A generation of people could be put under financial pressure due to supporting both their children and elderly relatives, new research has suggested. Aviva’s Cost of Family Care study shows that 71 per cent of British adults are concerned that…
Continue reading the "Families finances ‘at risk from ageing population’" »
Debt help is available but people may be too self-conscious to look for it, new research has suggested. Charity Turn2us found that nearly one-fifth of individuals are extremely concerned about their financial situation but 46 per cent would not look…
Continue reading the "Debt advice seekers ‘should not be ashamed’" »
Homeowners may benefit from recent estimates by the Council of Mortgage Lenders (CML), one expert has suggested. Spokesperson Beccy Boden Wilks for charity Money Advice Trust said that the CML’s downward revision concerning the number of repossessions in 2009 may…
Continue reading the "Those in debt ‘could be encouraged by new figures’" »
Disposable income for the typical family is not going up despite a recent report suggesting the contrary, one expert has suggested. Director at financial organisation the Motley Fool David Kuo said that a study by Ernst & Young revealing the…
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Debt-ridden drivers looking to save on vehicle costs may be encouraged to buy green cars to help them save, one comparison site has suggested. A recent survey by moneysupermarket.com found that 39 per cent of automobile owners would like to…
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Not all people who are neglecting to save money are being irresponsible, an expert has suggested. Fool.co.uk director David Kuo implied that some are deciding that using their cash for debt management purposes is more important. “[They] are paying off…
Continue reading the "Debt repayment ‘a priority for some non-savers’" »
People who are falsifying expenses claims at work to boost their finances or help to clear debt need to think carefully about what they are doing. This is the suggestion of uSwitch personal finance expert Louise Bond, who said that…
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People will struggle to get debt free if they do not take measures to combat the problem, an expert has said. Chris Tapp, director at money education charity Credit Action, claimed that doing nothing is the worst course of action…
Continue reading the "Doing nothing ‘won’t help people get debt free’" »
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