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The Generational Gap of Finances

Financial security is often seen as a natural reward for getting older – the idea being that by midlife, people have climbed the career ladder, built up savings, and moved past big expenses like childcare and mortgage debt. However, new data from MoneyPlus challenges that narrative. Our latest survey suggests that Generation X – those…

Life After a Debt Relief Order

A Debt Relief Order (DRO) is a debt solution that allows people with minimal income and assets to freeze payments towards certain debts for a period of 12 months. After this time, if their financial situation hasn’t improved, any debts included in the DRO are written off and the DRO ends. Life after a DRO…

Apply for a Debt Relief Order (DRO)

If you have more debt than you can afford to pay off, a possible debt solution is a Debt Relief Order (DRO). This allows you to freeze payments of debt included in the DRO for 12 months. After this time, if your financial situation hasn’t improved, eligible debts will be written off. This guide will…

How Long Does Bankruptcy Last?

If you’re struggling to pay off your debts, you may be considering bankruptcy. A formal legal process, bankruptcy may be a solution that could help individuals who are unable to pay their debts to gain a fresh start. When someone is declared bankrupt, their assets may be sold to pay off creditors, and they are…

Wooden blocks displaying "MAIN JOB" or "EXTRA JOB", symbolising career choices.

Should I get a second job to pay off debt?

When you’re struggling with debt, finding extra money to make repayments can feel overwhelming. Taking on a second job is one option many people consider, but is it the right approach for your situation?  In this guide, we explore whether finding additional work makes sense for debt repayment, and suggest some practical ways to earn…