Money Matters – February
February 6th 2023, by Rachel Luney
This month we cover ways you can get extra money and save on some purchases.
Cost of Living Payments
Last month the Government announced approximate dates for the Cost of Living payments in 2023.
- Millions will receive new cost of living support from Spring 2023, following up to £1,200 in support for over eight million low-income households in 2022.
- £900 Cost of Living Payment for means-tested benefit claimants will go direct to bank accounts in three payments over the financial year.
- Extra cash support for disabled people and pensioners will see some households receive extra cash.
Exact payment windows are still to be announced, but will follow the below schedule:
- £301 – First Cost of Living Payment – during Spring 2023
- £150 – Disability Payment – during Summer 2023
- £300 – Second Cost of Living Payment – during Autumn 2023
- £300 – Pensioner Payment – during Winter 2023/4
- £299 – Third Cost of Living Payment – during Spring 2024
If you are on a pre-paid energy metre, you may be one of the 30% of users who aren’t claiming their energy grant. Get in contact with your energy company to ensure your contact details are up to date and you are getting a voucher to use towards your energy. This ends in March, so don’t wait!
Emmaus supports more than 850 people who have experience homelessness. Their shops offer appliances and furniture at a reduced rate, helping you fit your home with the essentials at a lower cost. You can find your local shop by visiting their website and if you would like a referral for further discount, please contact Jane on email@example.com.
Help for Households
If you are struggling to make ends meet, you can visit Help for Households to find out if you are entitled to any extra benefits or support. You could get 50% off transport costs if you claim Universal Credit or get support for childcare and information on how to claim free school meals.
If you need any support with referrals to food banks, counselling or help with accessing benefits, please contact our Welfare & Debt Advice Officer, Jane White, by emailing firstname.lastname@example.org.