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Where to look online for advice on debt

A rundown of the sites we think give the most understandable info on money, debt, and everything that goes with it

Debt and money problems can be a pretty lonely thing to figure out. They can leave you feeling confused, frustrated and not sure who to turn to.

From charity websites, to blogs, to advice columns, there's lots online designed to help you deal with your money, and know what to do when it becomes a problem. Sometimes too much information can be confusing – and financial advice is one of the worst culprits for that.

So which websites do it best? These are some that we think set out information in a way that’s clear, helpful and understandable.

Where to go for help to start the process

For a lot of people, talking about money problems can be difficult. Asking for help or advice is a daunting task. Mind, the mental health charity, recognises that. They've put a guide together on how to go about starting conversations with people you know and trust, which feels like a big step in the right direction.

In fact, Mind have a whole range of useful information about money on its ‘tips for everyday living’ section of its website. It’s laid out clearly, has a five step plan to help you get to grips with your money and faces up to the fact that for a lot of people, money is actually a really difficult thing to talk about.

The page also gives some useful advice on how to prepare for a phone call with a debt advice charity, or a meeting with your bank to help make the process less stressful and less intimidating.

 

For help on knowing your rights

Citizens Advice is a UK based organization that helps you people their head around the problems we might face in day to day life. It’s pretty good at letting you know your rights as (you guessed it) a citizen, and has a very comprehensive website breaking down some of the most common problems people have.

To be totally honest, the website can be a little intimidating when you first click on it. There’s a lot of lists of technical (and really serious sounding) words like “arrears”, or “bankruptcy”. But if you stay strong and keep looking for specific information, it can be really helpful.

If you’re looking to understand why your bank’s charged you for your overdraft, say, you just type that into the box on the homepage, and a summary of all the articles on the Citizens advice website comes up.

 

And when you're looking for advice on dealing with your debt

Stepchange is a charity designed to help people deal with debt problems. As well as having lots of online resources it can offer you advice that’s tailored to your situation, which is pretty helpful if the rulebook just isn't clarifying what applies to you. If you’re deep in debt it can set you up a free debt repayment plan so you pay all your debts off with one monthly payment.

Stepchange also runs something called Money Aware, which is a useful blog with tips and advice about how to avoid debt, which brings us onto…

Where to when you just want to manage your money better

There are lots of websites, magazines and newspaper sections that specialize in helping you save money in day-to-day life, the most famous are probably MoneySupermarket or MoneySavingExpert.

MoneySavingExpert is probably in the running for being the busiest, most difficult-to-read website ever. But somehow, it still draws hundreds of thousands of people to it. It's probably because of how vitally important the information they host is – if only they hosted it in a slightly more understandable way.

The site covers everything from getting you the best deal on your mortgage, to cheap cinema tickets. It’s constantly updated, really clear to read (once you get over the mad-busy homepage), and has some pretty helpful personal finance tips.

But for a more personal approach, there are also a lot of bloggers out there. As well as first-hand information about how to get by without spending loads of money, this-is-how-i-did-it style blogs prove that being skint doesn't mean you have to give up on having fun and staying healthy.

There's YoungMoneyBlog.co.uk which was launched by a blogger after deciding she should probably be a bit more organized about her spending and is now basically a fully-fledged personal finance site, while onepoundmeals.com has turned his instagram cooking tutorials into a career.

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Reader Comments

  • WhereAreTheVikings

    What a terrible, terrible shame. Western Civilization nurtured capitalism, and now capitalism is destroying it. And these young people seem to welcome the invasion of their homeland. The media and schools have been very efficient in wiping out all traces of blood and soil.

    • prollawalllynotahumanoid

      Capitalism isn’t the problem. It’s corrupt politicians taking bribes and kickbacks from Globalists and the Chinese.

      • WhereAreTheVikings

        Maybe I should have said crony capitalism. Although Italians importing Chinese to make “Italian leather” shoes is not crony capitalism. It is capitalism, pure and simple.

        • prollawalllynotahumanoid

          That would be crony capitalism and globalism combined. They aren’t concerned with the affect their policies have upon their citizens, the health and welfare of their society and culture or their economy. What it isn’t is fair-free trade to further national interests.

          • WhereAreTheVikings

            I’ve always seen them as one and the same, but perhaps they need to be named individually, just to bring home the point.

      • WhereAreTheVikings

        But now that travel is so easy and borders are virtually down through H1bs and the like, theoretically you can’t blame capitalists for the pursuit of cheaper labor, although I do heartily blame them not being more patriotic than that. Perhaps the emerging nationalism will force them to voluntarily do what they should have morally been doing all along, and that is employing business practices that preserve their countries and nationalities. The government should be doing everything it can to encourage that, to the extent that small government should do anything but guard the borders and strictly, drastically, limit immigration.

      • Henry Lam

        It is China with its corrupted mindset affecting the world.

        • prollawalllynotahumanoid

          No it is not. Capitalism is the fairest and least corrupt system of all.

          Socialism and communism is based on authoritarianism, coercion and police intimidation. It has and always will be rife with criminality, bribes and kickbacks.

          Corruption can be anywhere but it is the very basis of socialism and communism.

    • Henry Lam

      The government is too weak. They do not understand the mindset of communists and how they educate their people. Those communist people are only loyal to their country and could be dangerous. The immigration law should only accept those who accepted multiculturalism and taught from a democratic education system. This virus events clearly has shown how stupid to take China as a friend.

      • WhereAreTheVikings

        The government is not too weak. Just weak-minded about some things.

  • Gabi Rodrigues

    For how many days can a country maximum close their borders to foreigners maximum? Like now, with the virus, everyone is using 30 days. Can it be more?