Help & Support

Manage your money

There are lots of ways you can manage your money.

For example:

  • using a simple monthly budget planner, like the one available on the Money Advice Service website. This will help make sure your money lasts to the end of the month.
  • writing down what you spend each month and working out how much you will have left over once your bills are paid
  • getting budgeting advice from family or friends
  • speaking to your local Jobcentre Plus work coach

If you're on a low income or struggling to make ends meet, you might need some help to sort out your budget and work out how to make your money go further. If you are worried about how you will manage your money on a monthly basis you can get support and advice online.

If you are still worried or need support due to rent arrears or debt, there are a number of places in Wolverhampton where you can get advice and support including Citizens Advice. Details of other organisations can be found in the Wolverhampton Information and Advice Directory.

Need help NOW!

Universal Credit has made big changes to the way people receive their benefits. Being paid monthly can result in financial difficulties. You should know that there are things and places that might help.
If you’re struggling to pay your bills, you need to take action quickly to stop the situation getting any worse. Your first step should always be to get free expert debt advice, based on your personal circumstances. No matter what your debt problem there are places that can help. Contact your local Citizens Advice or Stepchange.
To receive Universal Credit you need an account that can receive automated payments. Here you can find out about different types of account or contact your local credit union.
You may be claiming for help with your rent as part of your Universal Credit claim. It is your responsibility to save any risk of losing your home. If you are finding this difficult think about speaking to your landlord and/or Citizens Advice. They can help and advise you on things such as:
Wolverhampton City Credit Union can help with loans for living costs, to support you paying your rent.
  • Keep in touch with your job coach at Job Centre Plus, they should provide you with the help and support that you need
  • Remember to register with Universal Jobmatch, which is the biggest website for jobs
  • Job Change Wolverhampton can help you to get on-line, put together a CV, build your skills, search for jobs and much more.

The Key Points

Since 8th Februrary 2016, a small number of people have been able to apply for Universal Credit.
Universal Credit will be paid monthly in arrears. Taking the time to manage your money better can really pay off. It can help you stay on top of your bills and save money.
Universal Credit means big changes to the way you receive your benefits. There are a number of organisations that can provide advice and support in Wolverhampton.

At a glance summary...

  • Managing your monthly income Universal Credit will mean major changes to the way you receive your benefits. Universal Credit will be paid monthly in arrears.
  • Where can I get support? There are a number of organisations who can help you to manage your money.
  • Debt and rent arrears There are some steps you can take if you’re getting Universal Credit (or have recently applied) and you’re in debt, rent arrears or struggling with money.