Release Date: 24-Jan-2019
Overspent over Christmas and worried about how you can pay your bills or rent?
We have a friendly team of money advisors who help tenants who may be in debt, need help with budgeting or advice on rent, finance and benefits. They have produced some top tips to help you manage your money this festive season -
Help and advice on managing your money
• Make a budget now and stick to it - it will help you manage your money and ensure you keep on track of your buying and spending.
• Join Moneysavingexpert.com - sign up for the free weekly email packed with simple advice on saving you money on utility bills, credit cards, bank accounts, holiday’s, insurance and provides the latest deals on a number of presents.
• Use free Cashback sites – if you are buying a gift on line click to the company via a cashback site and you get paid for doing it. The amounts range from a few pounds for retail items to over £100 for some mobile or broadband contracts.
• Register now for the Warm Home Discount Scheme –if you receive Pension Credit or are on a low income and meet your energy supplier’s criteria for the scheme you could get £140 off your electricity bill for winter. It will not affect your Cold Weather or Winter Fuel Payments. Contact your supplier today to check if you are eligible and can apply.
• Prioritise your bills – rent first to keep your home safe, Council Tax next – to prevent recovery costs being added, food and fuel to keep healthy and warm. Only after all essential costs are covered do you then pay loans/doorstep lenders etc. If you don’t have anything left then contact our Money Advice Team on 01484 414975 who will be able to help.
• Set up a monthly direct debit to pay your rent and utility bills. It’s a great way to manage your budget and is a safe and easy way to pay your rent saving time, spreading the cost and giving you piece of mind. To sign up to pay your rent by DD call us on 01484 414886 and we will do it all for you.
• Sign up to the Help to Save Scheme - Help to Save is a type of savings account for people in low income. It allows certain people entitled to Working Tax Credit or receiving Universal Credit to get a bonus of 50p for every £1 they save over 4 years.
For further details click on the link on the right.