Managing money can be a struggle, especially if you’re on a low income. That’s why we try to keep our rents affordable and make sure our homes are efficient to run.
Budgeting is becoming an increasingly important skill to have. If you have more money going out than coming in it can mean that you don’t have enough money to pay for your priority bills and essential expenditure. Planning and monitoring your budget will help you identify any areas of expenditure that can be cut back, allow you to make alterations if your financial situation changes, and help you achieve your financial goals.
The Money Advice Service has some great tools to help you manage your money better. Why not try their free online financial health checker at:
Or their budget planner at:
In this section you can find out information and advice to help you manage your money and what to do if you are in debt or struggling to pay your rent. Please click on the links in the green box to find out more.