youthmoney

“Loan fat cats prey on the desperate poor to fund mansion lifestyle,” said yesterday’s News of the World. Under a headline “You vultures!”, it laid charges of cashing in on Britain’s poorest against  high-street store BrightHouse and its rent-to-buy schemes for household goods.
The paper reports that the company is “raking in record profits of £20million [...]

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Single mums are better at teaching their children about the value of money than dual parent families, according to new research, reports Rupert Jones, deputy editor of the Guardian’s Money section.
It would be surprising if it wasn’t so. But what is shocking is how Jones signs off this non-story:
“At a time when the government is [...]

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Last week I write about BrightHouse. Today I get round to looking at last weekend’s papers. And find the Observer’s Cash editor, Jill Insley, writing about the very same “household retailers”, as she calls them.
Insley tells how Sophie Latham, a 21-year-old single parent, is struggling to make ends meet. She has bought a bed, washing [...]

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Charles Arthur yesterday linked to this blog, during a discussion on subprime loans and homelessness. It is probably time I posted something.
Charles’s readers like stuff about computers. He is the Guardian’s technology editor. So here’s something about computers and money.
How much does a laptop cost?
If you are comfortably off, can afford a few hundred pounds [...]

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