As the ongoing cost of living crisis is forcing many households to make difficult decisions, City of York Council and partners are holding Talk Money Fortnight, 30 October – 11 November.
For some, pay rises are easing the cost of living. Mortgage holders and tenants are relieved that interest rate rises are on hold. However, higher interest rates have added pressure to many businesses, leading to job losses which are expected to increase further. Food prices and fuel costs are continuing to rise making it more difficult to budget.
To support people through this worrying time, a partnership of money experts has come together again to host Talk Money, a fortnight of activities, events and signposting to resources. Together, they’ll be supporting residents to maximise their income, manage household budgets, stay on top of bills and payments, cut costs and advice on building up savings.
To help meet still-rising expenses, households are urged to check if they are eligible for any benefits or allowances to maximise their income. This could include Pension Credit which is available even for those who own their home and have savings and brings additional benefits. It includes applying for free school meals too which bring further help with uniforms and extra money to support your child’s schooling.
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