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:11/30/2016)... and WARSAW, Poland , Nov. 30, 2016 ... is one of the most crucial aspects of recovery so we need to do ... serious health risks, including heart problems, high blood pressure, stroke, diabetes, and even cancer. ... friends sleep and find a Christmas present that could help them to manage their ... ...
(Date:11/29/2016)... 2016 Nearly one billion matches per second with ... ... DERMALOG is Germany's largest ... Identity Management. (PRNewsFoto/DERMALOG Identification Systems) ... DERMALOG is Germany's largest Multi-Biometric supplier: The company's Fingerprint Identification System ...
(Date:11/22/2016)... Minn. , Nov. 22, 2016   MedNet ... supports the entire spectrum of clinical research, is pleased ... Medical LiveWire Healthcare and Life Sciences Awards ... award caps off an unprecedented year of recognition and ... trials for over 15 years. iMedNet ...
Breaking Biology News(10 mins):
(Date:12/6/2016)... -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ... of its previously-announced cash tender offers (the "Offers") ... accrued and unpaid interest to, but not including, ... expenses related to the Offers) (the "Maximum Tender ... table below (collectively, the "Notes"). The terms and ...
(Date:12/5/2016)... 5, 2016 Axovant Sciences Ltd. (NYSE: ... on the treatment of dementia, today announced that data ... of Alzheimer,s disease will be presented at the 2016 ... December 9, 2016 in San Diego ... both simple and complex measures of activities of daily ...
(Date:12/5/2016)... , December 5, 2016 ... "Cell Expansion Market, by Products (Consumable, Instruments, Automated ... (Regenerative Medicine and Stem Cell Research, Cancer, and ... Institutes, Cell Banks) - Global Revenue, Trends, Growth, ... Scalar Market Research, the global cell expansion market ...
(Date:12/5/2016)... -- Research and Markets has announced the addition ... Markets and Companies" to their offering. ... , , ... genome variations, development of sequencing technologies, and their applications. Current ... developing them. Various applications of sequencing are described including those ...
Breaking Biology Technology: