A much needed law change happened on the Ist October 2015, that went pretty much unnoticed. Did you know that before that date, if you owed a creditor as little as £750, they could apply to the courts to make you bankrupt? Implications of bankruptcy – Any assets such as your car or home could Read more about Making forced bankruptcy harder[…]
Retired? As important as savings and pensions are, how you spend your money during this time is just as important. Living in too large a property If you are still living in a large family home, then consider trading down to a smaller property, do you really need those extra bedrooms and bathrooms? By trading Read more about Retired? Don’t waste your money![…]
According to a government survey a large percentage of adults are delaying traditional life such as marriage or a car purchase due to personal debt. The largest group hit were people still paying off their student loans, while the amount of adults either forced back to the family home or still living with their families has also Read more about Is debt holding you back?[…]
In the UK alone the amount of household debt now sits at over £170 billion! Spurred on by cheap money a record number of people are being lured into splashing out on home improvements, cars, goods and services, by credit card companies and banks. Over £41 billion is now owed on credit cards, coming from Read more about Avoiding the debt bomb[…]