Debt generates a great deal of emotion, it is probably one of the main causes of the breakdown of relationships and not just between husband and wife but also family members and friends. The emotions around debt include frustration, shame, embarrassment, anger, disappointment, even condemnation of self. Whilst debt is often a personal matter it [...]
Debt – Why talk about it?
Why am I writing about the subject of debt, because it is affecting so many people and can be responsible for the break up of families! It need not be so bad, there are options available, if you know what they are. … When you consider the world in general is suffering from a lack [...]
category: Debt, Relationships
tags: Debt, relationships
Redundancy
Redundancy How do you deal with redundancy? With the constant reminders in the news of redundancy letters being received before Christmas, the start of the New Year is going to be an extremely stressful time. As someone who has experienced redundancy it is certainly stressful, you are inclined to spend all your time wondering what [...]
Cap on Interest Rates?
The BBC reported in the news today http://www.bbc.co.uk/news/business-11516189 that excessive interest rates charged by credit card companies are to be considered as part of a review. Credit card interest rate charges are exceedingly high, and making any in roads into the debt, is at times impossible, repayments are used to cover the interest instead of [...]
category: Debt, Financial Education
tags: Debt, Finamcial Education
Obtaining credit may have become harder!
With the banks being reluctant to lend at the moment obtaining credit may have become even harder, as lenders are now looking at the credit history before agreeing any borrowing they are not relying solely on the credit score. What impact will it have on your ability to obtain credit? Do you have a good [...]
category: Debt, Financial Education
The personal cost of the Election
We have been hearing so much in the news about a hung parliament on Friday, simply because so many voters are undecided. Whilst change is always good generally, many are concerned how the different parties’ monetary plans will affect their finances The simple truth is we really don’t know, reading and listening to what has [...]
Can’t pay your bills?
Despite the promises by the Conservatives to cut taxes we are now being threatened with a VAT hike to 20%, to pay towards reducing the £163billion deficient. There are also proposals to reduce child benefit, child trust funds and child tax credits for better-off families. It is accepted that we cannot carry on with a [...]
category: Debt, Financial Education
Divorce and Your Finances
Divorce or separation can prove to be exceedlingly expensive.
Debt
Is your financial situation causing you sleepless nights? Do you feel you are struggling to keep going with your debts, and wondering why bother?
Finance and Financial Education
How often do you read a newspaper or listen to the news and think how I am going to manage?