Tag Archives: budgeting

Can I get a car when I’m in debt?

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Disclaimer: If you’re currently on a debt solution you may be breaking the terms of your agreement by taking out new credit. You should call your debt solution provider first to discuss any additional credit that you might be considering.

When you’re living with debt it’s important to keep your transport costs under control. But what if your car breaks down? What if you need one for work? Or you want a second car for your family? Can you buy a car? It’s something we get asked every day. 

Because everyone’s situation is different there’s no easy answer to this question. You can buy a car when you’re in debt but we recommend that you consider the following first…

Can I get a car when I'm in debt

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How to keep the kids occupied this summer for less

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The summer holidays are here! It can be a tricky task to keep the kids happy for six or eight whole weeks, especially with soaring costs making the task even harder.

kids occupied this summer

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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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Don’t fall out with family and friends over money

posted by in Living with debt Leave a comment

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.

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Planning a baby on a budget

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sleeping babyHaving a baby is one of the biggest changes that can happen in your life and with the costs of raising a child going up, it’s important to plan ahead.

Hormonal ups and downs bring feelings of excitement, anxiety, nervousness, elation and fear; but along with managing all these emotions your finances play a massive part in preparation for a baby.

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10 things your Nan can teach you about budgeting

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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.

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Quit smoking, save the pennies for No Smoking Day 2017

posted by in Saving money 1 Comment

It's time to quit

How can something so small create so much pain?

You may have been debating quitting smoking for some time now. You’re probably well aware of what a drain on your budget cigarettes can be, but it’s easier said than done to give them up for good.

Believe me, we know how you feel; we have three ex-smokers on the team and one other who regularly steps out into the cold to light up.

Look at the budgeting you can do: cancelling a mag subscription? Easy. Buying more own-name brands than the more expensive food labels? A doddle. But, those cigs keep coming back, almost as if they’re taunting you. We don’t give a fig about your budget, they squeal, so we’re not going anywhere…!

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