In Britain we find it extremely difficult to speak about money. The truth is that a level of awkwardness shrouds almost all discussions with colleagues, family members, and friends on the topic. However, when it comes to speaking up about debt – whether that be confiding in someone, speaking to your lender or reaching out for free and impartial advice – it’s not so much awkwardness, but stigma. Our advisers see and hear every single day that people feel afraid to speak up about their difficulties for fear of judgement or criticism about a situation that’s so often out of the control.
Take our clients, Samit* and Louise*. Samit fell into debt after he lost his job. With his family in mind, Samit’s overwhelming priority…