We all love to splash out a bit over the Christmas period…….from presents for loved ones, party nights, to stacking up on our favourite food and drink. However when the festivities are over, January can feel like a very bleak month financially. On a positive note, this can also be a great opportunity to get your finances in order for the coming year.
If you do feel overwhelmed by your financial situation, it is important to seek help immediately.
We’ve compiled a list of charities that offer free advice on managing your money, debt advice, and money saving tips.
- The Money Advice Service offers free and impartial money advice to help improve your finances as well as budgeting tools to help you plan ahead.
Particularly helpful for this month is a useful section on easy ways to help if money’s tight after Christmas #survivejanuary. You can sign up at https://www.moneyadviceservice.org.uk/en/campaigns/survive-january to receive your free kit, full of helpful tips.
More info on the Money Advice Service at www.moneyadviceservice.org.uk or by telephone on 0300 500 5000.
- Citizens Advice Direct is a Scotland-wide service which provides free advice and information on many issues including debt and money advice. More info available at https://www.citizensadvicedirect.org.uk, by email, or by telephone on 0808 800 9060 (free to landlines and most mobiles). If you prefer to speak to an advisor face to face, you can find details for your local Citizens Advice Bureau at www.cas.org.uk/bureaux.
- National Debtline is run by the Money Advice Trust and can advise on money management and debt. They also have an interactive debt-advice tool called My Money Steps. More info for people living in Scotland at https://www.nationaldebtline.org/s/pages/how-we-can-help.aspx or Freephone 0808 808 4000. Callers with hearing loss and/or a speech impairment are welcome to use the ‘Text Relay’ service.
- Stepchange provide money and debt advice. A good first step is to use their online Debt Remedy tool. More info at www.stepchange.org or by Freephone on 0800 138 1111.
- Christians Against Poverty (CAP UK) provide tailored debt solutions and money courses to help you budget via a network of local CAP centres in the UK. They can also provide home visits. Find your local CAP Centre at https://capuk.org/i-want-help/cap-debt-help/help-in-scotland.
- Our Scottish Disability Directory lists local money advice services throughout Scotland. Find your local service at http://tinyurl.com/hsnxanw or call our helpline on 0300 323 9961.
- MoneySavingExpert.com is a useful website containing a wealth of info on money saving tips including household utility bills such as gas, electricity, water and phone bills. More info at www.moneysavingexpert.com.