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Here's how a debt management plan can help you repay debt.
Catalogue £735
Loan £625
Credit Card £1,568
Overdraft £4,697
Total owed £7,652

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Current monthly payment: Term: 10 years (for credit card) £492
New monthly repayment:
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Latest Debt Management News and updates from Debt Advisory Line

Since when did romance cost the Earth?
Mon 25th Jan 10 - 17:05

Valentine's Day is fast approaching and whilst you want to do something special for the one you love, times are tough and you’re not able to spare a lot of cash.

But being truly romantic doesn’t need to cost a fortune and mean be the end of those good intentions to clear your debts, according to leading debt management company, Debt Advisory Line.

Mike Ransom of Debt Advisory Line, holder of the title of Debt Management Provider of the Year, said: “You can save money this Valentine’s Day and still show your loved one how much they mean to you! Many people are still feeling the pinch from overspending during the festive season so January debt is still having a strong effect. Booking a table at a swanky restaurant can be extremely costly and coupled with the fact that you won’t find much space to yourselves in a busy eaterie, it won’t prove to be the romantic gesture you dreamed of!”

Debt Advisory Line has compiled some simple but effective money saving advice to help people make the most of Valentine’s Day without ruining their well thought out budget plans.

• Meal deals and money saving offers - keep an eye on restaurant and supermarket meal deal offers – vouchers are always available to download on money saving websites offering ‘buy one get one free’ meals or two courses for as little as £10 so keep an eye out. Many supermarkets are also doing a three-course Valentine's dinner for two for £10, as well as money off selected champagnes and sparkling wines.

• Cooking for your Valentine – who doesn’t appreciate a home-cooked meal, especially if you make your Valentine’s favourite dish? Eating at home saves money over eating in a restaurant and can be more romantic. Fill the room with candles and enjoy a bottle of wine.

• Breakfast in bed – this is always a nice treat and what better way to spoil your Valentine than cooking a delicious breakfast to start the day. This year Valentine’s Day falls on a Sunday so it’s a good excuse for a lie-in and a lazy morning.

• Think outside the box – roses are a traditional Valentine’s gift but are pricey. Carnations, Chrysanthemums, Snow Drops, Lilies, Freesia and even rarer choices like a nice bunch of lavender or anemone are less expensive and make a unique gift.

• As a symbol of your growing love plant a shrub or a rose bush in the garden and watch it grow together throughout the year.

• Make something! - create your own poem, or if you sing and play an instrument - create a song!

• If Valentine's Day does matter to you, then it doesn't have to be all hearts and roses – instead of splurging money on chocolates and cards surprise your other half by buying them something you know they already want and will appreciate more if you get it as a gift.
 
• If it's raining on Sunday that romantic walk might be called off, but there are plenty of places you can go where you don't have to pay to get in. Look into art galleries and museums near you and maximize the benefits of memberships already paid for such as leisure centres, and stately homes within the National Trust.

See www.debtadvisoryline.co.uk  

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