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'I got into £15k of debt just to send my daughter to nursery'

EXCLUSIVE: With the cost of living crisis showing now signs of slowing down, OK! investigates the debt gender gap and looks at the ways that people can take action if needed

For Charlie Taylor-Castanheira, 27, the cost of childcare means that she’s having to take on £15,000 of debt to afford her daughter’s nursery fees while she attends university to pursue her dream of becoming a barrister. “We’ve seen this situation worsen in recent years, with our clients who are women taking a greater hit to their budgets than men due to the cost of living crisis,” said Simon. You can then develop a budget that allocates enough to cover bills and debt repayments, as well as essential expenses like travel, food and clothing,” said Maxine McCreadie, personal finance expert at Creditfix.

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