The Government published a new incentive from the HM Revenue & Customs to help restaurants that are registered, recover from the pandemic. You must have heard of it by now…
‘The Eat Out to Help Out Scheme’
The Treasury said that diners used the ‘Eat Out to Help Out Scheme’ more than 10.5 million times in its first week! It puts the average claim at close to £5, making the cost of the policy around £50m to date.
In our last article we discussed mental health and debt, the response to the article was great. People could relate to Gary Peterson and found the information we shared really useful and comforting. So, we decided to catch up with Gary to see what his life is like since the pandemic lockdown was lifted.
He’s moving on…
Mental health issues and debt can go hand in hand and the Coronavirus pandemic has caused people a lot of extra stress and financial challenges. We are all in a similar boat and for some, they feel like they are sinking into the debt abyss, if you are one of them, you are by no means alone.
It is predicted that Britain is to suffer the worst damage from the Coronavirus of any country in the developed world according to a report from the Organisation for Economic Cooperation and Development.
Every life matters and every life is different but recently we have all experienced the same lifestyle restrictions because of the pandemic. For some, like NHS workers their lives have sped up but for the majority, it has slowed right down, so much so that sometimes we can’t even remember what day it is.
We are debt counsellors and we help people find the right solution to tackle their debt and get them back in control of their finances. The Coronavirus is destructive and it has tested us emotionally, socially and financially.
By now property owners should be well aware of the ‘three-month holiday option’ on their mortgage but what about things like renting a property, car finance or payday loans?
From Wuhan City in China came a virus of mass disruption – the Coronavirus.
**Please note there have been many changes since this article was written. For the most up to date information from the government go to https://www.gov.uk/coronavirus
Since December last year, we’ve seen it on the news, we are taking precautions but the availability of hand sanitizer is very limited. Toilet rolls are flying off the shelves in supermarkets and people are starting to wear masks over their mouths or plastic bags over their heads!
Apart from the costs of such items, how much will the Coronavirus cost you?
Do you run a business, will you still be able to function with less manpower due to illness or are you self employed? Life is a bit unsure at the moment so the best thing to do is educate yourself so you know your options just in case you can’t go to work.
When you look after your health it makes it easier to look after everything else in your life. That includes relationships, work and finances.
By staying physically fit it can help motivate you to stay financially fit.
Alcohol, health and spending…
Have you noticed how great you feel when you give up drinking alcohol for a while? Do you get more done and feel more in control of your life? Most probably…
Time is ticking by, let’s jump straight into our simple money-saving tips for this Christmas!
There’s no need to beat around the holly bush, let’s make this Christmas better than last Christmas with sensible living and spending. Give yourself a great start to 2020 by making your December as painless as possible.
Let’s get rocking around the Christmas tree with these simple tips…
Spend, debt, recover, repeat, does that sound familiar? Do you feel like a hamster in a wheel desperately trying to keep on top of your finances but getting nowhere?
A debt cycle is a very common problem.
Credit is now used on any number of things such as holidays, items for the home, clothes etc.