Leading Debt Management Company Sponsors 'Money Abuse' Book

February 2008

EuroDebt supports publication to reach young adults before they get into debt

Leading debt management provider, EuroDebt, is demonstrating its commitment to raising awareness on the issues surrounding money and debt by sponsoring Philip Evans new book, 'Money Abuse'. Aimed at young adults, 'Money Abuse', covers a range of topics, from shopping and budgeting through to ID theft. The book offers clear advice and guidance on staying out of debt and explains how people can manage their finances.

"By sponsoring this book, EuroDebt hopes to help young adults avoid making poor choices that could leave them struggling with debt", confirmed Richard Bramham, Managing Director, EuroDebt Financial Services. "This demonstrates our commitment to educating people on the issues surrounding credit and debt. In particular we are keen to stop the cycle of debt by targeting young adults who will be tomorrow's consumers. We want to help keep them from developing bad habits."

'Money Abuse' offers a clear and concise guide to money and debt management, written in a way that will appeal to young adults. The book features a guide to budgeting, how to choose current and saving accounts and explains things like APR and the difference between credit and debit cards. From making sure they are paying the right amount of tax to prioritising rent and bills over the latest CD or ringtone and coping with peer pressure, 'Money Abuse' provides expert advice to help young adults create a successful future for themselves.

Philip Evans has been teaching personal finance since 2002. He works mainly with teenagers, visiting schools and learning centres to help young people on vocational courses. He writes and lectures widely on personal finance, debt and related social issues. He said, "Money Abuse is using money in ways that are against your own wellbeing, so it's as important to teach right attitudes towards money and credit as it is to explain the technical skills needed to manage bank accounts and credit cards. Almost everything in life today has a price tag and if young people handle their money well they increase their chances of living the way they want and fulfilling their ambitions."

To speak with Philip Evans call 0208 319 8888

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