Today in UK Debt: 15/6/2022

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Misguided Has Misguided Online retailer Misguided has as predicted gone into Administration. Which is not good for anyone….especially if you have returned clothing and are expecting a refund. Not going to happen. You will need to seek other avenues to get your money back. Read on here. Areas of Personal Finance I am a “lest […]

I Invested Money And Am Not Being Paid Back What Can I Do?

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Question I need some advice. I invested a large amount of money into a company and the person I gave the money to is not paying me back as we agreed. What are my options? In fact, they may have committed fraud in what they told me to get me to invest. Jack Answer Jack, […]

Should I Invest In Bitcoin?

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Question Hi Jon, I want to invest in Bitcoin or some other cryptocurrency, but am unsure how to do this. I wonder if you have any advice? Babs Answer Hi Babs, Investing your money can be a tricky question, things like where to invest the money, and with whom, all need to be answered. The […]

Should I Give My Friend Money For Their Business?

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Question I need some advice regarding lending money to a friend of mine. I have known this friend for many years, and they want me to lend them £10,000 so they can expand their business. My questions are, should I get legal advice on this and have things put in writing, and what happens if […]

Investing 101: What Should I Invest My Money In?

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You probably have heard it all before, be smart, make your money work for you. And if you have money to invest, you can make your money work for you. But therein lies the rub, you need money to invest. Investment money is money outside of what you require to live on, it is a […]

Should I Invest in My Frend’s Business?

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Question Jon, I m unsure if you can provide any advice here, but I thought I would ask you. A close friend has asked me to invest in his company. The business is doing well and never closed during the virus lock downs. So it seems like a sound investment. He is asking me to […]