Faster than jobs?!

I've mentioned the reason in a reply up above. They had their own business, it went to hell and they both went bankrupt. They're not allowed bank accounts apparently.

Is it illegal to open a bank account in my name and let them have it to put money into/take money out of, so they have no excuse to use my money?

So you are suggesting me that it should be ok to spend within 1000 pounds for rent? I would like for my first year to go in a student hall for postgraduates, like gradpad, because bills are included and I think it could be a great idea to start there..

Interim bump

You can apply for student finance without a bank account and just update the details after, I'm the same :)


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Don't you have to be 25 to claim tax credits?

I don't think there's much you can do tbh.


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So, I'll be 16 when i go to Africa - Mozambique in August.

I need to raise £1500 to go.


I'm going with an organisation and we're going to visit the orphanages, the townships, schools, churches and more; We purely want to help people there and just get a bit of realisation of what life really can be like!

Any ideas of how i can raise the money to go?


Pleaaaase!

I have no idea if this will make sense, but hey;

In a business transaction, in which a large amount of cash will be given, how are you able to tell if its real or not? If I gave it to a bank to put into my account, would they be able to check if its real or not at the time, or would they put it straight through. Similarly, if I put money through the machines, would it pick up notes as fake?

I'm not planning on dealing with fake money, but I'm worried about being given counterfeit money as (this is theoretically btw) I wouldn't be using an agency to protect myself against this, and I don't want to be scammed, or arrested on suspicion of trying to circulate fake money. Advice would be nice please xX

Oh right, is that all? I guess I can manage that!

They changed it recently so it's valid for 12 months from the date of purchase. They received a lot of complaints from people being asked to pay full price for less than a year's membership so they changed it.

2k a month, whaaat?!

I have literally NO clue about how much utilities are going to cost me when I start Uni this September. Because of this I've been looking to rent all inclusive properties, only my ignorance on the subject has led me to wonder whether I'm actually saving money or paying extra for convenience?
Looking for all inclusive also really narrows my choices. I think I should have maybe already sorted accommodation by now but time's gone so quick! I only decided to apply to Uni in January and I feel totally out of my depth and stressed about moving. Trying to figure out what i can afford is draining me... Also does anybody have any idea if properties that are available in July can be rented on a September to September contract??
:(:S:o

That's expensive for that, you may want to look into how much your over paying for that account

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i've always made it with water and put milk on top, i don't know any different.

Hi Anazoth,

Can I jump in and ask a couple of quesrions?


which products should I go for? I'm thinking of investing less than £1k to see what the returns would be. Also what quantities would be the norm for a trial run?

i have researched some products on Alibaba and Aliexpress and found similar prices on eBay. I.e. no margins to be made if china is selling directly to the end customer.


thanks for any tips or advice.

Were to start ! I do already sell bits on eBay
i want to go a bit further thou as I think sell on the net is the way forward not sure what to sell thou.
any help / ideas :)

Hi,
I've been on JSA for 3 months now (with a break of 1 month) and on Housing benefit since 2 weeks.

I've just got accepted for a graduate job starting mid-June, so I'll have to cancel my JSA and contact the Council regarding the housing benefit.

It says on the council website that you could still get housing benefits even if you've got a job but the 2 conditions are:

1-Savings less than £6K, which is clearly the case, I've got none:D

2-A low income.


So my question is, how do they determine a low income? it's very vague and London rents are insane, so I won't be able to pay my current rent on my own. That's why I need to see if I can get help.

Thanks for any info guys!

I have in total:
HSBC
Barclays
Santander
Natwest
RBS
Co-operative bank
Metro bank
Halifax
Lloyds TSB
Nationwide

and 1 cash isa with Virgin Money

For you DLA no longer exists. No new applications are being accepted for it. You will be assessed for its replacement the personal independence payment. Look it up on YouGov for how it works.

if your pin is blocked, your old pin will not work, only your new pin when it comes

In the UK, you can still get share certificates (for free) if the shares are in your name rather than in the broker's name :p . It costs around £20 to buy shares in your own name, but it means the shares are yours, and you don't need to pay monthly fees to the broker any more. You can even sell your shares on directly without commission (if you can personally find somebody to buy them off you).

I'm not too keen in day-trading, trying to make money etc - it's more of a casino environment. I'd prefer to just buy a share or two, keep them for a few years, and thus be part of a company as it rises (or falls). It's not about the money, it's about the experience, I'd say. :U

And penny stocks... why bother when proper companies like M&S are just a fiver? ;)

What bank accounts?In what country?

Maybe I should be minding my own business, but the gambling industry is fully aware of people doing this, and they don't seem to mind: (quote from the Telegraph - copy it into google if you like)

Graham Sharpe, from William Hill, says the industry does not have a problem with matched betting. "There's no illegal element," he says. "It's a free bet and you can do what you like."

