Resident talking to Neighbourhood Housing Officer

Your questions answered...

Although it might seem daunting, mananging your money is often easier than you think. We're here to provide confidential advice and guidance on any of your money matters.

Below we've listed some of our most frequently asked questions.

Q.How do I budget?
A.

The most important thing about budgeting is that you use a system that suits you. Once you've done it a few times, it can take just a few minutes each week to keep on top of it.

Go to our budgeting tips and tools page to find out more about making the most of your money.

Q.What's so good about having a bank account?
A.

Having an account is safer than carrying large sums of cash. It can help you to manage your money and may mean you can pay bills by direct debit. Gas, electric, water and insurance suppliers often give discounts or cheaper rates for those who pay by direct debit.

ake a look at our Bank accounts pages for further advice on choosing the right account.

Q.I'm having problems with debt
A.

Most of us owe money to people most of the time. Bills are a fact of life, but we may find ourselves swamped by debts and can’t see a way of paying them all.

If you need help overcoming debt, and would like some free imaprtial advice, take a look at our Dealing with debt pages.

Q.I need a loan
A.

You shouldn't borrow money if you can't afford to pay it back, but sometimes an emergency or unexpected situation arises meaning that you have to borrow.

You should always think about whether you really need to borrow the money and if it is for something that is absolutely necessary.

Take a look at our pages on borrowing money for further guidance.

Q.Saving for a rainy day
A.

It is important to set aside money, not only for emergencies, but also for major expenses like education, homes, cars, and eventually retirement.

Take a look at our pages on budgeting and saving to find out more.