Navigation Links
Lacking Finance Education to Blame for Rising Insolvency?
Date:4/27/2010

MANCHESTER, England, April 27 /PRNewswire/ -- Debt advice specialists at MoneySolve believe that the record level of personal insolvencies that occurred in 2009 is, in part, down to a lack of financial management and debt education.

More than 134,000 people became insolvent during 2009, by entering into an IVA, Debt Relief Order or bankruptcy and many more continue to experience severe financial difficulties. Experts at MoneySolve believe that by increasing education at every level in the field of financial management and debt could reduce this number, commenting that;

"People come to us every single day seeking IVA advice or just to ask us exactly what their options are. These are people who simply do not know how to resolve their financial problems. Last year saw huge numbers of personal insolvencies and while the recession and the resulting job losses played a part in this, we cannot underestimate the role played by little or no finance education. Money management is a basic life skill that we all need but that we're never formally educated on and this has to change if we're to realistically tackle the personal debt problem."

The Government recently announced compulsory financial education in schools for children aged 5 – 16, before making a disappointing u-turn on that policy this month after failing to get the support of the opposition party.


'/>"/>
SOURCE MoneySolve
Copyright©2010 PR Newswire.
All rights reserved

Page: 1

Related biology news :

1. Recommendations for childrens exercise lacking say experts
2. Educational historian looks at origins of the culture wars
3. Insects and sex: Educational help from the museum
4. Physical education teaching staff play key role in making you like sport
5. UT Southwestern receives $700,000 from HHMI to promote medical education of Ph.D. students
6. Indiana U. at APHA: Studies about health education for people with ID, stability balls at work
7. Biologists, educators recognize excellence in evolution education
8. Multicultural education focus of new UOG publication
9. Television has less effect on education about climate change than other forms of media
10. New collaborative center to provide education, research on temperate rainforests
11. Formal education lessens the impact of Alzheimers disease
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/23/2017)... report "Gesture Recognition and Touchless Sensing Market by Technology (Touch-based and Touchless), Product ... by MarketsandMarkets, the market is expected to be worth USD 18.98 billion by ... Continue Reading ... ...      (Logo: http://photos.prnewswire.com/prnh/20160303/792302) ...
(Date:3/22/2017)... , March 21, 2017 Vigilant Solutions ... serving law enforcement agencies, announced today the appointment of ... director of public safety business development. Mr. ... enforcement experience, including a focus on the aviation transportation ... most recent position, Mr. Sheridan served as the Aviation ...
(Date:3/13/2017)... HAMBURG, Germany , March 13, 2017 Future of ... ... DERMALOGs Face Matching enables to match ... characteristics forms the basis to identify individuals. (PRNewsFoto/Dermalog Identification Systems) ... DERMALOG,s "Face Matching" is the fastest software for ...
Breaking Biology News(10 mins):
(Date:4/27/2017)... ... 2017 , ... Mitotech S.A, a Luxembourg based clinical stage biotechnology company, announced ... is a rare devastating genetic disease that leads to a sudden and rapid loss ... 20 patients carrying 11778, 14484 and 3460 mutations and having experienced the onset of ...
(Date:4/27/2017)... ... April 27, 2017 , ... ... rebrand and a name change to Fluence Analytics. , Fluence Analytics ... of polymer and biopharmaceutical manufacturing processes and R&D applications. The company’s patented ...
(Date:4/26/2017)... CALIF. (PRWEB) , ... April 26, 2017 , ... ... Lajollacooks4u, San Diego’s premiere team-building and cooking events company, offers one-of-a-kind gifts, ... , Menus specialize in California cuisine, and guests leave inspired with new ...
(Date:4/26/2017)... ... April 26, 2017 , ... NextSteps 2017, NetDimensions’ annual global ... this May on the following dates: , ?    London, UK from May 10-11, ... Learning and Performance Institute will be the opening keynote speaker at the ...
Breaking Biology Technology: