Britons Urged to Plan Their Financial Futures
Posted 2008-01-9
The Department of Work and Pensions (DWP) is urging people who spent more than they should have during the holiday season to plan more carefully for their financial futures.
People who fail to plan for large expenditures may find themselves short of funds and struggling to make repayments, according to DWP.
More than 50 percent of Britons spend too much during Christmas. People in the north-east, north-west and
Many people find it difficult to pay their bills after Christmas, says Susan Clarke of Jobcentre Plus. This can put them in a very nerve-racking predicament.
People might reduce the level of stress that goes along with overspending by getting control of their financial matters. A debt consolidation loan might be of help.
The DWP announced formation of a new unit to work on issues of child poverty. Over the past ten years, government measures have helped to raise 600,000 children out of poverty.
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