One in five people in work are on a low income, and women, part-timers and temporary workers are most likely to be affected.  If you are on a low wage, you’ll know only too well that every penny counts. That’s why learning to manage your money carefully and to be aware of any other sources of income you may be entitled to, could help you to get by.

Recognising you might have a problem with money, and possibly debt, is the first step towards dealing with your situation. Ask yourself the following questions:

  • Do you often exceed your credit or overdraft limit?
  • Do you take out more loans to pay off your debts?
  • Do you often use your credit card to withdraw cash?
  • Do you have little to no idea how much you owe?

If you’ve answered ‘yes’ to any of these questions, chances are you need to tackle a debt problem – sooner rather than later.

The following help sheet gives useful guidance on drawing up a budget for yourself, how to save on bills, claiming benefits and borrowing.