As children across Northern Ireland return to school in the coming weeks, Advice NI is urging people to seek advice as many struggles to cope with the triple whammy of additional costs of summer holidays, the Cost of Living crisis, and the increasing costs of school uniforms.
In the first two months of 2022, Advice NI’s Debt service has already dealt with over £3.5 million of debt. It is concerning that the average household debt of our clients is currently £3,727.24, an increase of 21% since the same period in 2021.
“We had expected an announcement from Power NI following on from rises across the energy sector and unfortunately we may yet see further rises in all energy costs in the New Year,” said Bob Stronge, Chief Executive
Mindwise recently launched their Mental Health and Money Advice Service in Northern Ireland. It is part of the Mental Health UK’s two year charity partnership with Lloyds Banking Group in Northern Ireland.