With the start of a new year I felt it was time for a new post on keeping your personal finances in order. For those of you looking to take their finances more seriously – whether you’ve made it your New Year’s resolution or if you’re trying to plan for something special.
With the continued dire state of the British economy I’ve come to the realisation that there is no quick solution – and we shouldn’t expect one.
This is why it is so important to take control over your assets – whether you’re concerned about those unpaid debts, a reduced income or you’re simply struggling to make ends meet. For me it’s about looking after my family.
Whilst Creditwindow can offer a wide range of financial tools and products to help you its important to remember that resolving any finance related issue really lies with number 1 – you.
There are a large number of things you can consider when planning your finances for the new year, including:
- Whether or not you really need that payday loan or credit card – this may seem like the simplest solution when faced with financial difficulty, however, a lot of the time you’re better off avoiding this. Debt will only add to your troubles – which is why I would recommend looking to the likes of the Money Advice Service - a Government run website that has been setup to help you manage your finances better.
- Already in debt? Well – rather than going to a debt management company it may be easier (and cheaper) to look at one of the UK Debt counselling charities – such as StepChange - they offer free impartial advice and may be able to help you before you get into more trouble.
These really are just a few things you can do to help manage your money better and I don’t pretend to have all the answers, however, if you are looking for more advice I strongly recommend checking out our debt management articles for more help.