Are you feeling the adverse financial effects of Christmas? Do you need a remedy for a Christmas Debt hangover?
The Independent reported on Wednesday that, according to the Money Advice Service, ‘almost one in three of us felt pressured to spend more than we could afford just before and over the festive period, while one in 10 people have fallen into debt, or further into existing debt, as a result of spending too much’. So if you are, then you are not alone.
We all know that January payday can be a long wait, which can further exasperate stress and anxiety in the maiden month of the year. However, if you find yourself in debt this January, then consider following some of our tips, rather than making the problem worse by avoiding it.
Click play to learn how you can recover from a financial Christmas hangover. (4mins)
For help to plan your finances for 2016 email Money Specialists.