Media comment: Money Advice Service responds to Action for Children report ‘The Next Chapter’

Responding to a report published today by Action for Children on the financial difficulties young parents face, Michael Royce, Policy Manager at the Money Advice Service commented:

“With the cost of household bills continuing to rise across the UK, and the current flexible employment landscape means that this generation are earning less at this stage in their life than previous generations. This can be particularly tough for young parents. Managing money on a budget can be difficult for most people, the key is don’t suffer in silence. Seek advice and guidance early from family, friends or local support agencies, or through helplines, web chat or online. The Money Advice Service have a range of guidance pages on the website to help with day to day financial challenges, and our handy budget planner tool can be used to help keep costs at a minimum”.

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