Financial expert Owen Woodley has started a new blog in a bid to offer advice and reassurance to people concerned about how the current economic climate is effecting them.
Mr Woodley, who is Deputy Chief Executive of Moneyway ( http://www.moneyway.co.uk ), decided to draw on his experience within the banking world to benefit people who were worried, but reluctant to seek advice from their own bank manager.
http://www.Askowen.co.uk offers free, impartial advice & support, and will allow it’s readers to submit questions about their own personal circumstances situations, plus they will be able to share money-saving tips with the site’s other readers.
Owen said: “To say that people are worried about the future is a bit of an understatement. Everyday we hear about falling house prices and [negative equity], about redundancies and spiralling bills.
“People are worried about the implications, but they don’t want to ask for a meeting with their bank manager to ask his or her opinion and advice on what provisions and improvements they can make, a face-to-face discussion can be a daunting prospect, especially if you are struggling.
“The point of this [blog] is that people can ask for advice directly from me, or discuss their own tips.
“This isn’t a service aimed at Moneyway customers, and it’s not a way to push Moneyway’s services. It is about trying to offer reassurance and advice in a time of difficulty, which everyone has some need of at some point,” he said.
Owen started his career in corporate banking in London, followed by a number of years running parts of the Barclays businesses in Africa.
More recently, Owen was Regional Director for the 450 Barclays and Woolwich branches in the Midlands and in London.
He joined Secure Trust Bank in 2006, as it was re-branded Moneyway.
Owen added: “If the site does nothing more than prompt people to switch to a more economic fuel provider, then it has still helped people to think about where they can make savings and to take action.
“Banks are all over the news at the moment, and one of the reasons I came to Moneyway was because it prides itself on having the human touch, being simple and transparent, and being experts in its field – and those principles are more important now than ever before,” he said.
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