So the budget has come and gone, or has it (?)  The government tell us that we will all be affected in one way or another.

The real affects may not be experienced until later this year but with certainty Q1 2011 when VAT increases.

With Christmas already in some people’s minds, will the increase encourage limitless spending on credit cards during the run up to the festive season, in an attempt to beat the vat increase?  Only time will tell.

The real cost of credit and the need to make regular repayments, for  some, will of course be felt now, certainly if ones finances are already in a shaky situation so, it might be that a spending spree will tip a lot of personal finances into even greater difficulty.

If you think you might be in debt now or you think your heading that way, why not call us now for a non judgemental chat. It won’t cost you anything at this stage, but it might help you feel a little less stressed.