Monday 28 October 2024

Five practical Things You Can Do Today to Help Your Finances if made redundent

 This isnt a quick fix guide.  its a quick ideas list of five things you can do today if you are about to lose your job..  Send me more ideas if you have them!


1    If you pay child maintenance via the Child Maintenance Service, ring them straight away and ask to be put on a zero assessment.  


2   If you need to register for Universal Credit click here.


3.   Look at all your direct debits and see what can be changed.  For example, have you been paying too much money for utilities.  Consider swopping energy provider.


4    Can you pay your credit card early.  Many credit cards calculate interest on a day to day basic.  Therefore if you are unable to pay the card in full, you should try to pay early so that the accruing interest will accrue on a lower balance.


5   Can you swop to a different bank?  A different bank may charge less interest on overdrafts?  It may even offer a switching incentive.   


#unemployed #moneyworries #debt #moneyhelp

 



No comments:

Post a Comment

Note: only a member of this blog may post a comment.

2024 UK Autumn Budget: What You Need to Know

The 2024 UK Autumn Budget: What You Need to Know In October 2024, Rachel Reeves, the UK’s first female Chancellor of the Exchequer, delivere...