Do one thing to get your finances in shape
With the current cost of living support due to end in March 2024, now is the time to take control of money. The one thing to make the biggest difference is to make sure that you are getting all the income and benefits you’re entitled too.
To help you feel comfortable and in control of your finances, York Talk Money share tips and hints to make the most of your money. Whether it’s for your day-to-day spending, or to see you through planned and unplanned events, there are some easy steps to take: ·
Boost your income and get the money you’re entitled to
You can use an independent, free and anonymous benefits calculator to check what financial support you could be entitled to at Benefits calculators – GOV.UK (www.gov.uk) . Check out Benefits and money – City of York Council to find out about local support schemes.
If you’re over State Pension age and on a low income. Pension Credit can help with housing costs such as ground rent or service charges. You might get extra help too, if you’re a carer, are disabled, or responsible for a child or young person. Find out more at Pension Credit: Overview – GOV.UK (www.gov.uk)
If you have children make sure you’re not missing out on help with childcare, school meals and holiday activities, at Eligibility for free school meals – City of York Council and Reduce the cost of childcare – Raise York.
Reduce your outgoings
To make savings on your household bills and get help if you are struggling, visit York Talk Money – Help with Cost of Living | Live Well York
Save a little and build a cushion
It might seem difficult, but saving as little as £5 per week for a year, could build up over £250. This might help with unexpected expenses or with next Christmas’ costs. Open a Community First Credit Union savings account and you could get a £25 bonus. More information at Savings (communityfirstcu.co.uk).
Get benefits and money advice
Don’t struggle alone. If you need help with benefits or money, we and other local organisations can help. Visit Get benefits and money advice – City of York Council or your local community venue Community advice and information – City of York Council to find out more about local advice services.
For more money advice, leaflets and information, please visit York Talk Money – Help with Cost of Living | Live Well York .