The midweek money sections revolved around the theme of protecting one’s self from a multitude of financial concerns, ranging from the sensible and thought provoking, to the downright daft.
We’ll kick off then (shameful World Cup pun not intended, honest) with Harvey Jones at the Express who, in light of the Icelandic volcano, thinks it’s probably best to try a bit of careful planning to protect yourself from potential holiday disasters. He suggests, always booking holidays by credit card and if you’re booking through a travel agent or tour operator, check they’re a member ABTA, which offers consumer protection for anything from poor service to natural disasters. Similarly, Jones recommends that all holidaymakers sort their travel insurance as soon as the holiday’s booked, protecting themselves against any losses should they be forced to cancel.
Today’s MoneyMail on the other hand offers up tips on how to protect your family against the Government’s planned budget cuts. Suggestions include: insuring your salary with an income protection policy; protecting your mortgage; tackling any outstanding debt; topping up your pension; saving early for your child’s university education and consider health cover as struggling hospitals could be closed.
For slightly less orthodox means of recession-proofing, The Mirror suggests that investors looking to protect themselves against the recent rocky volatility of share prices, may want to consider investing in rock legends instead (pun very much intended). Thanks to the recession, old vinyl is making a mint as records by Elvis and the Rolling Stones sell for staggering sums, and British investors are cashing in.
Scores on the board this week are: