Women who wish to avoid debt in retirement have been given three pointers for future financial security by the principal adviser of Ruth Whitehead Associates. Commenting on the fact that many women do not make any provision for their personal…
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British consumers should be pragmatic about the current economic climate, it has been suggested. According to Emma Walkley, current account manager at Alliance & Leicester, many people are looking for ways in which they can cut back on their expenses.…
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Consumers hoping to become debt free could be facing an uphill battle as the price of essentials is likely to carry on rising. Joel Segal, lead partner of consumer products at Ernst and Young, told BBC Radio 4’s Farming Today…
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Rising fuel prices are adding to the debt management struggles of British consumers, it has been suggested. Price comparison website moneysupermarket.com claimed that urgent action is needed in order to ensure people’s debt problems are not exacerbated by such price…
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Couples who pay for their wedding by means of loans and credit cards should think carefully about adding to their debt, according to one expert. Donna Werbner of Fool.co.uk said people who take on a lot of credit card debt…
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Higher salaries are desired during the credit crunch as people on low incomes attempt to clear debt they have accrued, according to an employment expert. Peter Reilly, director of HR research and consultancy at the Institute for Employment Studies, explained…
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The impact of debt on mental health should be a priority for financial institutions, it has been suggested. A spokesperson for mental health charity Mind said banks ought to stick to guidelines outlined by the Money Advice Liaison Group, which…
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Many Britons are taking on extra credit card debt on Saturdays, with new research suggesting consumers typically spend more than £549,000 on these days during their life. According to the Co-operative Bank, Saturdays see the average British adult spend £175…
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