Maybe the summer months have brought with them a wind of change, but as the season draws to a close and autumn leaves appear on the trees, it seems a more practical approach is now being taken by those in debt.

Adapting to the current climate, acceptance has now taken place as the summer has given us a breather to come to terms with the hardships so far, and those still to come.  Previously, we’ve been overcome with depressing statistics about those in debt, and the effects it’s having, both physically and mentally, as many do their best to avoid the subject.

But now, as a fresh season approaches, a fresh perspective does too.  Experts at moneysupermarket confirm 40% of consumers with debt have made progress in reducing the amount they owe.  Rather than doing nothing whilst they worry about the level of debt they’re in, people’s approach to debt is becoming more pro-active and they’re choose to face the situation head on.

As people cut back on their bills and look at how they can budget their spending, I’m confident “intelligent money management” will be achieved – something which is essential to all in current times.  Being aware of household bills and how you can save around the house is certainly going to start showing on your bank balance if taken seriously.

So – to start the ball rolling, please share your tips here on how you’ve managed to budget more effectively – after all, that’s what blogging and this space is all about.

ClearDebt have also produced an “Education Pack” which we offer all our clients.  This is full of money saving tips and exercises and we would be happy to send it to any readers of this blog, even if you’re not a client of ours – so do let contact me if you’d like one of these sent to you.

And as for money saving tips, I’m going to start the ball rolling:
Tip 1: Turn off the TV at the mains when you’re not using it!