However, there is no escape from this chore, no matter how much it is disliked. The business finances are a very important part of working for yourself. Fortunately, there is some help out there, which should make the job a lot easier, like these below:

Keep Your Bills in One Place
Pay Your Bills on Schedule
Read Your Credit Card Statements
Take Advantage of Automatic Payments
Computerize Your Chequebook
Get Overdraft Protection
Cancel Unused Accounts
Consolidate Your Accounts
Establish Automatic Savings
Clean up Your Files

Source [Oarticles]

Below is a list of those student accounts, which are considered to be a good choice for students who are looking to open up a bank account for their next level of education.

The Abbey Student Account Package
The Abbey International Student Account
Bank of Ireland Student Account
Barclays Student Account Package
The Clydesdale Student Bank Account Package
Co-operative Bank student account
The First Trust Bank
HSBC student account to a graduate account
HSBC International student account
Halifax student account
Lloyds TSB graduate account
The Islamic Lloyds TSB student account
The Royal Bank of Scotland student account
The Smile student account
Yorkshire Bank student account package

Source [Graduate Finance]

The problem that the credit card companies have is that they are a business; it is just that their business is credit, which makes people think that they are like some of the names above.

However, the regulators in the US are looking to tighten up the rules that govern the way that credit card companies and other related businesses operate, by bringing in some new guidelines. Whether or not this is going to help those in debt is another matter.

The group added that agencies should go further than the current proposals, with moves such as:
Ending all retroactive interest-rate increases, including for consumers who have had a 30-day late payment

Limiting how high credit-card issuers can set “penalty” interest rates, and how long issuers can keep consumers at these rates

Prohibiting fees to pay a credit card by phone or Internet

Source [Market Watch]

The first thing that anyone needs to do is think about the debts and how you are going to tackle them; this is going to be the difficult part. However, there are some tips below which will help you prioritise your debts and how to start off getting them reduced.

Adjust Expenses
Advantages to Sticking to Your Budget
Cut Back on Spending
Start Saving
Good Money Management
Avoid Spending Pitfalls!
Easy Money-Saving Changes

Nobody is saying that it is going to be easy, but one thing is for sure, once you are out of debt or even have them under control it will be as if a weight has been lifted off of your shoulders.

Source [Squidoo]

This is the first time that BP have actually become involved with green fuels, but they are not doing by halves the investment is said to be around £50 million, but Verenium are in the field of Cellulosic Ethanol, which can also be described as fuel from non food crops.

Verenium are ahead of the competition when it comes to this type of fuel, as they have produced it through genetic engineering, this means that they are able to use grass, wood chips, sugarcane, and other plant matter. These can then be further manipulated through a specialised enzyme, which speeds up the ethanol process.

However, there has been no mention as to what the cash will be used for and what BP’s involvement in the production of this fuel will be.

Source [Gas 2]

Just leaving the banks to suffer in silence could be disastrous for the world economy. However, at the same time can governments actually afford to bail all of the banks out?

However, this sort of banking crisis is not something that occurs on a regular basis, it may only happens around once or twice every century, but to do nothing could mean financial insecurity for many people and even business that are relying on the services of the bank.

Two cases have been highlighted as examples, Northern Rock in the UK and Bear Stearns in the US, without the support of their governments, these banks would have collapsed taking many other businesses with them.

Source [FT]

The thought of all of those customers going through their stores, but still using outside facilities for other services is just getting too much for the management of Tesco’s.

So instead of just starting from scratch Tesco will be buying the fifty per cent stake, which the Royal Bank of Scotland owns in Tesco Personal Finance, this will bring the business back into the business where they will be able to develop the services provided including current and deposit accounts.

One day Tesco’s will be the only place needed for everything, if that is what you want!

Source [Directory Direct]

Therefore, in the mean time there some things that you do to either getaway from the crunch credit or just simply take some time to prepare your life for the next big push, which is not going to be that far away.

Here are some things that you may wish to consider:

Buy repossessions and invest in real estate
Invest in green technology
Start a company
Switch careers
Move somewhere you’ve always wanted to
Learn
Go on holiday!
Get your voice out there
Break bad habits & modify your lifestyle

Source [Lyved]

This terrible thought just highlights the delicate line that people walk between being ok and going under if the, worst happens. This is because a lit of people are spending their incomes right up to the limit, with no room for mistakes.

Financial disaster can happen through job loss, cut in pay or hours, illness and rising costs. On average households are spending around £333 on essentials such as finance payments, council tax, and luxury items. This leaves around 34% of the population with less than £500 in savings, which is where the eleven days come into play.

Source [Daily Mail]