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Is Social Media causing Millennials to get into debt?
Extortionate rental prices, credit card bills, and student loans are making it difficult for millennials to save for their future retirement. However, there is a new threat that is impacting millennials financial growth and security – social media. Do you ever get envious of your friend’s social media feeds – jetting off to somewhere exotic, wearing new outfits each day, …
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The Long-Term Psychological Impact of Student Loan Debt
Higher education is now a requirement for most new job applications, but how does student loan debt impact university graduates? According to a study by the Institute for Fiscal Studies (IFS), three-quarters of graduates will never clear their student loan debt. High tuition fees and enormous student loan debt will leave many graduates paying back their debt well into their …
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New research: 62% of Brits ashamed to borrow money from family
Peachy’s new research shows that borrowing money is still a tricky topic, with 62% of us embarrassed to ask for money from friends and family, even when we desperately need it. Women are more likely to be embarrassed than men, with 70% of women saying they would be too embarrassed to ask for money compared to 54% of men. Both …
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8 money-saving tips we learned from our Dads
In honour of all the Dads out there, we thought we’d write something in recognition of all of them who have given us some invaluable money-saving tips that we should have used (and probably ignored!) growing up. Our Dad’s… We love them. We argue with them. We receive advice from them. And at some point, we’ve probably taken money from …
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It’s Peachy’s 7th Birthday!
It’s time for Celebrations! Peachy.co.uk has a 7th birthday on 6th of June and because of that we declare the whole June as a Birthday Month in Peachy. During the whole June we are going to give out Peachy’s gifts and there will be 7 lucky ones who don’t have to repay their loan. Just keep on reading to understand …
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New study finds Brits spending recklessly on summer holidays
With the onset of summer comes the beginning of UK travel plans. But, did you know that 40% of UK holidaymakers are not budgeting carefully and thus paying the price later? Alarmingly, 97% of holidaymakers don’t regret reckless spending on their summer holidays, leaving them with unmanageable debt once the summer is over. In April, we surveyed more than 2,000 …
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