Money worries can affect everyone, it is so important to be able to keep on top of your finances for your own well-being and mental health.
Learning new skills to stay on top of your finances and learning how to manage your money and make it work for you can be really helpful.
An Australian finance comparison site, Finty has recently published a very helpful article that offers plenty of valuable information on managing money such as:
- How financial debt and money worries impact people’s mental health. Did you know that 9.5 million adults in the UK suffer from mental health issues as a result of financial anxiety?
- The importance of practical financial skills and how it helps with mental health, including expert advice on combating debt, knowing why people overspend, and how to manage the effects of money pressures.
- Practical, useful tips and advice such as how to budget, analysing spending habits, where to save on household expenses, how to deal with debt, and how to make money management a habit.
- Other useful information and links to external resources to help develop practical financial skills and healthy habits around money.
Click here to read the full article.
Who can you talk to about debt Issues?
Knowing you owe money that you cannot afford to repay can be very scary. The problem will not go away and will only get worse if you ignore the problem. Don’t panic, it’s important that you look after yourself and keep calm.
The Debt Advisor has been in existence for 20 years and we have gained a reputation as the “go to” practice for debt advice and debt solutions and most importantly, we are authorised and regulated by The Financial Conduct Authority “FCA”.
The FCA register will let you know if the organisation has permission to provide debt advice and are able to help with debt adjusting which is the ability to negotiate with your creditors.
Get Debt Advice Today
For full debt advice and whether any of our available debt solutions would be the best option for you to get out of debt, you can speak to one of our advisors directly on 0800 085 1825 or arrange a callback.
The Debt Advisor Ltd is regulated by The Financial Conduct Authority. This means we are able to offer debt advice and deliver both formal and informal solutions. All debt solutions need to be carefully considered and you must take independent debt advice. We hope that the information and debt advice on this site including Frequently Asked Questions, will help inform you.
There are sources of free debt advice and services. You can find out more by contacting the Money Advice Service on 0800 138 7777 or by visiting their website.