Money matters with Stephanie
The government has recently announced a £15 billion cost of living support package and this is what it entails...
All households will have a £400 grant to help with the cost of energy. This will not need to be paid back and will be credited to your account.
If you have a pre-payment meter you will either have it applied to your meter or paid via a voucher.
If you are on means tested benefits, you will also have a payment of £650.
This will be paid in two lump sums, the first from July and the second in the autumn. The money will be paid directly
to you.
£300 pensioner cost of living payment
This will come as a top-up to the annual Winter Fuel payments in November/December and will be paid direct to you.
£150 disability cost of living payment
This will be paid directly to people who claim means tested disability benefits in September.
While this is all helpful we also wanted to share tips on what we can do to reduce the amount on energy we use.
1. Switch off standby
Save up to £30 per year by switching appliances off at the wall when they’re not in use. This will also help to reduce your carbon footprint.
2. Turn off lights
Turning off lights not only saves money on electricity bills but reduces the number of light bulbs we use, saving up to £40 a year.
3.Wash at 30 degrees
Modern detergents are designed to clean clothes at a temperature of 30 degrees, using less energy and saving money!
4. Swap bath for shower
Swapping a bath for a shower not only saves water but also the cost of heating. Take a four-minute shower
per day instead.
5. Don’t overfill the kettle
Only fill the kettle with as much water as you need and watch your bills go down!
Statistics from the Energy Saving Trust
Our financial inclusion team is here to support you with money worries, budgeting help and claiming benefits. If you are feeling the pinch, we are the team to help. Giving us a call has made a huge difference for many, so please get in touch.
Call 01639 506623 or email financialinclusion@taitarian.co.uk.
