Why is the Income and Expenditure Important Income and expenditure (I&E) are important for any individual for a variety of reasons. It is important to track income and expenses in order to create and maintain a budget. This allows individuals … Continue reading →
Stop Living From Payday to Payday Stopping the cycle of living pay-check to pay-check can have numerous benefits. First and foremost, it can help to reduce stress and anxiety caused by financial insecurity. With a plan in place to save … Continue reading →
Can an Eviction Be Stopped The short answer is yes, on this site there are a number of examples where evictions have been stopped. Being in debt can put you under so much pressure, you just want to hide and … Continue reading →
9 Habits that are Keeping You Poor I was watching this video by an accountant on YouTube @nischa which I thought would be worth sharing on this site. Don’t just skim through what is written here, watch the video, and … Continue reading →
Stop Taking on New Debt Stop taking on new debt is a great way to help manage your finances. It can help you maintain a good credit score and keep your finances on track. Taking on new debt can add … Continue reading →
Obviously you will want to pay as little as possible, but there are some things that you may need to know about. Age of a Debt in a Full and Final Settlement Matters The older the debt is, the more … Continue reading →
Doing the £5 a Day Challenge The £5 a day challenge is a great way to help you save money and be more mindful about your spending habits. It encourages you to only spend £5 a day on anything you … Continue reading →
How Much Will Creditors Settle for in Full and Final Settlement? Here on the Johnny Debt site is a list showing what you can expect a creditor to settle for in a full and final settlement. This is not a … Continue reading →
How Much Will a Creditor Accept in a Debt Management Plan The simple answer is, as little as £1.00 per month! However in order to get a creditor to accept a payment of one pound per month, you will have … Continue reading →
Money Saving Tips to Help Your Income If you’re finding it hard to keep money, but easy to spend it, it would seem that you’re not alone. More than half of 22-29-year olds have no savings at all, and the … Continue reading →
Can You Do Your Own Debt Management Plan The simple answer is YES! However, to start with is may be difficult to implement. I would say that if you are going to do your own Debt Management Plan, you need … Continue reading →
Full & Final Offer Rejected, What Do I Do? So your full and final settlement offer has been rejected, so what do you do now? The thing you have to remember about a full and final settlement, is that often … Continue reading →
A new study from the University of Bristol, in partnership with the Money Advice Trust and the Money and Mental Health Policy Institute, outlines the experiences of nearly 1,600 UK debt advisers when supporting people in vulnerable situations. Nearly three-quarters … Continue reading →
I occasionally get questions from reader asking how to get started in order to get out of debt. So I decided to get together a few tips on getting out of debt. How to Get Out of Debt So it … Continue reading →
Full & Final Settlement Offer Here is a letter recently received from 1st Credit: “1st CreditP.O. Box 278ReigateRH2 7WBTel: 01737 235202Fax: 01737 887697 1st Credit Ref: NUMBER “Special Low Discount Opportunity” YOU PAY HALFWE PAY HALF Mr NAMEBLACK HORSE LIMITED … Continue reading →
