Gosling's Grouse: Debts of despair

GOSLING'S GROUSE

clock

Now, I am a personal finance journalist with over 25 years' experience (well that is what it says on my CV).

So when my eldest daughter was referred to the Money Advice Service I did not know whether to laugh, cry or hide my head in embarrassment. I supposed I should be thankful to the Halifax for writing to her to suggest she goes and gets advice for her debt problems. After all she is a student and they are all in debt- and her debt is the massive sum of £220. No wonder this country lost its AAA rating with problems like this. And why was she referred? Not because she has no means (she has a three day a week job while at university). And not because I have refused to guarantee the debt....

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

7IM's Ben Kumar: When behavioural biases are not all they seem

7IM's Ben Kumar: When behavioural biases are not all they seem

Investment identity more important

Ben Kumar
clock 02 July 2025 • 3 min read
Aegon AM launches UK-domiciled global income fund

Aegon AM launches UK-domiciled global income fund

In response to client demand

clock 27 June 2025 • 1 min read
CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

CCLA's Charlotte Ryland and Joe Hawkes: How to position for the end of the 90-day tariff pause

Focus on quality

Charlotte Ryland and Joe Hawkes
clock 26 June 2025 • 4 min read
Trustpilot