Aaaah, summer. Long, golden days of sunshine, relaxation, and trips away. At least, that’s the idea. In reality, there are also possible debt traps lurking to trap the unwary. Here are a few of them, and steps you can take to try to ensure you don’t end up with a summer debt hangover.
First, there’s the school summer holidays. As a child, you feel those six weeks will last forever. As a parent, you may feel the same, but without enthusiasm for the financial consequences. What with the potential costs of additional childcare, extra food and entertainment, you can soon find your normally balanced budget swinging out of kilter.
It pays to see what’s on offer in your area at low cost that can help. Many local authorities,…