People who are undecided about financial decisions such as taking out personal loans should trust their gut instincts, according to one TV presenter and life coach.
Georgina Burnett said it is possible to make "emotional" financial decisions when we have a real desire to save or spend money, and it is important to make sure the route we take is the one we feel most comfortable with.
"It's maybe not readily available to you in your conscious mind, but actually tapping into that gut instinct when you're making financial decisions or when you're looking at working somewhere can be very important," she explained.
Last month, the Finance and Leasing Association reported that the take-up of personal loans increased for the second consecutive month in December.
However, the organisation noted that this increase was against a very low base in the final months of 2009, and overall consumer credit fell by ten per cent during 2010. |