Tag Archives: history

5 famous bankrupts from history

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Even the great Walt Disney had to deal with debt problems!

Even the great Walt Disney had to deal with debt problems!

As you’ve no doubt heard us say so many times, debt problems can happen to anyone no matter what their income, social status or approach to money. Little surprise then that history is riddled with people who were plagued by money worries.

Bankruptcy has long held a stigma that persists to this day despite it often being the best solution available to a person in debt. Several modern day celebrities have had to call in the official receiver when their debts got out of hand, but this list of famous names from yesteryear might surprise you…

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Debt through the ages: 10 historical money and debt facts

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Has time really changed the way we look at debt and money?

Has time really changed the way we look at debt and money?

Money woes are by no means a modern day problem. People have been struggling with debt for as long as money has been in existence. There were even bailiffs as far back as William the Conqueror’s heyday.

Today’s blogpost looks at the meaning behind some money and debt-related words we use all the time – you’ll be surprised where some of them sprang up from…

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Is it time to start thinking like our grandparents?

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Elderly couple seaside

Could you live without credit as they have done?

I don’t know about you but my grandparents don’t fit the stereotypical toffee-sucking old folk. My granddad is a snooker-playing, air rifle-shooting 86-year-old who has recently given up smoking (the cost!) and my grandma is a bit of an investment guru (but still smokes ten a day); she’s 82.

They own their own bungalow and have investments which are still active to this day, as well as private and state pensions. They own a car, shop locally and their idea of a treat is fish and chips from around the corner (I take after my granddad there).

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