Eliminate debt

Some families may be having to contend with debt issues during the early weeks of the new year due to overspending towards the end of 2010, an expert has suggested.

The guidance offered by impartial debt charities might prove useful to people in the UK who are experiencing financial problems at the moment, it is suggested.

A total of 21 per cent of new retirees could face debts this year, it has been suggested, with 14 per cent unsure as to whether they will be taking such payments into their retirement.