Practical Tips for Financial Survival

Practical Tips for Financial Survival help in South Yorkshire
  • Assess your financial circumstances by preparing an accurate Income & Expenditure statement. (A blank form is available for you to use in our download section).
  • Schedule a full list of your creditors, the amounts outstanding and the monthly payments due. Keep all statements and letters you receive as it will help provide a full picture of your financial circumstances.
  • Wherever possible pay your mortgage, utilities and other priority bills on time. If you have any problems doing so, talk to the companies as soon as possible.
  • When speaking to your creditors make a note of the conversations, the date and time, who you spoke to and confirm in writing any arrangements made.
  • Be open and honest with your creditors - any little white lies will only come back to haunt you.
  • Don’t incur any further debts or borrow further money as it will only help in the short term.
  • Don’t ignore legal proceedings, but instead take specialist advice. We can help.
  • Don’t let your financial problems affect your health or your relationships.
  • Don’t think your problems will go away if you ignore them - they won’t!