I think some percentage of people trying this - as with free bets in general - are going to end up getting addicted, regardless of how much self-discipline they think they have. If the average free bet is 25£ (so your matched betting profit is likewise £25) and the average gambling addict loses hundreds or thousands of pounds, then you can see why the industry doesn't mind this happening.

This is a marketing scheme like any other, and they are fully aware of what people will do. Just like a five-year-old who thinks he managed to get a free balloon out of McDonalds, when in fact all they're doing is giving McDonalds free advertising.

I came up with the matched betting idea myself a while back, before I saw all this hype on the web, and I did the maths and everything and worked out how to consistently win using these bets. But the reason I decided against it was that the risk is too high - even a 1 in 20 chance of ending up as a gambling addict is far too high in my opinion, since the free bet is only £20 or so but the losses of a gambling addict will climb into the thousands of pounds.

I was going to write about the maths that I had worked out, but frankly, I think it would do more harm than good. I hope that those parading this matched betting will have a little think and understand.

Since April 2013, £300, this was because of over time though. The thing is she said she would sort it out then kind of left without warning and I am now on my third manager and I haven't even been at this place for a year yet. Thanks for the advice though.

I just turned 18 and I want to know how I can go about starting to build my credit?

All I have right now is a bank account with HSBC (lol)

All responses are much appreciated.

Apologies for the essay long post; thank you if you take the time to read through it.

I’m 21 and have been working full time on and off (but usually on) since I left sixth form. I decided to apply to university at the last minute this year and amazingly got myself a place to study what I hope will lead me into a lifelong career. Despite being ecstatic and desperate to get started, I have this huge worry looming over me.

Money. I’ve always been concerned about it. My ideal is that by the time I’m in my late 20’s I would like to have had enough money for my perfect wedding, and have bought a flat/house. So I started a thread a couple of weeks ago asking the lovely people of TSR, at the age of 22 how much in savings they will or would realistically like to have; to figure out whether the amount I’ll have before starting my course in September was a good amount or not. Quite a few people said they would only just be finishing uni so would have very little or nothing at all, but those that mentioned they had been working prior to this age were looking to have £15,000 - £20,000 saved. Sadly, I wasn’t planning on having anywhere near as much as this saved, more like around £7,000. My course isn’t one that is going to allow me to work very much, if at all; so it’s not as if I can continue saving throughout uni, and my family aren’t in a position to surprise me with a nice lump sum to help me out – I’m pretty much on my own with this.

But leaving my £7,000 in an ISA to earn not much interest doesn’t seem like a useful thing to do with my money while I don’t need to access it. I’ve been looking through the suggestions on money making/investment threads on TSR and wasn’t exactly surprised not to find anything that didn’t take a lot of knowledge and patience to make a decent return – two things the rest of my life doesn’t leave a lot of room for. Then I remembered something that I said to my partner the other week:

“It’s a shame we didn’t save up more money before I start uni, then we could have bought a property, rented it out for the next 3 years and had someone else start paying off our mortgage.”

I have a bit of background knowledge of letting and to me, this kills two birds with one stone. It means that my money would be doing something useful for me whilst I wasn’t using it (and maybe even turning out a tiny bit of profit) rather than just decreasing in value over time, and the property would be there waiting for us at the end of my course with a smaller mortgage than we started with. But of course £7,000 isn’t going to buy me a house, so I was thinking of deferring my place at uni till September 2014 and working my socks off between now and then to earn enough for a deposit.

What would be your view on this; financially, practically, etc? Obviously not a lot of people will have actual experience, but just general thoughts would be appreciated, or advice if you do would be even better.

Thanks very much! :)

TL;DR – Should I defer a place at uni to earn enough money for a buy-to-let property?

Same question. Not for selling, just because I like a good deal :)

hi everyone . i really need your help cause iam planning to study in london . i want to know how much money will i need per month. including accommodation and every thing . thanx in advance :)

I don't think age is the major issue here. I think what is more important is for you to prove that you know how the strip club business works from top to bottom.

Any week that you earn over £109 you pay National Insurance. This cannt be claimed back.

I've got instant access ISA with barclays which means i get interest and can withdraw the money when i need to

Hi, I have just set one up and got the documents through saying it has been accepted. It then says I need to deposit 300 pounds. However it dosent say how! So how on earth do you put the money in when you don't get given a debit card until you do so!

Thanks
Elliot

The nearest Co-op branch to me is in the next town, which is kind of inconvenient. Is there a way to transfer money to the account online? Do you need to have deposited the £300 before you can use internet or phone banking? Or is the £300 deposit simply for the overdraft?

There won't be any class time at all, I'll just be doing the dissertation at home.

I won't be getting any student finance. The hand in date is in August so I'll be finished before the September payment date and as far as student finance know I'm graduating in July so also not getting any money for the summer.

