Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

British and American household debt had reached record levels, despite high employment, low taxes and historically low interest rates. In the UK, the TUC has called for higher pay rises to solve the problem, but we know that is not always the answer. If you cannot manage small amounts of money, chances are you will not manage larger sums. Unless you change your habits, that par rise or bonus will be blown on more stuff or another holiday before you even receive it. I cover more on managing money in my book on money, but in the meantime, here is:  THE M.A.N.A.G.E. D.E.B.T. SYSTEM – 10 TIPS TO GET OUT OF CONSUMER DEBT FOR GOOD: M.A.N.A.G.E. D.E.B.T. MAKE A LIST AXE NON-ESSENTIAL OUTGOINGS NEVER PAY THE MINIMUM PAYMENT ON A CREDIT CARD APPLY FOR A BALANCE TRANSFER CARD GENERATE EXTRA CASH ENTITLEMENT TO BENEFITS OR WELFARE SUPPORT DON’T IGNORE BILLS OR DEMANDS ENTER INTO AN ARRANGEMENT BE PROACTIVE AND ASK FOR HELP TAKE YOURSELLF OFF CONSUMER DEBT FOR GOOD Bonus Tips 1. Never use expensive payday lenders, u