Credit Crunch: Budget Britain

As the credit crunch continues to take hold of our finances, an increasing number of Brits are taking more time to plan their personal finances, in order to keep their debt management under control.

Recent findings from Co-operative Life Planning has found that almost three quarters of us (74.1%) are planning our finances more, as an exact result of the credit crunch. Over half stated that they spend between 15-30 minutes a day dealing with money issues, such as budgeting or preparing for events which will cost money.

Managing direct of the unit, Ian Mackie, said: “Planning ahead for all life events is evidently becoming increasingly popular”.