As we enter the next 3-week lockdown period money worries may be causing concern and anxiety. This is a good time to review finances, especially if the current situation has caused a reduction in income. Having a good handle on your finances can help improve your mental wellbeing too so it is worth taking the time to review them and we’re here to help you.
There are some simple steps you can take:
- Use our online budgeting tool to help plan your finances. It doesn’t take into account the recent government support launched to cope with the Covid-19 crisis, but it does provide some useful information to help with your decisions.
- Review the money advice section on our website which explains support available during this time. It provides up to date information on delaying mortgage payments, paying your rent, managing your gas and electricity bills, managing existing debts and your pensions and investments.
- Review the benefits which have been made available to help people cope during the crisis and apply for those you qualify for. A simple guide is found here.
- While taking control of your finances is not always easy, if you are facing debt problems it’s important to deal with them sooner rather than later, don’t forget that Perennial is here to help. With our support and expertise, you will be able to face the future once more.
Please do get in touch if you need help with any of the above. Perennial’s service is free, impartial and completely confidential, and the guidance you receive will be tailored to your individual circumstances. This dedicated service is needed now more than ever, as more and more people feel the strain of economic pressures.
Our qualified IMA accredited debt advisers can help by negotiating with creditors, preparing financial statements, advising on bankruptcy, helping with court paperwork and offering representation at hearings. We can act on your behalf or provide you with the advice and information you need to deal with your problem yourself.
We can also help you plan for a more stable future by providing budgeting advice, information on the latest initiatives aimed at helping people in financial difficulties and help with identifying any eligible welfare or tax benefits. The benefits system can seem complicated, but our caseworkers and debt advisers are experts in this area. Whether you want advice on what you qualify for, help on how to apply or if have a problem with your claim, we are happy to help, from completing forms through to representation at social security appeal tribunals.
We can also provide financial assistance for essential items like food and heating.
Perennial’s Debt Advice Service is authorised and regulated by the Financial Conduct Authority
Supporting your mental health
If you are worried about your mental wellbeing, don’t forget that you can also join the mental health support network we have made available to you in partnership with Big White Wall. Medical professionals monitor the site and are there for anyone who wishes to get in touch with them. There are also chat rooms, questionnaires, courses and more.
If you are stressed, anxious or need a place to talk, join our online mental health community provided by Big White Wall, complete a short survey to be able to access the support service and please be assured it’s entirely anonymous.