I don't have to pay tuition fee's because I've already paid them for the modules for this year. Apparently I don't have to pay anymore thankfully.

Could any one please guide me through how one pays a credit card online for HSBC?

I go to my current account and and in "make payment" go to "pay bill to organisation" or whatever it is called, then select HSBC cards - but the I cannot input the details of the credit card, just select from another list of cards that seem totally random to me. There is nowhere where I can input the credit card number and amount I want to pay.

Very confused, any help would be appreciated.

I don't really know about overdrafts but if a student credit card comes as part of your student account then you might have to give it up yes as the general rule is that you are only allowed one student account.

honestly, you'll be surprised the amount of people think there's 'no jobs' because there's no jobs going in Topshop or River Island.

Ok so I'm currently interrupting because I wanted to change my course. That means I've taken a year out of university between my first and second year to kind of re-evaluate and decide what I really want to study. It's not the same as a placement year... I basically just stop being a student and then carry on as if nothing happened in September.

most people go home to their family when they do this but I've decided to stay in my student house. I'm setting up a business which will fully launch in September so I need to spend a lot of time here.

I only interrupted in December so somehow got the first and second terms loans. I only get the minimum though so quickly used up my overdraft as well. Then everything went through in march and they haven't given me a third term loan. Now I'm £1500 in debt, no income, no savings, and I'm worried that Lloyds will notice my third loan hasn't come in and start fining/charging interest on my overdraft as I'm not officially a student.

please help, what do I do about my overdraft? I'm scared to talk it through with my bank because I'm worried once they find out I'm not a student this year they will want all their money back...

Im now desperately applying for jobs (I know I should have done it ages ago...) but I've got 3 more months to pay of my rent and I'm setting up a business which is going to cost me a fair bit. The Uni has an entrepreneur loan system but I can't access it until I re register in September which will be too late.

I'm now relying on the business making enough money in the first week otherwise I'm not going to be able to afford to continue university.

Start doing your weekly shop in ALDI, you can get almost everything you would in large supermarkets like TESCO but for a margin ofأرباح the price. And contrary to popular belief, the food/meat/fruits are incredible quality :)

Okay so I graduate this year and I need opinions on what I should do after graduation.

Background info: I live in a small town where I won't be able to get a suitable job, I also wouldn't be able to find a good job in the nearest city (I do a language degree). I also haven't learnt to drive yet so wouldn't be able to drive to a further city to work. I also REALLY want to travel for like 4 months.

Now my dilemma is ... what should I save for first?

If I save to move (to London for example) to find a good job I won't need to drive as there's the tube but it also means I'll learn to drive at a late age ... I also wouldn't have any money left over to travel as London living costs are expensive. Or if I moved to another city I wouldn't be able to travel as I'd be paying rent.

If I save to travel I won't be able to afford to move out until I come back and find a job and then earn enough money. Plus I'd have to save money to travel before I go so that means not being able to move out for like 2 years roughly and therefore not being able to find a great job.

If I save to drive It'll take me longer to save to do anything else (travel or move out) and then if I find a job in London etc anyway I wouldn't need the driving skills/a car.

I know I don't need to decide entirely right now but I was wondering if anyone has opinions/advice? Maybe some of you have been/are in a similar situation? :)

I've been with lloyds for 5 years, no problems.

I got a letter through the other day saying they were going to automatically update my under 19s account to a student account, and I would have to sign to request for them to not do that, what annoyed me a little bit because I feel pushed into going into their student account when I haven't properly looked around.

I have seen what seems best is the biggest 0% over draft limits? I'm really reluctant to get into a massive overdraft whilst at uni and believe I will be financially ok, so just looking for some advice, is Lloyds an OK student account even though it hasn't got the largest 0% over draft limit?

Any advice would be amazing!

Hi,

Just a quick question regarding credit cards. Has anyone exchanged currency with a credit card in say the post office? If so is this kind of transaction regarded as being similar to withdrawing money from an atm, where there is often charges or interest applied to the withdrawal of money from an atm?

Thanks in advance!

Quite.
i was contradicting a post that said it was not allowed as a matter of course.

Yeah, you have to be careful with paypal. My boyfriend sold a digital copy of Black Ops to someone over it and then two days later the other party charged back the thirty-odd pounds claiming they'd never received any item. He'd already spent it however and, as they're not allowed to take money directly from his bank, his account has been banned for not 'rectifying the balance'. Such a joke - we sent them the chat logs and everything and it even says on the payment note 'Digital game Black Ops 2'.

The reason they'd stop both accounts in the same household is probably because he could attempt to use yours. Have you actually asked your brother what he's done to get the accounts suspended? Unless he sorts the issue out you may just be unable to use the service. :(

Doesn't this only come into effect if you are married?

