Monthly Archives: July 2017

How to save money on school uniforms, meals and travel

posted by in Saving money Leave a comment

Buying new school uniforms can put significant pressure to your budget. However, with a little bit of planning and shopping around for the best deals, it’s possible to save money on these annual costs. What’s more, depending on your personal circumstances, you may be entitled to extra financial help.

child putting on shoesPlanning ahead is essential to keeping school uniform expenses under control.

If you put off buying your school uniforms until the last minute, this can have quite an impact on your budget. This is especially true if you’re dealing with a debt problem.

When you’re on a debt solution, funds are allocated in your monthly budget for clothing. It’s worth setting aside some money every month towards your school uniform costs.

When the time comes to purchase new school uniforms you should have sufficient funds set aside to cover some or all of the costs.

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MoneyAware news: July 2017

posted by in Debt news Leave a comment

What’s happening in the world of debt and money news? We’ve got a round-up of the most important stories this month… Continue reading »

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8 ways to save money on your mortgage

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What options are there to help you save money on your mortgage, reduce your monthly costs and pay less in the long-term?

If you’re on a debt solution, such as a debt management plan (DMP), then finding ways to reduce a ‘priority bill’ like this will have a big impact on the rest of your budget. If you’re not, and you just want to reduce your monthly outgoings, it’ll still mean the chance of having ‘more money in your pocket’.

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Glen’s story: From £15k in debt to debt free

posted by in Budgeting 2 Comments

Glen Hodgson“When I went away to University at 18 I was hit with countless offers of credit, a number of which I took – including a student overdraft, a few credit cards, hire purchase agreements, and loans. It was too easy.

With no assets to lose, my view at the time was – “I don’t have the spare money to pay it all back without compromising on my own lifestyle” and so I put it to the back of my mind. However, I was about get a rude awakening…

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Money worries: how cancer can affect your finances

posted by in Living with debt Leave a comment

If you’re affected by cancer, it can be tough on your finances. In fact, research from Macmillan Cancer Support shows that 4 in 5 people affected by cancer are on average £570 a month worse off as a result.

This is Laura’s story…

Laura was diagnosed with Hodgkin’s Lymphoma in 2011. Due to not being able to work during intense treatment, she experienced financial difficulties. She also found getting travel insurance difficult.

She received support and information on benefits from Macmillan, as well as help from her friends and family.

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How can I make money fast?

posted by in Making money Leave a comment

There are lots of ways to make money, but just how fast is the payoff?

Many of the so-called quick money-making tips out there seem like scams, or are dependent on you having lots of free time. However when you’re struggling financially there are a few ways to earn extra cash quickly.

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Can I get a mortgage while on a DMP?

posted by in Living with debt 63 Comments

This has been one of our most successful articles since it was first written in 2013, so we’ve updated and republished it for 2017.

Can you get a mortgage on a DMP?

Can I get a mortgage on a DMP?

Being in debt doesn’t mean that you can’t have dreams. So if you’re in debt and hoping to get on the property ladder then it’s natural that you may think “Can I get a mortgage if I’m on a debt management plan?”

There isn’t an easy answer to this question because every situation is different.

However, we can tell you a bit about what your chances are.

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