunday 1:00 am
7208 Loved this diagram
I think it puts into perspective some of the furore around bitcoin.
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>> No. 7216 Anonymous
17th December 2017
Sunday 7:05 pm
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Lean away from the screen.
>> No. 7217 Anonymous
17th December 2017
Sunday 7:08 pm
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marple is getting old and his eyes aren't what they were.
>> No. 7218 Anonymous
17th December 2017
Sunday 7:40 pm
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It is an optical illusion, they look fine to me.
>> No. 7219 Anonymous
17th December 2017
Sunday 8:03 pm
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They used to be about 400x400 but now they're up to twice that.
>> No. 7220 Anonymous
17th December 2017
Sunday 8:09 pm
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They're getting smaller. I think we'll be okay.

>> No. 7182 Anonymous
2nd October 2017
Monday 3:57 pm
7182 Personal development/study options going forward
Hullo britfa.gs been a while. I would be grateful for your bright ideas on how to get ahead in life and career. This is a bit /job/ and /uni/ too but fundamentally it all comes down to investing in myself so thought this board is the most relevant.

I've just finished my 3 year 'graduate programme' with my current employer and I think I have it in me to be good at all this business malarky - I have done stints in the marketing/communications and business development bits of the business and some other bits. However I studied an arts degree and training/development at my current firm is a joke. I want to go back to some kind of school and spend a while getting a firmer grip on how to be a productive manager and general 'doer' at work. I am envious of a housemate who did a full on financial management bachelors, who's now working his way up in a technology firm doing his CIMA.

Going back to uni and doing a Bachelors would seem way too OTT, so I looked at MBA programmes, particularly in the Netherlands (cheap fees and tuition is in English). However, those require you to have a relevant Bachelors, and good practice in statistics/analysis, which I don't. I would be happy to shell out for a short course, even something online, which could help.

I have about £11,000 in savings and legacies from deceased relatives that I can invest in my personal development. If I were to do a full time qualification I'd work part time to help pay bills. With something less full on I'd stick it out with my current employer.

Starting to feel a bit trapped here. Could any of you offer some tips on what kind of services I could turn to for advice, or what you would do in my situation?

Cheers lads.
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>> No. 7183 Anonymous
2nd October 2017
Monday 4:41 pm
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You don't need another degree. After a few years in the workplace professional experience/qualifications count for far more than a degree.

You don't need to do a finance degree in order to work in a finance department and study to be a chartered accountant via CIMA.

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>> No. 7024 Anonymous
14th June 2017
Wednesday 2:18 am
7024 Should people with less than perfect language skills be trusted?
I can't quite come up with a satisfying answer to this. On the one hand, you'd expect someone you're potentially employing to carry out skilled work to at least be able to throw together a grammatically correct and properly spelled sentence in an email. On the other hand, a lot of skilled tradesmen and craftsmen, especially in niche fields, seem to be terrible at email but personable in real life, and their trade skills can make up for their poor communication skills. On yet another hand, can you really trust someone to carry out a job requiring attention to detail if they don't have the attention to detail to ensure their grammar and spelling are correct in their emails and letters to you?
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>> No. 7139 Anonymous
30th August 2017
Wednesday 11:19 pm
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>>7136 This is now getting off topic. Yes I want a nurse or whatever to document correctly, but as for whether they talk proper or can construct beautiful written pros is entirely redundant as to whether they are trust worthy or good at their job. I know shit doctors who can write a great letter and I know great doctors who write shit letters and I know which ones I prefer to work with.
>> No. 7140 Anonymous
31st August 2017
Thursday 12:52 am
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The one that writes great letters?
>> No. 7141 Anonymous
31st August 2017
Thursday 9:05 pm
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I think we've simply answered the question by now frankly. Depends on the job.

They don't have to be William Shakespeare, but I think the capability of at least a certain level of attention to detail and clarity is absolutely neccesarry in certain jobs.

I wouldn't expect grammatical competence from a bricklayer, unless he somehow misplaces his decimal place and accidently orders half a brick instead of 500.