As far as i'm aware, the minimum age for housing benefit is 18 except for special circumstances, even though you will only be entitled to £180 per month, won't be easy finding a house for that in london haha, you will have to apply for shared accommodation or a youth hostel.

To be fair, I'd rather have all my relatives alive and no £560k flat...


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Thanks, i'll do it on 11th May.. tonnes of exams :o

Certainly not 15kg!

I don't have any scales, but it feels to be around the 2kg mark for the actual product, and some cardboard packing. 3kg would be an over-estimate. Because it's the wrong product (smaller version of what I wanted), it's certainly lighter.



Would they be responsible for arranging a collection, or just reimbursing the cost of the process? I really don't want to have to go to the post office for their mistakes.

Did you get a 1k overdraft to begin with?

I posted this elsewhere, but it will get better attention here:

I have £1500 overdraft which I have never needed. But I need to pay off a sum every month for a loan I took out last year. My money, currently unemployed and ineligible for any benefits, is getting lower by the month obviously, and I am wondering if my 'real' money got down to say £30, would the rest of that month's loan come out from the overdraft, or would I go bankrupt?

I am with HSBC, yes they gave me a credit card but I don't use it, I only ever wanted a debit card. But HSBC are really terrible, I got offered up to £3000 overdraft but they started me at £750, I am now in second year and they have refused on several occasions to extend the overdraft at all...so much for up to £3000! They failed to provide a particular reason, just a general 'you don't meet our criteria' which means nothing! I wish I could somehow switch as all my housemates and boyfriend are with different banks and had their overdrafts raised in second year....not me! They have even charged me for rent going out on the same day as I got paid because they processed the rent going out first. FML!

Hi,
can someone please confirm if this site is safe?: https://www.bhs.co.uk/
has anyone bought stuff from this site?
I know this may sound really thick, there is https on the url bar but i just wanted to make sure. I don't want to risk it!
Thanks.

How old are you and do you already have a level 3?

It's an interesting thought but I'm not sure how practical it would. I mean how do you guarantee someone what you're going to earn, or if you could afford to pay them that percentage of your wage?

I think they do this in most outlets, if they accept them.

Hey.

To set your mind at rest, I did an access course this year and half the intake has been on JSA at some point in the year, because everyone's on crap part-time work because the course is so intensive. I'm surprised college hasn't told you this already, but these courses are designed to come in under the 16 hours p/w cut-off for benefits, to enable people to improve their position.

Tell college you can't do more hours than that, and they'll let you drop inessential modules (like core IT, which is only level 2 anyway so not that useful for higher uni offers) or excuse you from some classes to get in under the legal limit. They'll also help you work your classes around when you have to sign on (fit everything into 2 1/2 days if you can, then you can still work or whatever the rest of the week). Tell the jobcentre as soon as you have your learner agreement so they don't get on your back about it. Be careful to evidence that you're looking for work properly or they'll claim you're not trying hard enough and kick you off it, but it's entirely possible to do both at once.

Don't worry, it shouldn't be a problem :)

Thanks for your reply :) I spent a whole afternoon trawling the Barclays/other site and couldn't find anything like this (or maybe I just suck at technology -_- ). I'm assuming it would accept credits - which is the requirement for SF - because its allows for a debit card?

I have £1500 overdraft which I have never needed. But I need to pay off a sum every month for a loan I took out last year. My money, currently unemployed and ineligible for any benefits, is getting lower by the month obviously, and I am wondering if my 'real' money got down to say £30, would the rest of that month's loan come out from the overdraft, or would I go bankrupt? :S

Get another birth certificate. It's easy and costs about a tenner.

I've seen some current accounts that require you to deposit a minimum amount every month. I'm a student and don't have a job, so I don't have a regular income. What's stopping me from withdrawing money and then re-depositing it to meet the requirements? Would they close my account?

Of course they wouldn't levy the OPs vehicle,but the person that owes the money... what they would do is a DVLA check on any vehicle nearby.... if they could get a match even as a registered keeper/user they would of course levy. So if you even let your friend use the car etc.... not advisable there are way for successful traces. A bailiff is going to be as resourceful as possible..... true say, about the third statement, but they will firstly try to stick in a "pay as you go meter".

when at uni do you pay rent the whole year ? or just during term time?

Hi,

I am bad spender and I went into the bank to extend my overdraft on my student account. When I was there I was asked whether I wanted a student credit card (even though he could see how bad my spending was). Whilst there he tried talking it up saying that it would improve my credit rating he tried for ages and I kept saying no in the end he asked why? I said I don't trust myself, he laughed and said he hadn't heard that one before. Anyone else had there bank try this one on them?

Look, your stance is that you want to make money out of poor people, and make them worse off. You feel guilty about it, though, since it's clearly an immoral thing to do, so you don't want to admit it and also try to make yourself feel better by saying that everybody else does it so it's okay.