Monthly Archives: September 2017

What happens if I win the lottery while I’m in debt?

posted by in Living with debt 2 Comments

Many of us daydream about winning the lottery one day, and all the things we’d spend the winnings on. But what happens if you win the lottery while you’re on a DMP, IVA or have gone bankrupt? 

The chances of winning the lottery are approximately 1 in 14 million. However, many of our clients still opt to try their luck in case their numbers come up.

However, what would happen if you were on an informal or formal debt plan and you won some unexpected cash? Well, it’s a hard one to answer concisely, as different debt solutions are affected in many different ways…

hands in the air

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MoneyAware news: September 2017

posted by in Debt news Leave a comment

Debt and money tend to find their way into news stories. Here’s a round-up of some of the most important news this month…

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Cheap meal deal lunches – the MoneyAware challenge

posted by in Saving money Leave a comment

Supermarket lunch meal deals might seem like a bargain, but they can still cost you around £15-25 a week for your lunch. That soon adds up! I challenged the team to make their own cheap meal deal lunches for one week, swapping a supermarket meal deal with an absolute steal deal (I’m not even sorry for that terrible pun).

How cheap can we make our homemade meal deals? Will we stick it out? Who’ll resort to rummaging in the office biscuit tin? Here’s how we got on…

cheap meal deal lunches tomato and cheese on bread

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Quick ways to make money for Christmas

posted by in Making money Leave a comment

Christmas is fast approaching, and so is the extra cost that comes with it. It can be stressful at the best of times, but if money’s tight there’s an extra layer of stress to deal with. We’ve already written about doing Christmas on a budget, but what about making extra cash for it?

Quick ways to make money for Christmas

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Jam-jar budgeting: The simple trick to organise your finances

posted by in Budgeting Leave a comment

We’ve talked in the past about ways you can use technology to help you budget, but there’s one particular bit of tech that’s been around for hundreds of years you can use too. The jam jar. Or, more accurately, a few jam jars.

My Grandma used this method to manage her household finances. She didn’t have a lot of money when she was younger, but she used jam-jar budgeting to keep track of her money and she always knew how much she had.

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