The UK was in the grip of a credit crunch for close to three years, and in these many people did in fact try to put out less money.

Those , who had previously spent a lot on groceries each week, took the step of shopping at the bargain super markets which offer good value.

Shopping in the bargain super markets was not a sacrifice, as these cheaper shops are just as good, and offer very good produce at a cheaper price.

Many who had always opted only for fresh food of all kinds, including meat and vegetables, decided to move to frozen food instead, and stores such as Farm Foods found themselves busier than usual.

The sales of ready meals went up with people purchasing them rather than going out for a once a week treat to a nice restaurant.

Therefore a pizza and ready made garlic bread was eaten as a treat instead of the quality restaurant food of steaks with sauce eaten after a delicious starter

Many people totally gave up going on holiday or went on a much less expensive one, such as a holiday to Blackpool or a caravan park in the Lake District.

People were happy, or at least willing, to cut back to save a little money while they did nothing to make big changes.

They really believed that the end of the recession would restore normality back

The recession is over well over as regards the passage of time but it is still obvious that finances will not change by themselves any time soon and so it is time to do something to cut back on debts.

Debt consolidation by a remortgage or a secured loan are available and should be applied for now.

Remortgages and secured loans, which are both forms of home loans, form debt consolidation which means that one low interest monthly remortgage or secured loan payment replaces the other large number of credit cards, personal loans, etc.

Want to find out more about debt consolidation, then visit Champion Finance’s site on how to choose the best remortgage for you.