What are the top debt and money stories so far this month? We bring you the news that we think matters to you and your wallet!
Monthly Archives: June 2017
This guest post comes from Sara from Debt Camel. Her site offers free, practical help on debt, budgeting, and information about debt solutions, and we think it’s ace. Sara’s been a volunteer advisor at Citizens Advice since 2001 and is also a member of the Institute of Money Advisers.
If you’re paying off debt, it’s important to try and put a bit of money aside, so it’s easier to cope with unexpected problems and emergencies. There are a host of savings apps out on the market now, but do these work?
This article looks at Chip and Plum, two apps that take the hard work out of saving. They work by automatically moving small amounts from your bank account into a savings account several times a month.
If you’re on a debt solution with us, get in touch with us before borrowing money off a loved one. It might be possible to reduce your payments to your debts temporarily to cover any emergency expenses.
No one wants to fall out with someone they care about over money.
Back in September 2016, our research showed how debt can damage relationships. Sometimes the person lending the money is struggling too.
This added pressure could result in the person lending the money blaming the borrower for their difficulties, which can damage relationships.
With this in mind, let’s look at the alternatives to borrowing money from your loved ones.