Despite the fact that she had lost her work due to the epidemic, this woman couldn’t stop spending. After that, she did this.
Bron Davies lost her work as a result of THE PANDEMIC, yet she continued to waste money on “frivolous” internet spending. This is how she managed to turn things around.
MoneyHelper, a free, government-funded financial advising service, is assisting people like Bron in regaining financial control. Help is simply a phone call away, so don’t lose out on this opportunity to get your finances back on track.
Bron Davies, a 25-year-old Cardiff resident, went to MoneyHelper after losing her £25,000-a-year theatre job in August of last year.
She was obliged to leave her flatshare and return to her parents’ house.
Despite finding a new work in public health that earned £7,000 less, she continued to spend like she had previously, using credit cards and Buy Now Pay Later programs such as Klarna.
“I was acting as though I had all that money when I didn’t,” she explained.
Millions of people are in a same situation.
Bron chose to reclaim control of his finances by enrolling in MoneyHelper’s free online program, Couch to Financial Fitness.
This provided her with the direction, encouragement, and drive she needed to make a difference.
“It gave me excellent advice and suggestions on how to better manage my money and cut down on frivolous spending, particularly while buying online.”
Anyone who is having financial difficulties should join the program as well.
Bron now gives herself a cooling-off period before purchasing anything on the internet, and she is determined to avoid reverting to old habits. “Now it’s only a matter of willpower.”
After losing her work due to the pandemic, single mother Josie from Plymouth went to Buy Now Pay Later to provide for her two children.
MoneyHelper connected her with a free debt counselor to assist her in repairing her finances. Josie, 27, stated, “I’m now trying to be debt free in 18 months.”
MoneyHelper replaces the Money Advice Service, The Pensions Advising Service, and Pension Wise, which were all state-funded advisory services.
It offers free money and pensions advice over the phone, online, and in person. To access it, call 0800 138 7777 or go to MoneyHelper.org.uk.
As furlough and other support measures expire, Caroline Siarkiewicz, chief executive of the Money and Pensions Service, said, this is a critical period for the nation’s personal finances. “Managing our finances can be intimidating at first, but now is the time to get started.”
MoneyHelper does not provide independent, licensed financial advice. “Brinkwire News in Condensed Form.”