While the festive season is a time of joy and celebration for many, it often brings financial strain for families already grappling with the cost-of-living crisis. In December, household spending typically rises by an average of £713 – an eye-watering 29% increase compared to other months. This seasonal surge can lead to significant stress, underscoring the widening gap between the holiday cheer and the financial burdens it imposes.
To help, a new tool is offering hope to those struggling to manage their finances in London. SuperFi, an innovative app designed to identify early signs of financial distress and prevent problem debt, has officially launched. The app provides incentives like cashback rewards to encourage timely bill…