Money My Way

Whatever your situation, being in control of your money is a good idea. Making sure you know how much money you have coming in and how much you have going out is really important. Money My Way is split into useful sections that will take you through the main things you'll need to keep in mind when managing your money.

If you've been having serious problems, you're expecting bailiffs to visit or you've been informed of court action, working through these pages will probably take too long to be useful. Here are some quick links to organisations that can help you in crisis situations:

If you're looking for more general advice, or if you want to start making a long term difference to your finances, the rest of this section will be very useful!

The 10 sections below have been designed with the help of Citizens Advice and a network of local support workers to help with the most common problems people have with their money.

You don't need to do everything on this page, just jump straight to the ones that fit your needs. When you've got one thing working right for you, come back and find something else to try!


Attitude to money

Your attitude to money will make a big difference to how easy or hard you find it to control spending, save money or stick to money plans. That makes it a good place to start! Use this page to learn about your attitude, what that might mean for your plans and some ways to help change your habits if you need to.

Budgeting

Setting a budget so you can easily see how much money you have coming in and going out will help you see where you might be going wrong, as well as how you can plan how to get things going right. This page explains how to budget and includes some of the best tools from around the internet to make it easier to make your money go further.

Spending priorities

If you're having difficulties with money, it's important that you're prioritising the right things. This page will help you identify your priority bills and debts and includes advice on how to contact companies in the right way to keep on track.

Dealing with debt

Debt can be really difficult to deal with, especially if you have other things you still need to pay for. Whether you have bank loans to pay off, you've missed some bill payments, or you've borrowed money from family or friends, this page will help you to plan repayments and manage your debts sensibly.

Unexpected events

Unexpected events could be anything, from a washing machine breaking to a death in the family. Whatever the event, something happening suddenly can throw your money plans off balance. If something unexpected has happened in your life, or you just want to be ready for things you can't predict, this page will help you find the answer.

Benefits

Benefits might be your main source of income, or they might be a boost to the income you get elsewhere. It's important to know what benefits you're entitled to, as well as how to apply for and access them, so that you can be sure you're making the most of the money available to you.

Banking

Knowing more about banking is a really important step towards taking better care of your money. This page will give you some advice about banking both online and offline.

Shopping

The way you shop can make a big difference to the amount of money you have left over at the end of the month. This page will give you information about deals and discounts you could get online, as well as changes you could make in how you shop to save money and spend wisely!

Saving

Whether it's saving for a big holiday, buying a house, or making sure you have money put aside for the unexpected, saving money is a great thing to do. This page will give you information about different ways you could save your money effectively.

Money and work

When you start working, it's easy to get confused with all of the numbers on your payslip. This section contains information that will be useful for anyone wanting to learn more about tax, NI contributions, self emplyment and more.