Money money money

When it comes to money, while we all use it, it seems like you need to have a degree to understand it. Finance has been a big topic of discussion lately, with the stockmarket taking a dive and interest rates rising to a level higher than they have been in years. The Yahoo!7 Finance Team has joined the discussion on Answers – wanting to know how the change in interest rates will affect you, particularly if you are a homeowner.

Interest rates and mortgages aren’t the only topic of discussion when it comes to the old “cashola”. Some of the most popular questions in the Personal Finance category on Answers relate to saving money, investing it or making it last as long as possible. There’s just always too much month left at the end of the money! There are also lots of questions from people who want to make a ridiculously large amount in a ridiculously short period of time … but be wary of the Answers you see! If something seems too good to be true if probably is! Don’t forget to report something you suspect might be spam if you come across it.

Fortunately for those of us who are financially challenged and equally naïve to the inner workings of cash flow there are some really well informed users out there who are just standing by to help on anything from credit ratings to bankruptcy!

Clea

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