General statements of falling levels of income ( www.bbc - 7.4% fall of income) or tales of 'growth' problems ( www.bbc.co.uk/ - pay and jobs growth slows ) and its not just the good old BBC that's at it; Reuters, The Independent, The Mail, they all seem to be regurgitating the same rhetoric.
It is a rather annoying fact that we as consumers will have to start watching what we spend more vigilantly, we will have to be more aware of what our income is doing. The fact that the number of Britons which are in serious debt is steadily rising. Over the last few years there has been a shocking rise in financial debt in public sector, personal finance, business, government, every level of the UK economy is finding more and more that it is in negative equity.
And so we find ourselves in the headwaters of what is touted as the double-dip recession. The pound in your pocket seemingly worth less and less as time passes. Every page on Google or Bing is flooded with depressing news and links to how and why you are getting poorer.
Don't let this just wash over you, don't try to simply ignore matters and 'Keep calm and Carry On' It is important to understand and work with your finances, talk to your banking advisor, talk to the Citizens Advice Bureau. Talk to whom ever it takes to be sure that you are clear one what is what when it come to your own money.
We at Jackson Partners can offer independent free advice on any money matters, If your concerned that you might be in any financial trouble talk to someone sooner rather than later, doing so can help prevent problems before they arise, a bad credit score can adversely affect you for much longer than you probably think.
