Helping you keep your finances healthy!

Would you be brutally honest with the people around you if it helped you out of financial trouble? Consider the emboldening tale of Nick Sarillo, whose restaurant business was about to bite the dust. He emailed just about every customer he knew, with a frank summary of the situation. He told them with candid honesty [...]

Is there anything worse than those cheesy TV adverts asking if you’re in debt and offering you a magic cure?

If you’re a UK homeowner like me, particularly one that bought in the last 5 years, I’m sure you’re miserably aware just how much property prices have fluctuated since the credit crunch.

Being in debt can affect your health, your well-being and send your stress levels sky-high – not to mention have a massive impact on your relationships with family and friends. The worry of receiving that next debt collection letter, bailiffs knocking at the door or ultimately losing your home or possessions is something none of us want to think about.

According to David Hynam, Chief Executive of Friends Life, recent research shows that the “coping classes”, those earning between £20 and £50,000 , feel disproportionately affected by public sector job cuts and have adopted a new attitude to debt.

Unless you have been living on the moon for the last couple of years, it is hardly a secret that the economy is in a mess. There is a common misconception that it is almost exclusively those who have lost their job, or who are on low incomes, that are suffering.