Neither of these have much bearing specifically on how far I'd trust them or rate their competency; that's boiling it down far too much.
>> No. 7142 Anonymous
31st August 2017
Thursday 11:48 pm
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I used to collaborate in several past jobs with teams in Bangalore, the top tier investment bank was fine, they had clear diction. But the other company was just awful, I understood maybe 50% of what was said and had to piece it together. I had to find ways to get everything in emails because otherwise the ambiguity made my job undoable.
>> No. 7143 Anonymous
1st September 2017
Friday 2:40 am
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The number of international video/conference calls I'll been on where I've basically just zoned out and asked everyone to confirm all the action points via circular email is probably very close to 100%.

>> No. 7123 Anonymous
11th August 2017
Friday 2:20 pm
7123 UTF8 should be back
Which means the URL of this board should contain the right characters. Sorry about that chaps. Its working fine on the limited number of browsers I can test with, but please report in.
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>> No. 7124 Anonymous
11th August 2017
Friday 3:02 pm
7124 spacer
good stuff

>> No. 7091 Anonymous
27th July 2017
Thursday 7:42 am
7091 Tales of frugal regret.
Any good stories relating to when you/they should have just forked out that little bit extra?
20 posts omitted. Expand all images.
>> No. 7114 Anonymous
30th July 2017
Sunday 5:05 pm
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That's really not the case. Not that it matters, since it doesn't really impact on the cost. Spare parts and repairs don't magically cost more at MOT time. The tyres and brake pads won't be cheaper to fix earlier or more expensive to fix later. In the past, I've had to get £200 worth of welding done to get a 10yo through the MOT. No "anticipation" possible there.
>> No. 7115 Anonymous
30th July 2017
Sunday 5:23 pm
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>>7113 Well, yeah. I anticipated _something_ going wrong with my 140Kmile Astra. Changing everything that could possibly go wrong, though, would have been insanity. Suddenly, the wretched thing goes into spanner mode on first acceleration, and it ignores the throttle from then on - just sits at (smooth, healthy sounding, happy but powerless) idle. Toss. Can't even get it to admit error codes but pressing pedals before turning the key. Double-toss. Can't limp it to the garage on a 700rpm idle. Triple-toss.
>> No. 7116 Anonymous
30th July 2017
Sunday 6:37 pm
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Any whistling noises or air blowing from the engine? My first guess would be head gasket trouble. Though if your ECU was detecting that and putting it in limp mode it'd almost certainly be throwing up a code.
>> No. 7117 Anonymous
30th July 2017
Sunday 8:26 pm
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>>7116 Interwebz suggests MAF sensor, EGR clogged or turbo bollocksed.
There has been a light whistling noise on boost sometimes. I've been driving very gently for teh last month, trying to get 600 miles out of each tank, so I may have killed it by not ragging it - would be annoying if so.
Coolant is pristine-clean, and oil is normal-mucky, no sign of the two mixing. Head gasket would seem unlikely.
Anyway, not yet sure if I regret my purchase.
>> No. 7118 Anonymous
30th July 2017
Sunday 9:05 pm
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Even if you don't care about fixing it, it's always handy to have one of those bluetooth OBD sensors on hand. You can get a knockoff Chinese one for a fiver off ebay, and use it with Torque app on your phone to read the error codes.

>> No. 6744 Anonymous
8th December 2016
Thursday 11:54 pm
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Lads who started their own businesses, could you give me a walk-through of some the things you did to make it? From the idea, to the settled daily grind and money making part?
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>> No. 6872 Anonymous
1st February 2017
Wednesday 9:15 am
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Currently trying to partner with an oil & gas company through accelerator programmes so I wouldn't have to worry about that among couple other things. Every bloody thing is regulated in this industry.
>> No. 6873 Anonymous
1st February 2017
Wednesday 10:15 am
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If only they would let you make money with no restrictions. It's not like anything disastrous has ever happened on an oil rig.
>> No. 6874 Anonymous
1st February 2017
Wednesday 8:01 pm
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If its going to be in open air or in a hazardous area on the rig then it will probably fall under the DSEAR regs and a significant source of ballache later down the line.

