Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Loan charges: Teach children about money, expert says

So that they do not end up experiencing loan charges in later life, it could be a good idea to teach children about financial issues from a young age.

According to Kim Stephenson, occupational psychologist and founder of online resource Taming the Pound, children who are taught about money grow up "more able to cope with life".

"Teach them to defer gratification, structure experience for them so they understand that decisions and actions have consequences, and start them early," he said.

Mr Stephenson also offered some tips on good money management.

He said that people should set out their goals and priorities and realise that they cannot have everything they want.

"What things do you want and need ... Use your money as efficiently as possible to get those, then set goals to get other things you don't want as much."

His comments follow research by Halifax showing that children in Harpenden have the highest average savings balances in the UK.

Jennifer Haines

Jennifer's speciality knowledge is credit card changes and balance transfers.
 ADNFCR-2776-ID-800620735-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide