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More than 4 million fear they`ll be made redundant Consumers took on more mortgage debt in July Debts called in by parents Teenagers `scared of debt` Rising household costs could pressure people in debt Pensions debt may impact workers` retirement funds Welsh young adults `at highest risk of debt problems` Over 50s can`t afford to enjoy retirement because of debts Budget: tackling the nation`s debt Short-term debt: `no need for price control` The cost of clearing debt Education debt Tackling the national debt Number of mortgage deals on offer exceeds 3,000 Almost 5 million take on debt to pay household bills OECD: household debt more than 120% of disposable income Petrol price falls help people in debt Amount of mortgage debt taken on at lowest level in ten years Northern Ireland sees significant IVA rise Overdraft debt `becoming more expensive`

Budgeting `helps couples avoid wedding debt`

10/07/2007

Following a budget can help wedding planners avoid overspending and prevent them from starting their life together with high levels of debt, it has been suggested.

Carol Richardson, PR manager for wedding planning website Confetti, said that a budget helps people "break down all of the elements" of the ceremony so some can be cut back if necessary.

Saving for a wedding is also advisable, she said, to avoid financial problems.

"Many people do choose to pay for their weddings themselves, so they usually save a little bit beforehand," she said.

"It is best to save as much as you can. It`s best not to start married life in debt."

A recent study by moneysupermarket.com found that more than 40 per cent of couples planning their nuptials had decided to use credit card debt to pay for the ceremony.

Meanwhile, the Conservative party is to unveil a proposal for tax breaks for married people, which could benefit those who are looking to tie the knot.

More than 4 million fear they`ll be made redundant 16/12/2010 - According to R3`s quarterly personal debt tracker, more than 4 Consumers took on more mortgage debt in July 26/08/2010 - Consumers took on £2bn more mortgage debt than they repaid Debts called in by parents 26/08/2010 - According to research, `the bank of Mum and Dad` is Teenagers `scared of debt` 19/08/2010 - Nearly two thirds of teenagers are `scared` of debt, according