Financial problems. Debt

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Description

Pru Greenwood and Rita Pike are two teachers who share their financial problems with a panel of experts to gain ideas on how to better manage their finances.The panel consists of Julian Stanley, Chief Executive of the Teacher Support Network; Sharon Gilbert, a financial advisor to the teaching profession; and Robert Latham, a senior counsellor working for Teacherline.Pru's debts have grown to unmanageable proportions. She wants to look at how to prevent getting into further debt in the future and she talks to the panel about the stigma of being a teacher in debt.Meanwhile Rita's earnings have dropped monthly by several hundred pounds due to her management allowances ending. She consults the panel on reducing her monthly outgoings and looking at the possible benefits she may be entitled to.