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Paying your rent

Money and debt advice

Take control of your money

Good money management can mean:

  • Living within your means
  • Saving for short and long-term goals
  • Having a realistic plan to pay off your debts. 

Money Advice Service helps you to set up a budget, make the most of your money, pay off debts or start saving.

Savings

Savings help with emergencies, sudden job loss, financing holidays, having more financial freedom and more.

Start a savings account with a bank, building society, post office or see what Boom, your local Credit Union, offers.

Debt

Debt can quickly become unmanageable if the situation is ignored.

Ask for help before debt gets out of hand. There are many organisations who can give you free help and advice about debts:

Loans

Loans can help build your credit score, pay for planned expenses and are easy to manage.

  • You can get a loan from banks and building societies but not everyone is eligible and they may not be the cheapest option
  • Department of Work and Pensions offer interest free budgeting loans for people on means-tested benefits.
  • If you are on Universal Credit, you can apply for a Budgeting Advance
  • Boom provides savings accounts and loans for West Sussex and will consider lending to people on benefits and those with poor credit ratings
  • Payday Loans often lead to long term debt, find advice on the Money Advice Service website

Benefits