Completely off topic, but I can offer some pointers if you'd like.
>> No. 7055 Anonymous
18th July 2017
Tuesday 12:47 pm
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This is probably relevant to this thread... How do I find a good accountant? Pick a reasonably priced one from google results and hope it works out?
>> No. 7056 Anonymous
18th July 2017
Tuesday 2:54 pm
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Personal recommendation. If you don't know any local businesspeople, get in touch with your local Chamber of Commerce. They will run free or cheap business networking and training events.


>> No. 7026 Anonymous
22nd June 2017
Thursday 2:50 pm
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Hello .gs,

I'm not sure if this is /emo/, /£$€¥/ or /job/ but I'm throwing my lot in here.

I've just moved into a situation for the first time in my life where I'll be able to make a start at making savings. I've just finished up with the university student life, and I've been lucky enough to land a job that pays a a pretty high salary (18.5k take-home, not including overtime). It's a job I can do well, and I can see myself putting at least 5 years into it.

The trouble is, I have no idea where to start when it comes to savings beyond immediately getting out of the student overdraft. I have no credit card debt or any other kind of debt beyond the overdraft, into which I am about 1.5k deep.

I don't know anything about investing and I don't expect to learn anything in-depth about it from an imageboard - instead I'm looking for anecdotal advice, stuff that's worked personally for people.


I have about ~£150-200 a week that I can save/invest after I clear my overdraft. What should I do with it?

Message too long. Click here to view the full text.
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>> No. 7050 Anonymous
26th June 2017
Monday 7:03 pm
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You're clearly not as middle class as you think.

What's wrong with Sandra?
>> No. 7051 Anonymous
26th June 2017
Monday 10:11 pm
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She won't stop sending me baby pictures I mean they're not even her babies I don't understand.
>> No. 7052 Anonymous
29th June 2017
Thursday 12:17 pm
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What's that supposed to mean? I though inherited wealth and education made me middle class, not being an entitled cunt about it.
>> No. 7053 Anonymous
29th June 2017
Thursday 5:11 pm
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If a dog is born in a stable it doesn't make it a horse. Money doesn't give you class, you filthy new money scum.
>> No. 7054 Anonymous
30th June 2017
Friday 3:13 am
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Going out and grafting hard to earn a bit of butty is what it's all about.
Nobody is entitled to anything apart from those that can't work for their butty.
Anyone taking a butty will be shot.

>> No. 7013 Anonymous
12th June 2017
Monday 11:36 am
7013 Lifetime ISA
These a good idea, boys?

The basics:
>18-39 to open one
>pay in anything upto £4k per tax year
>25% hmrc top up on payments in that year each april
>can pay in every year up to 50 years old
>can only withdraw the money with no penalty for a first time property buy or upon turning 60 years old
>25% penalty for withdrawing at any other time for any other purpose, effectively a 6.25% penalty on what you initially paid in
>counts towards your overall £20k a year isa allowance

I've been toying with the idea of starting to save seriously for buying a house but I've been unconvinced that it's the best investment for me. However, this makes it seem like it may be the best option now. I've got £4k to stick in one right now then I should be able to put £1-2k a year for the next few years too which should get me a decent deposit. I'm highly unlikely to need to take the money out for any reason so the penalties don't concern me, and even if I do the penalty is manageable.
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>> No. 7018 Anonymous
12th June 2017
Monday 7:20 pm
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Is there any reason to be concerned about the lack of providers? I've been looking at the Skipton product, I can't conceive of any reason to not go for it. I think they offer a 0.5% interest rate if I remember rightly, which is mostly irrelevant because the only reason anyone is doing it is for the government bonus. From what I understand, if I invest with Skipton, then more providers offer the Lifetime ISA in future, then I can freely transfer my balance with no penalty to another Lifetime ISA.
>> No. 7019 Anonymous
13th June 2017
Tuesday 5:37 pm
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If the take up rate is low then they're more likely to be pulled, be that by the FCA, the government or providers themselves.
>> No. 7020 Anonymous
13th June 2017
Tuesday 5:48 pm
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What would happen to my investments in that instance?
>> No. 7021 Anonymous
13th June 2017
Tuesday 5:50 pm
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You would lose 6% of it.
>> No. 7022 Anonymous
13th June 2017
Tuesday 6:43 pm
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I imagine they'd either let existing investors continue or stop them from contributing in future years but with everything built up so far preserved.

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