Our February 2018 Budget Report

Candle in heart-shaped case - February monthly budget report

It’s time for me to share with you our February 2018 budget report. How can March be here already?!

Things may have been easier for you in February, compared to last month. What do you think? Have you recovered from Christmas? Maybe you organise your money so you’re saving for Christmas throughout the year? Perhaps you don’t go over a set Christmas budget either? Let me know. If you’re not doing these things, why not start now? Continue reading “Our February 2018 Budget Report”

Five Possible Solutions for Tackling Crippling Debt – Part Five: Bankruptcy

Padlocks on a chain-link fence - Five Possible Solutions for Tackling Crippling Debt – Part Five: Bankruptcy

This series covers five possible solutions for tackling crippling debt. This is part five in the series with this article focussed on bankruptcy.

So far, we’ve looked at Debt Management PlansAdministration OrdersIndividual Voluntary Arrangements, and Debt Relief Order

I’ll explain what is and for whom it may be suitable. You’ll find out what you’d need to do to apply for bankruptcy, and what going bankrupt may mean for you. Continue reading “Five Possible Solutions for Tackling Crippling Debt – Part Five: Bankruptcy”

Five Possible Solutions for Tackling Crippling Debt – Part Four: Debt Relief Orders

Debt Relief Orders - A bump sign on a road

This series covers five possible solutions for tackling crippling debt.

Part one looked at Debt Management Plans, part two explored Administration Orders, and part three covered Individual Voluntary Arrangements.

In this post, I’ll explain Debt Relief Orders.

I’ll explain what they are and for whom they’re suitable. You’ll find out what you’d need to do to apply for one, and what having one may mean for you. Continue reading “Five Possible Solutions for Tackling Crippling Debt – Part Four: Debt Relief Orders”

Five Possible Solutions for Tackling Crippling Debt – Part Three – Individual Voluntary Agreements

Handshake. Five Possible Solutions for Tackling Crippling Debt - Part Three - IVAs

This series covers five possible solutions for tackling crippling debt. Part one looked at Debt Management Plans. while part two explored Administration OrdersIn this post, I’ll explain Individual Voluntary Agreements.

I’ll explain what they are and for whom they’re suitable. You’ll find out what you’d need to do to apply for one, and what having one may mean for you. Continue reading “Five Possible Solutions for Tackling Crippling Debt – Part Three – Individual Voluntary Agreements”

Five Possible Solutions to Crippling Debt – Part Two: Administration Orders

Chain link fence

Last week I posted the first in a series of five possible solutions for tackling crippling debt. If you’re having debt problems, read that post too. In this post, I will show you another possible solution for getting debt under control; Administration Orders. I’ll explain what they are, what criteria you’d need to meet to get one; and what to expect if you’re granted one. Continue reading “Five Possible Solutions to Crippling Debt – Part Two: Administration Orders”

Five Possible Solutions to Crippling Debt – Part One: Debt Management Plans

Five Possible Solutions to Crippling Debt - Part One

We’d all prefer to live without debt, but for most Brits, it is not the reality. When debt repayments become difficult to make that’s when disaster can strike. In this series, I will explore five possible solutions to crippling debt, beginning with Debt Management Plans. 

According to their latest research, Comparethemarket.com says:

‘The average person with debt is in the red by over £8,000 (excluding mortgage repayments)..’

Continue reading “Five Possible Solutions to Crippling Debt – Part One: Debt Management Plans”

Are You Within the Recommended Guidelines for Your Monthly Expenses?

Who is Bunchy the Budgeteer? Who is 'Bunchy'?

Are you confused by all the financial advice out there, telling you how much you need to be saving each month? I know that I used to be! Would it help to know if you are within the recommended guidelines for your monthly expenses?

Have you got into a spin about what percentage of your income you should be investing into a pension? You know, so that you’re not eating cold baked beans in your old age (unless that’s how you roll)?
Do you ever wonder if you’re spending far too much of your income on things you enjoy? Are you worrying that those items are costing you more than the actual price tag – like your financial health?

Continue reading “Are You Within the Recommended Guidelines for Your Monthly Expenses?”

Money – Where on Earth Should I Begin?

'Relax' sign

Or ‘How to Sort Our Your Money Mess’

Where on earth should I begin?‘ This is something I’ve been asking myself when thinking about starting this blog. It’s also something most people ask themselves when they make the decision to get a handle on their finances.

Mr.B and I don’t use credit cards or any sort of credit. We do have debt, however, in the form of a mortgage. This is often referred to as ‘acceptable debt’, but to us, we won’t fully relax until that bad boy is paid off. It’s going to take a long time, but we’re determined to get it paid off early-(er). That being said, in the past, we have each taken out loans, have bought items from catalogues and thankfully, we didn’t encounter any problems that caused us to get behind on payments. It could so easily have happened though. Continue reading “Money – Where on Earth Should I Begin?”