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Fiscal new year's resolutions needed, says expert
12/12/2006
 Britons need to make some fiscal new year's resolutions, an internet financial expert suggests.
By addressing financial issues this month, the nation's consumers can avoid a ten-year Christmas hangover, according to Robert Kenley, head of credit cards at moneysupermarket.com. One new year's resolution should involve transferring existing debt into a zero per cent balance transfer card, Mr Kenley indicates. He also advises consumers to pay off this year's Christmas spending before buying festive gifts in 2007. "The key benefit of a zero per cent deal is that all of the monthly repayment goes towards clearing the outstanding balance and therefore the debt can be cleared much quicker," says Mr Kenley. By making changes to their financial situation, consumers can ensure they have some money left for extra presents in 2007, he concludes. According to research from unbiased.co.uk, sorting out finances is a priority for many people making new year's resolutions.  Click here for more on London's best events and Christmas parties.
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