Craigslist Money Forum…useful or not? February 15, 2006
Occasionally, I look on Craigslist’s money forum to look at trends in the topics of discussion. I’ve noticed that there are lots of questions about how to save more money. It seems like a lot of people are struggling with debt payments and increases in living costs, so saving more is not an option for some people. CL is a good place to start, but sometimes you get some BS posts, but that’s anywhere on the net.
A couple of threads about budgeting and managing loans:
Do you think CL is useful for money information?
Tax Around the World: UK
In the UK, there are three tax brackets, or bands ranging from 0% to 40%. This covers income after the personal allowance (£4,895 for single people, meaning that 40% is not paid until more than £37,295 is earned).
2005/2006 UK Tax Bands
|
Taxable Bands Allowances
|
2004-05 (£)
|
2005-06 (£)
|
|---|---|---|
|
Starting rate 10%
|
0 - 2,020
(USD 3519.97) |
0 - 2,090
(USD 3641.95) |
|
Basic rate 22%
|
2,021 - 31,400
(USD 54716.38) |
2,090 - 32,400
(USD 56458.94) |
|
Higher rate 40%
|
over 31,400
|
over 32,400
|
(n.b.: as of 2/13/06, 1 USD = 0.573868 GBP or 1 GBP = 1.74256 USD)
Source:
HM Revenue & Customs