On an episode of Loose Women, Ruth Langsford spoke openly about her personal struggle with debt as a young adult, revealing how she got into trouble with multiple store cards. She recounted how the allure of "buy now, pay later" schemes led her to accumulate debts that became unmanageable with her first job's salary. Ruth's story took a turn when her bank manager intervened, cutting up her cards and arranging a loan to consolidate her debts, a move that taught her the importance of cash and budgeting. The conversation on the show also touched upon the broader challenges families face with financial management, especially with the rising cost of living.
Read the full article here.