The Synergence Account™

Case Study: How the Synergence Account™ Helped Mr Robertson

Previous Situation:
Mr. Robertson lives with his wife and newborn son and is employed as a Sales Manager for a pharmaceutical company with a take home salary is £1,750 per month. In addition to this if Mr. Robertson hits his monthly sales targets then he receives a bonus of £250 on top of his salary.

As Mr Robertson’s job requires him to travel up and down the country he tends to work very long hours and therefore this reduces the amount of time that he would like to spend with his family. Due to his work and family commitments Mr Robertson has limited time to focus on his day to day financial commitments such as paying bills on time and managing his credit card balances.

Unfortunately, this often led to Mr Robertson being charged late payment fees and because he was simply paying the very minimum contractual payments on his 3 credit cards via direct debits, this meant that his credit card balances were barely reducing as most of his payments were used solely to service his credit card interest charges.

Although Mr Robertson understood that he was losing money because of his lack of attention towards his finances the fact that he had very little spare time to focus on this important task meant that he never got around to actually sorting out his situation for the better.

Present Situation:
Mr Robertson now has greater control over his financial commitments. After being referred to Breathe by a friend and becoming a Synergence Account™ client, Mr Robertson now enjoys the following benefits:

	The convenience of having one single monthly payment to cover all financial commitments.
	A personal credit card balance reduction plan to reduce outstanding balances and to pay the least amount of interest across any credit cards.
	Allocated monthly payments to a high interest savings account to enable a regular saving discipline.
	A Personal Account Manager to assist with any day to day queries and to monitor and update account changes.
	An In-depth monthly account statement that captures all of the account and transaction information in a single page format.
	Secure 24 hour internet access for the Synergence Account™.
	On-going money saving advice and fast track introductions to relevant money saving or related partner organisations.
	Monthly newsletters / HTML emails and SMS text messages to help keep on top of important money related issues.