Debt and money news – May 2017

posted by James in Debt news Leave a comment

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 »


7 spending habits that could be costing you thousands

posted by James in Saving money Leave a comment

spending habitsEveryone likes a little treat every now and again, but when you add them all up it can cost you an awful lot of money. Even something as small as a coffee a day could cost you hundreds of pounds over a year.

Little habits can add up to big costs. That’s why we wanted to highlight some of the bad habits that will leave you wondering where all your money has gone.
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How to make money on eBay

posted by Becca in Making money Leave a comment

making money from ebayDisclaimer: This article does not constitute an endorsement of eBay nor do we accept any liability for readers using the advice provided.

Getting started with selling online can be scary particularly if you haven’t done it before. You may not be that comfortable using computers or perhaps you’ve heard stories about people being scammed.

Read our step-by-step guide to getting started, and see if you can make some extra making money from eBay.

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How do I get help with childcare costs?

posted by Becca in Budgeting Leave a comment

Cutting the costs of childcare Sometimes finding affordable childcare can be difficult. No matter what you choose, it’s important that you plan early before you return to work as there are waiting lists for some services.

It’s also a good idea to look into what benefits are available to you so you don’t miss out on any entitlements.

According to government statistics, it will cost you over £200,000 to raise a child in the UK, a large chunk of this cost is for childcare when one, or both parents are working. With this in mind, is there help available and how do parents go about getting it?

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How does your mental health affect your money? Have your say.

posted by StepChange MoneyAware in Living with debt Leave a comment

Bronwen Dalley Smith, Communications and Events Assistant for the Money and Mental Health Policy Institute, has written a guest post to tell us about the work they’re doing to support people dealing with debt and mental health problems.

Last year, nearly 600,000 people turned to StepChange Debt Charity for debt advice. That’s more than one person every minute of every day, throughout the whole of 2016. While this was StepChange’s highest yearly record to date, they were able to help.

At the Money and Mental Health Policy Institute we regularly talk to people who are getting their finances back on track with the help of StepChange Debt Charity. Yet, as a research charity exploring the link between financial difficulty and mental health, we couldn’t help but be concerned by this figure.

Half of British adults with a debt problem also have a mental health problem, so it can be assumed that nearly 300,000 of those who contacted StepChange last year were also struggling with poor mental health. The two are so closely entwined, that it is often impossible to identify which is the cause and which is the effect.

Whether mental health problems hinder your ability to manage your money or your financial situation worsens your mental health, once entered, the cycle can seem never-ending. Continue reading »


Can you talk about debt with your partner?

posted by Becca in Living with debt Leave a comment

Did you know that money worries are one of the biggest causes of stress in a relationship? One plus One has released a series of videos that look at real couples’ stories about being in debt, how it affects relationships and how they got back on track.

One plus One is a charity dedicated to helping people build stronger relationships. They’ve recently been exploring the different reasons couples might get in debt, as well as the stresses that they experienced including working longer hours, spending less, and not being able to socialise.

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April’s debt and money news

posted by Becca in Debt news Leave a comment

Spring’s inFCA credit card review full bloom and we’ve got a big bunch of money and debt news for you.

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…

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