Our friends at Money Helper have lent us their budget planner, try it for yourself. You can choose from a top-line or more detailed breakdown view of your spending, so you can feel in control about where your money's going.
Using the right type of credit can help you deal with unexpected hurdles, such as having to buy a new fridge or washing machine. But there are things you need to think about to make sure you’re making the right decision.
Save Money on Household Bills
Despite the cost of household bills continuing to rise across the UK, cutting costs is easier than you think. And the average household can save hundreds of pounds each year by following our tips.
Building a good credit score is important because it can affect your ability to borrow money or access products such as credit cards or loans. You can check your score for free and if it isn’t in the best shape, there are things you can do to improve it.
Struggling to Pay Bills?
Paying your bills on time is essential. If you don’t, you could fall behind with payments and that can leave you in debt, affect your credit rating and even risk you losing your home. Find out the best ways to pay bills and tips on what to do if you’re struggling.
Universal Credit is a benefit to support you if you’re working and on a low income or you’re out of work. Read how Universal Credit is different from existing benefits, how much you’ll be paid and how to apply for it.
Claiming Tax Credit
Working Tax Credit is designed to top up your earnings if you work and are on a low income. This is being replaced and people now claim Universal Credit instead. If you get Working Tax Credit, find out how this change affects you.
Renting is a significant financial responsibility, and it’s important you understand this goes beyond just your rent payments. There are a lot of other costs you need to think about.
Mortgage Affordability Calculator
When it comes to mortgages, you want to find that balancing act of borrowing enough for your home, but not too much that the repayments become a problem.
Mortgages are some of the biggest commitments you’ll make in your financial life. And with all the options, it can be hard to work out what they’ll cost you.
If you’ve been living together as a couple and then separate, you have fewer rights than couples who divorce or dissolve their civil partnership. Read more on this topic.
Having a Baby
There are lots of benefits and entitlements available when you’re pregnant or have a baby. You also qualify for benefits if you’re pregnant and unemployed or on a low income.
If you’re being made redundant, or think you might be at risk, there are some steps you need to take.
Benefits when you’ve lost your job
If you’ve just lost your job, you might be wondering what out-of-work benefits you’ll be able to claim. The benefits available depend on how long you were working for, your National Insurance contributions, how you left your job, and your household circumstances.
Caring for Someone
Caring for someone can take its toll on your physical and mental health, social life, career and relationships. Taking time out to look after yourself is important if you’re to continue supporting yourself and the person you’re caring for.
Illness and Disability
If you’re facing a health problem, your finances may be the last thing on your mind. But to avoid money worries building up, try and sort out your money situation as soon as you can. You might be entitled to sick pay, sickness or disability benefits.
There are lots of things to think about if you're planning to save. Is it better to save or invest and what type of account should you choose? This page explains the basics of saving, like how to get started and get into the saving habit, and whether you should pay off debt or save.
Saving up for something special? This savings calculator can help you put a plan in place to grow your piggy bank.
Future you will thank you for saving into a pension – but if you’re new to thinking about retirement, read more.
How much do you need in retirement and how much are you going to have? Those are the questions the pension calculator will help you answer.