Back from the brink

Date Published: 07-Sep-2007

A Galway man who was facing financial ruin and who managed to turn his fortunes around has set up a financial forum and advice website to help people with desperate money problems.Andrew Flanagan of Rockbarton Road in Salthill was living in England at the time he had a crippling debt burden and almost became bankrupt.“I had a mortgage to repay, was servicing loans, had huge credit card debt and it got to the stage where I even had to take out a loan to repay the mortgage — it was like a spiral that went out of control”. He eventually had to sell his house in order to escape the hopeless situation he found himself in.Now that he is back on his feet and financially sound again Mr. Flanagan has established a not-for-profit educational financial forum website, www.moneytalk.ie, aimed at people in need of financial advice.“When I was facing financial ruin I tried to get help and information but none was available to me. There was no help or good, sound advice readily available to people with money problems.“I decided to set up a website aimed at the average person on the street who…..

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