Money advice. Taking control of your finances.

Always keep control of your debts by spending less and saving more. If you are struggling to manage your day to day money, we have got lots of practical money advice tips to help you take control.


Careful budgeting and being more disciplined in the way that you deal with your money will bring you long-term benefits. Creating a plan that allows you to keep track of where your money is going every month (and how much you can afford to pay your creditors) is essential for a debt-free future.


Our debt information section is a great place to start - you will find advice on dealing with creditors, managing debts and looking after your money. For more on money management our budgeting advice section is packed with helpful hints on who to pay first, looking after your money, and what to do if you cannot afford to pay your bills.

Reduce your spending 

If you are spending less and you are doing the right thing. But could you do a lot more? Here are some ideas on how you can save your money.



  •  If you plan your shopping and working on your budget, you are unlikely to make impulse buys or spend more than you want to. Use a shopping list and follow it.
  •  You should never cut back on essential food items - but are there supermarket own-label brands or cheaper brands that offer a better value?
  •  Consider switching to a cheaper supermarket.
  •  Coupons and remember to use them and look out for special offers
  •  There might be reduced grocery items available at the supermarket. Could you take advantage of that?

Gas and electricity:

  •  If you stay with your current provider, there are other ways you could save your money. Most companies offer a discount for paying by direct debit or you could get a dual-fuel discount if you have gas and   electricity from the same supplier. Contact your supplier to see if that is available to you.
  •  Maybe you can reduce your energy consumption. There are many ways you can do this such as using loft and cavity wall insulation. There might be free offers available. Call them on 0845 527 2790.


  •  If you are a low water user, it might be cheaper to have a water meter fitted in. There are also water saving devices that could be used in the home. Contact your water company to find out more.

Telephone, satellite and internet:


These bills can add up so it is worth reviewing the package that you are on to make sure that it offers the best value available. shop around, use comparison sites or check with your current provider. Here are a few ideas for cutting costs:

  •  Change to a combined broadband, phone and TV package. If you bundle all three things in one, it will result in a much better deal.
  •  You should carefully think twice on what you really need. If you can live without those extra TV channels, i. e: you can make substantial savings.
  •  Cancel your mobile phone contract and start using a pay-as-you-go phone if it makes financial sense. With a pay-as-you-go phone you can easily control how much you spend.


One of your biggest monthly bills is your rent or mortgage. Moving home is probably a last resort, but if you think it is possible, consider moving or downsizing to a cheaper property.


Increasing your income:

When times are difficult, finding ways to boost your income is not easy but if you are able to work, never give up, keep on looking for opportunities that could improve your situation. If you are already in work, could you take on a second job or increase your hours?

Here are a few other things you must consider:

  •  Are you claiming all the benefits that you are entitled to?
  •  Could you rent a room to a lodger?
  •  Maybe you could get a friend to move in and share the bills?
  •  Do you have any unwanted items that you could sell?

Stay Aware:

Free Debt Helpline are dedicated to uncovering the best money management tips.

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