Tag Archives: income

How to renew your Tax credits

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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.

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Your debt help checklist: 4 steps you can take now towards a debt free future

posted by in Living with debt 6 Comments

Steps to get out of debt

Take action to deal with your debts

We always recommend that you seek free and impartial advice before deciding on which debt solution is best for you but what documentation do you need to gather before you contact us for help? Here’s your essential checklist of actions to help you prepare for when you need debt help. Continue reading »


What should you do if you can no longer afford a CCJ?

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If you can't afford it follow our advice

If you can’t afford it follow our advice

We all know that your budget can change often, which is why we recommend that you review it regularly.

More often than not it’s because priority bills have increased which leaves you with less money available for other expenses.

This can be really worrying if you have a county court judgment (CCJ) as it’s important that you stick to the payment that you’ve agreed to avoid any further enforcement action. Continue reading »


On a DMP? Avoid the temptation of an extra loan

posted by in Living with debt 1 Comment

Payday loans neon sign

Avoid the temptation of payday loans

We all know how difficult it can be to manage a budget. Putting it together can be a struggle but making sure that you stick to it month after month is more of a challenge.

We’ve given tips on how to create and stick to a budget but we know it’s easier said than done.

Recently we asked people on Facebook how well they budget and the responses varied from having spreadsheets and knowing exactly where every penny has gone, to not having a clue (I’ve got to confess I was one of the latter!). Continue reading »


10 things you need to budget for

posted by in Budgeting 2 Comments

Sort out your personal budget

Stick to your budget

If you’ve resolved to take back control of your finances, the first step you need to take is to put together an accurate income and expenditure budget.

Around a quarter of the UK population have never put a budget together, and this often means they miss things off a budget that should always be included.

Lots of people tell you to budget but there aren’t that many detailed guides as to what your budget should include.

It may seem obvious that priority bills need to be included, along with things like your mortgage, rent and secured loans, utility bills and council tax; and of course essentials like food. But what other things can be and should be included on a budget?

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A beginner’s guide to budgeting

posted by in Budgeting 7 Comments

Financial education

Time to add up the pennies

So you’ve compiled a budget, you have it in front of you, but its making no sense whatsoever.  What do you want out of your budget?  What is budgeting? What are the benefits of budgeting?

According to the Oxford English Dictionary a budget is “an estimate of income and expenditure for a set period of time”.

But importantly, while the word budget can imply that you have to do without, this doesn’t have to be the case. By taking the time to study your own spending patterns and habits, can give you an awareness that you may not have previously had.

You can use your budget as a tool to help you live within your means, or a tool to help you control your money by directing it where you want it to go.

Remember that a budget is more than just bills and expenses, it’s your life. 

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Debt and money related letters: what to do and how to respond

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Letter with bad news

She’s just got some bad news. At least she opened the letter…

An official-looking letter drops on to the welcome mat. It looks decidedly unwelcoming. It could contain some very bad financial news; you’re scared to open it. But which letters are actually just an inconvenience, and which letters should you sit up and take note of straight away?

The most important advice we can give you is this: open all your letters. Don’t ferret them away or promise to open them later. It’s important that you read and understand everything you receive as it could have a significant effect on your financial wellbeing for years to come. Continue reading »