In order to help our tenants save money, Rykneld Homes have looked at different ways to make your money go further. Just a few simple steps could help to save the pounds in your purse.
Rykneld Homes and North East Derbyshire District Council advisors are on hand to offer advice and support if you are finding it hard to pay your rent or Council Tax. If you are having difficulty kepping on top of your bills, we can help you find out what benefits you might be entitled to and advise you on coping with your payments.
If you are experiencing problems, please contact us immediately on 01246 217670.
Six steps for dealing with debt:
| 1. | Speak to all the companies you are in debt to - they may be able to provide advice and work out a more manageable plan for you to repay them if you tell them about the difficulties you are having. |
| 2. | Work out how much money you have coming in and going out using a budget sheet, making sure you are able to pay at least the minimum payments for each debt. |
| 3. | Pay off your priority debts first - these are debts like rent or Council Tax which could lead to you losing your home or going to prison. |
| 4. | Plan how you are going to pay your less urgent debts, such as an overdraft or credit cards over a longer time period. |
| 5. | Maximise income - look into any benefits or tax credits you can claim. Do not borrow more money to pay off your debts. |
| 6. | Minimise spending - see our money saving tips below. |
|
Useful sources of financial advice and information:
North East Derbyshire Citizen's Advice Bureau - tel 0844 848 9800
See our Arrears page for more information on the services Rykneld Homes provides.
