MyWalletHero shares The Motley Fool’s dedication to making the world smarter, happier, and richer.
While as a company, we recommend investing Foolishly (note the capital F!) with money that you won’t need for at least five years, no-one arrives in that fortunate position overnight.
The MyWalletHero team is focused on helping readers with their personal finances from the very beginning of that journey.
We’re fully aware of the impact that money can have – being in credit card debt, for example, can be an emotional burden as well as a financial one.
At the beginning of 2020, the average credit card debt in the UK per household was £2,592. It’s a sad truth that often, those in debt are getting deeper in debt through interest charges.
That’s why one of the first pieces of credit card advice the MyWalletHero team suggests for readers in this situation to take is to seek out a 0% balance transfer card and buy some time.
MyWalletHero is a UK-focused personal finance site that gives guidance to help readers make well-informed decisions when it comes to their money.
As such, you’ll find product reviews, comparison pages, handy calculators, in-depth guides and a whole lot more across our website!
We want to offer solutions to readers’ problems; our editorial articles aim to help when people have turned to the internet to look into a financial issue, and from there we can guide them on a journey to financial freedom.
MyWalletHero is reader-focused – that means, while some offers on the site are from our partners, this does not impact our ratings. If a product isn’t any good, our rating will reflect that, or we won’t list it at all. Our commitment is to you.