Making the most of your money

Published: 3/9/2022

Don’t know where to start when it comes to making the most of your money? We’re here to help. We have collated a series of money saving tips to help you over the coming months.

Below you will find helpful suggestions on simple steps you can take to save money, as well as advice on how you can access additional help should you require assistance paying your rent or bills this winter.

Budgeting your money

There are online tools available, such as The Money Advice Service which has a virtual budget planner which you can use to help make your money last longer.

Take the 1p savings challenge

This is all about scaling up and saving throughout the year. If you were to save one penny on day one, 2p on day two, 3p on the third day and so on. After 365 days you could end up with savings over £650.

Try a ‘no spend’ weekend

Set yourself a ‘no spend’ weekend – one every other month if you can. Do activities like going on walks, movie nights, board games, or even take advantage of free museums and galleries. And if you use up any leftover food from the week as well, this can all really make your money go further every month.

Here is a list of free museums and galleries in the Liverpool City Region:

Wonky fruit and veg

Look out for oddly shaped veg in boxes for discounts like the one from Lidl, these are often quite a few pounds cheaper because many customers don’t like the way it looks. But if you don’t mind your vegetables coming in strange shapes, it’s an easy saving.

Take a very close look at your tax code

Tax codes are often ignored by many of us, however having an incorrect code can trip you up in the long run. It’ll always pay to double-check you’ve got the right one. If it’s wrong, you could pay too much tax or pay too little and receive an unexpected bill later on. Millions pay the wrong amount every year.

If you’re struggling with living costs

If you don’t have enough to live on, you might be able to get help from the Government or your local council to afford essentials like bills and food. This includes the Household Support Fund and Cost of Living Payments.

For localised support services, visit our quick links to financial support.

Visit the Citizens Advice website to find out information on what benefits you’re entitled to, receiving benefit payments early, local council support, government support.

If you are struggling to pay your rent, please let us know as soon as possible. You can do so by contacting your Neighbourhood Service Officer directly, emailing us via enquiries@ovh.org.uk or calling us via 0300 365 1111.

Get in touch

If you would like additional advice on the support and services available to you here at One Vision Housing, please contact us today.

Please note that our email and phone lines are monitored between 8am and 6pm, Monday to Friday (excluding bank holidays).