One in five Brits have no idea how much debt they're in - here's how to get help with your finances
ONE in five cash-strapped adults have no idea how much debt they’re in, new research has found.Taking control of your money worries is the only way to clear debtA further 21% don’t want to worry about something they feel they can’t do anything about.
But experts say this is worst approach to have, as burying your head in the sand will only make it harder to pay off yourThe research also showed how 16% don’t even bother checking their account on payday because seeing it all fly straight out to pay the bills and debt brings them down.How to cut the cost of your debtHere are some tips from Citizens Advice on how you can take action:Knowing your spending patterns is the first step to managing your money.
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