
The big news in the field of personal finance and debt management this week has been the European Court of Justice's ruling that lower car insurance premiums for women drivers are illegal.
Even though male drivers' claims cost considerably more than female drivers', the ruling will mean higher car insurance premiums for millions of women across Europe.
With car insurance already at record levels, a hike in premiums could be the straw that breaks the camel's back for many families, pushing them into debt problems.
Figures released by LV= this week also revealed the true scale of the cost of raising children, showing how precarious life can be for families with financial difficulties.
The costs of bringing up children have risen by 4.5 per cent in the last year, the insurance company found.
Combined with other rises in essential household expenditure these rises create the potential for debt problems and the need for debt advice.
To that end, one price comparison site has urged homeowners to adopt water meters as a way of saving money. uSwitch.com claims that a meter will save the average household £56 per year as against paying water rates.

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