Moneymagpie.com founder encourages people to talk about debt relief

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Moneymagpie.com founder encourages people to talk about debt relief

Tue 9th Nov 2010

It is important that people talk about their debt problems, according to a source from Moneymagpie.com.

Founder of the organisation Jasmine Birtles claimed that it in the past individuals have tended to "suffer in silence", which can often lead to further issues.

She said: "For far too long people have kept their debt to themselves. British people have been very bad about talking about money at all."

Ms Birtles claimed many individuals may find their friends are in similar financial situations.

In her view, it can really help people to talk about such problems, particularly if it means a person can stop putting up a front and getting themselves into more debt.

The Moneymagpie.com representative suggested it is a very "healthy" thing to discuss money issues with friends.

Her comments were made in response to a survey by uSwitch that indicated 23 per cent of British adults are happy to talk about their debts, while 37 per cent are not worried about mentioning their salary to others.

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