The first step to taking control of your finances is doing a budget. It will take a little effort, but it’s a great way to get a quick snapshot of the money you have coming in and going out. Click on the link below to make your own budget.
Managing your money and paying bills
Taking the time to manage your money better can really pay off. It can help you stay on top of your bills and keep more money in your pocket. You can use these extra savings to pay off any debts you might have, put them towards your pension, or manage your bills more easily.
If you are on a low income you might be able to get extra benefits and entitlements. Try the benefits calculator below to find out what you could be entitled to so you can increase your income and your money management skills.
If you’re struggling with debt, it can be hard to know where to turn. But with lots of free advice services available across the UK, you can find help in a way that’s best for you.
National Debt Line provides free debt advice.
There are a number of organisations in Tower Hamlets that provide free welfare, benefits and debt advice.
Many of these can be found in the Community Directory.
Tower Hamlets Community Advice Network (THCAN) is a partnership of local advice centres that provide free advice and representation in areas of social welfare law.
The advice centres work together through THCAN to ensure that residents of Tower Hamlets have access to free, high quality advice on welfare benefits, debt, housing and other areas of social welfare law.