No money after payday?

A survey carried out by Halifax has revealed that 1 in 10 admit to being cash strapped with no money a week after payday. As a result many are left worrying about money for the remainder of the month and as to how they are going to survive financially until next payday comes around.

This financial hardship can affect people in many ways – with many feeling the effects of stress which overall is negative to a person’s general health and well being. In some cases it can put strains on relationships - statistics show that divorces and relationship breakdowns are often associated with debt problems.

Some debt problems can be attributed to living beyond ones means, i.e. paying for sky packages, plasma TV’s, luxury holidays – in these cases it is recommended that you cancel all of these luxuries as they are unnecessary expenditures that just add to the debt problem.

However if you have already made cut backs and are still feeling a squeeze after payday it is advised that you seek debt help in order to find a debt solution to help you to regain control of your finances.

Vicky James

DFH offer a range of debt solutions tailored to your individual circumstances. These include IVA, Debt Management Plans & Debt Consolidation Loans. If you are worried about debt, contact of our trained debt advisor's today.

Call us on 0800 881 8722

Monday - Thursday 9am - 9pm and Fridays 9am - 2pm

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