One in four needs a financial plan, warns debt charity

Aaron Strutt Image

Financial planning will be crucial for households if they are to avoid falling into difficulty in 2012 and beyond, debt charity Consumer Credit Counselling Service (CCCS) has warned.

Their findings are the result of a survey by the Institute of Financial Planning, which says that one in four Britons (26 per cent) are not setting a clear enough budget to stick to each month.

CCCS is particularly concerned about the 6.2 million households identified as “financially vulnerable” and highlights the importance of financial planning.

23 November 2011

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