MoneySolve Calls for Debt Education

By Moneysolve, PRNE
Sunday, March 7, 2010

MANCHESTER, England, March 8, 2010 - Debt advice(www.moneysolve.co.uk/) specialists at MoneySolve are
calling for improved debt education for adults in the United Kingdom. The
call comes after the Government recently announced plans for money management
classes in schools as part of the National Curriculum. While experts at
MoneySolve believe that this is an excellent move, they also believe there is
still a gap in educating adults, commenting that:

"Educating children about money and budgeting is a wonderful move and is
excellent news. But this doesn't address the issue of the adults who have not
had any of the same sort of help. We speak to people every day who are in
well over their heads with excessive debts. Sometimes it's people who know
exactly what they need to do and are seeking something specific, such as IVA
advice(www.iva.org.uk/). But on many occasions, we're dealing with
consumers who have no idea of the options available to them and are in a
panic wondering if there even is an option for them."

The specialists at MoneySolve also believe that a back to basics approach
with general money management could lead, in the long term, to a more
financially savvy Britain.

"We just assume that people should know all about balancing their
finances, budgeting, saving and so on. But personal finance can be complex
and if we don't actively offer people the opportunity to learn, how can we
just automatically expect that everyone will be in perfect control of their
money? If we realistically want to see Britain's population in perfect
control of their bank accounts, then there has to be some sort of help
available to those who are struggling to budget their lives."

For more information, please contact : MoneySolve, Elizabeth Beesley, Astute House, Wilmslow Rd, Handforth, Cheshire SK9 3HP, +44(0)1625-544789

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