Hormonal ups and downs bring feelings of excitement, anxiety, nervousness, elation and fear; but along with managing all these emotions your finances play a massive part in preparation for a baby.
Category Archives: Welfare Benefits
It’s time for our usual round-up of the latest debt and money news! Since our last update, there’s been plenty going on, including the Government’s Autumn statement. We’ve looked at in detail to see how you’ll be better, or worse off when the changes kick in.
But that’s not all; we’ve also heard some alarming news regarding some payday lenders who may have been targeting the homeless. There’s a call from our friends at Moneysavingexpert.com to fix your utility bills NOW, and an inspiring story about how one woman reduced her spending dramatically and changed her outlook on life in one year…
It’s estimated that one million people in the UK are missing out on an average of £50 a week by not claiming the tax credits they’re entitled to. This is by no means small change. This is especially true if they’re struggling with debt problems.
Due to recent government changes, once Universal Credit gets rolled out to your local Jobcentre Plus, you’ll no longer be able to start claiming tax credits.
As of April 2016, the amount that you can claim in Universal Credit is less than the equivalent claim in tax credits. Therefore, it’s important for you to start claiming tax credits before your Jobcentre Plus moves to Universal Credit.
People across the UK will soon receive forms to apply for or renew their tax credits. If you already claim Tax credits but your renewal form hasn’t arrived, don’t panic! You should get the form by the end of June.
If you do need to talk anything over with the Tax credit office once you do get your paperwork, keep in mind that the lines are very busy at the moment so you might need to wait a little while to get through. This is likely to be the case right up to the deadline on 31 July.
Renewing Tax credits might seem a bit tricky, but it can be pretty straightforward if you know what information you need to provide.
January, aka the ‘Monday’ of the year, is over and February is well and truly here! While it may seem like a slow start to the year for many, lots has been happening in the world of debt and personal finance.
Bankruptcy thresholds are set to increase and it might be time to break up with that old phone contract you’ve been overpaying for.
There’s good news as well: people are looking out for each other with support for unemployed job seekers, and it could be the end of rail ticket rip offs (sort of).
If you’re an expectant parent, it’s important to know what benefits are available during maternity and paternity leave, and beyond. After all, maximising your income really helps even when you feel you’re OK.
There’s lots of help and support available from the Government that’s specifically designed to help parents and families during this important time in your life.
To help make it clear what benefits are available to you, the Money Advice Service has created this really helpful infographic designed to show each benefit the Government provides, if you’re eligible, and how you can apply.
There are so many options out there when it comes to childcare.
Having recently been through the turmoil of entrusting the most precious thing in my life into the hands of relative strangers, I totally empathise with anyone having to do the same!
No matter what you choose, it’s important that you plan early. There may be waiting times if your area is oversubscribed so thinking ahead will help to ensure that you’re not forced into making a decision. Continue reading »