The Endowment Diary

The Endowment Diary

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The Endowment Mis-selling Debacle - one of the UK's worst financial scandals

Monday, January 17, 2005

Waste Not Want Not

Waste Not Want Not

It is not the place of this site to lecture people on what they should do with their endowment compensation, if they are lucky enough to receive some.

However, I must admit to being more than a little concerned to read that some people; instead of using the compensation to reduce their outstanding mortgages, are in fact "blowing it" on holidays and consumer items.

The full story is in the Sunday Herald.

This is, in my humble view, a very stupid thing to be doing.

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