Actionable Tip 4: If things don’t look manageable, talk it over
Sometimes things can look really bleak financially. If you’ve taken the time to produce a clear appraisal of your situation, and can’t seem to find a way to make things work, it’s time to start talking about it.
There are lots of people who want to help you. A great first step is to talk to The Citizens Advice Bureau, who offer free impartial advice and can point you in the right direction for expert help covering most areas of life. You can also find some helpful resources from the Government on Gov.uk.
If you have debt you don’t feel you can repay, or perhaps that repayment will cause you genuine financial problems, then you need to tell the companies involved. It can be really
nerve-racking making that phone call, but it’s the first step to getting you some breathing space. Many companies genuinely want to help you, and would rather reach an agreement with you than have you miss scheduled payments.
At Unividual we believe in helping people no matter what their financial situation. With sound financial advice and a good plan in place, there are few financial hurdles that can’t be overcome. If you’re struggling with debt or feel your financial situation isn’t manageable, get in touch for a free, no obligation, chat with one of our financial experts.