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Help with budgeting and managing your money

Here are some of our tips for managing your finances.


Budgeting involves keeping track of how much money you receive and how much you are spending.

It can help you prioritise important things and cut back on others. It also helps you plan for the future. A good budget plan can stop you getting into debt.

The Money Advice Service Budget Planner can help you plan your budget.

Get a bank account

Access to a bank account is important, especially if you are on benefits. The new Universal Credit benefit can only be paid into a bank account. 

Besides this, a bank account makes it much easier to manage your money. You'll be able to spend money using a debit card instead of carrying cash around. You can also set up Direct Debits so bills are paid automatically.

Find out more about opening a bank account

Maximise your income

Check that you are receiving all the benefits you are entitled to. has a very useful benefits calculator that can show you anything you're missing out on. 

Do you receive tax credits? Use the government's Tax credits calculator to make sure you're receiving the right amount.

Be a savvy shopper

Use vouchers and discount codes - you can often find them by searching online. Try to shop around for the best deals on your weekly shopping. Make a list and compare prices online before you go shopping. You could save on your weekly shop by switching to the supermarkets' own brands or by taking advantage of 'buy one get one free' deals.


Smarterbuys helps social housing tenants buy furniture and other essential items on affordable credit. Some of the items are sold at a significant discount. 

We are one of the providers offering affordable loans that can be used to purchase items from Smarterbuys. 

Energy bills

You could reduce your energy bills by switching your gas and electric supply. Check our price comparison page to see if you can save money. You may qualify for various discounts from your supplier:

  • Dual fuel discount for having the same supplier for both gas and electric
  • Discount for paying by Direct Debit
  • Discount for paperless billing and managing your account online
  • Warm Home Discount (£140 discount off your winter electric bill)


Need some advice or help?

There are plenty of support services available nearby that would be happy to assist you. Why not try popping into a branch of:

You could also try search on Google using key words relating to your query (for example: benefit advice).

Alternatively, if you are a Places for People customer you can contact one of the Money Advice Team:

Customers in Contact
North West, Lancashire, Greater Manchester and Cheshire 01772 666209
North East, Cotman (Anglia) 0191 227 5211
London and South East 0208 831 0918
South West, Milton Keynes and Midlands 0117 970 4538
Yorkshire 0113 285 8945
Scotland 0131 657 0658
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