The soaring cost of living is having an impact on household budgets across the country, with many people concerned about how they are going to put food on the table, pay their escalating bills or heat their homes come winter.
We have always been committed to supporting you with free money guidance when you need it; and now, more than ever, we want you to know that you are not alone if you are struggling.
We can help you manage your money if your circumstances change, if you’re finding it tough to make ends meet, or things are feeling overwhelming.
We know it can be difficult to ask for help, but don’t wait until it’s too late - by taking action you can get back on track while also boosting your money confidence.
Our dedicated team has five ways to help you take control:
1: Check your entitlements
See if you’re eligible for extra help and benefits, such as Universal Credit, Pension Credit and Carers Allowance by completing a benefits check. Our free benefits calculator is independent, accurate, reliable, and your details will be kept completely anonymous.
2: Review your household budget
Use a budget planner to go through everything you spend. This includes not just your regular bills but all expenses, such as haircuts, pet food and clothes. A good way is to keep a daily record to track where every pound is being spent - those small amounts can quickly add up. Why not try this useful online budget planner from Money Helper?
3: Get the best deals
From energy to food, water to phone and the internet packages, ensure your supplier is offering you the best deal. It’s worth using comparison sites or shopping around for cheaper tariffs, which can help you make savings. Remember, it’s vital you speak to your provider if you are experiencing difficulties meeting costs.
4: Don’t wait until it’s too late. Take action on debt
If you have bills or borrowing that you cannot afford, it is important you get free, independent debt advice. A debt advisor can help you get some breathing space to manage your situation better and work out with you the best way forward. We are partners with StepChange, who provide free expert debt advice and can recommend solutions to suit your situation. If you are having difficulty paying your rent, please don’t delay in getting in touch with us.
5: Get the extra help you need
We also offer guidance on jobs and training, such as preparing your CV, job searching, training, apprenticeships, grants and starting up your own business. We also can help you master digital skills and can provide equipment, so you can get online safely and securely.
To find out more about each of these steps, head over to our money guidance page, where we have an abundance of helpful information.