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!
Category Archives: Debt news
This article was originally published on 10 March and updated on 24 May 2017.
In February, over 1,000 of our clients emailed their MPs asking them to support a Breathing Space scheme for people in debt in England, Wales and Northern Ireland*. If you helped, thank you.
A scheme like this would mean that when people in debt get advice they’d have fees, charges and interest on their debts frozen, along with a break from enforcement action. It would allow them time to sort out their finances without seeing their debts spiralling upwards. Continue reading »
This month’s news has been dominated by the upcoming general election, but if you dig beneath the surface there’s still plenty going on in the world of debt and money.
We’ve scoured the web to find the most interesting stories that could have an impact on your wallet, without a mention of the general election to be seen (apart from when I mentioned it just then). Continue reading »
We look at the latest proposals from the Financial Conduct Authority to help people with persistent credit card debt.
We also examine the latest figures on unpaid child maintenance, news on the Wonga data breach, a pensions warning to parents, and a welcome rise in the national living wage…
The Spring Budget, zero hour contracts and a 30-year low in homeownership were just some of the biggest debt and money-related news stories this month.
Alongside that there’s news that families in England and Wales are spending more on their bills than food…
As much as I loved my Nan when I was growing up I always thought she was a bit of a skinflint.
I have vivid memories from my teenage years of being embarrassed when she’d take me into charity shops, and annoyed when she’d nag me to switch off lights. I’d roll my eyes and sigh; 14-year-old me just didn’t care about saving money.
Twenty years later and I understand why she was always being thrifty: she believed in saving on the little things in life so that she could build a nest egg. Sadly my Nan is no longer with us, but I think some of the budgeting tips she taught me are timeless.
Whether you’re working flexible hours because it suits your lifestyle or you’ve been unable to find a full time contract, living off a fluctuating income can be a challenge.
Not knowing what your take home pay will be each week or month can make budgeting difficult, and sometimes this uncertainty can push you into debt. Here we talk about how you can budget even when you’ve got a fluctuating income.