Often a change of circumstances such as losing your job, an addition to the family, illness or disability can affect your ability to cope with rent, Council Tax, and other bills.
If you fall into debt, please do not ignore the problem, as there is a risk that it could get worse.
Make sure you get in touch with the people that you owe money to as soon as possible and explain your problems.
Remember, your rent should always be your top priority!
There is always help available; for more guidance and advice, please visit Step Change
Or, for a free confidential money health check please visit the Money Helper
Remember, you can always contact your landlord to confidentially discuss your finances and they may be able to refer you to other services that can help you.
If you are trying to better manage your finances, it is essential to keep track of how much money you have coming in (income) and how much money you have going out (expenditure).
If you have more going out than coming in, you can consider the following:
Increase your income
Reduce your outgoings
If your home is larger than your current and long-term needs, you may find that your landlord could offer you a financial incentive to downsize. You could even receive a lump sum payment or help with removal costs.
There are some exclusions and the amount you receive may be determined by how many bedrooms you have downsized to.
To find out more, please check with your landlord to see what incentives they have available to you.