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Brits urged to be resourceful in current economic climate

Expert advises Brits to consider ways in which they can stretch their finances further

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24 January 2012

Brits urged to be resourceful in current economic climate”

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Britons have been encouraged to be increasingly resourceful in the current economic climate in order to make ends meet.

Rasheed Ogunlaru, life coach and motivational speaker at rasaru.com, urged UK consumers to consider ways in which they can stretch their finances further in order to ride out the current financial situation.

He said: "It's increasingly important to be resourceful in [economic] climates like these. For many young people nowadays, saving money and the job market may be tough, [so] it is important to think about ways you can move yourself forward."

Mr Ogunlaru gave examples of certain situations in which finances could be stretched, such as enlisting the help of friends to decorate a new property rather than paying for a professional job.

A recent study by The Bank of England revealed that British households have around £46 less a month to spend, representing the fifth successive year that disposable income has fallen.

Posted by Sarah Nyman

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