As we come to the end of January, the New Year’s resolutions are all but a distant memory and the reality of festive spending hits home as credit card bills drop on the doormat. I am aware that, having outsourced my Xmas spending (to my wife), while I have three happy kids with more new stuff crammed into their bedrooms than they know what to do with, there is considerably less beer money available than there was in December.
I’m clearly not alone in thinking about my finances as news stories abound about the 50% of households that are burdened with debt and, sadly, the 17% of people who are still paying off Christmas 2011! Hence why the Money Advisory Service is rerunning its TV ad with a young girl giving her parents financial advice before demanding spaghetti for tea – am I the only one who sees shades of ‘The Omen’ in this?! Read more »