Another article has been published recently in a national newspaper about the rising levels of women in debt. We challenge the view that all women are in debt due to irresponsible spending.
Research from uSwitch is giving the impression that the UK is full of a shopaholics. We look at the case for people who aren’t shopaholics and are working to reduce their debts.
A survey claims the average woman spends £1000 on her daily wardrobe. ClearDebt’s Jacqueline Cohen and 3 other women took part in a story run by the Daily Mirror to test if this was actually true and to show a comparison between a £79 wardrobe budget and an £1000+ wardrobe budget.
It seems one of the most powerful tools to help stop you spending further into debt, is…guilt. How guilty do you feel buying non-essentials?
There was a time when the great divide between “labels” defined those that shop by price, and those that don’t. But somewhere along the lines, these divides have blurred with the bunt of the recession, and a new breed of shopper has evolved…the bargain hunter.
The days of spending for the fun of it are long gone and as nearly half of our nation (47%) become spendthrifty, saving £92 a month – it’s clear to see the penny has finally dropped (pun, fully intended 😉…