Staying Healthly at Work Staying Healthly at Work
Money Advice Service

The Money Advice Service provides free, unbiased advice to help everyone make the most of their money. Whatever your age, however much money you have or don't have, they can help you work out what's right for you. It's free, independent and unbiased - so they won't recommend any particular products or try to sell you anything.

You can contact them online at or by telephone on 0300 500 5000. There are also face-to-face money advisers across the UK. 

The Money Advice Service come into your place of work to deliver a one-hour group presentation on managing your money or you want to access any of the free resources, handbooks and guides, please contact Mary Graham, Regional Manager.  

Get set for the summer - plan your celebrations

Summer can be an expensive time with extra costs for holidays, days out and about – such as festivals and fetes. On top of the usual events, this year’s special celebrations will bring extra cheer and costs.

But whether you’ve got lots on or just planning to stay at home, the Money Advice Service can help you stay in control of your money this summer, with the Big Summer Planner.

The planner helps to:

  • Get to grips with the overall cost of summer’s events and celebrations
  • Plan how much you want to spend
  • Work out what you can afford to do
  • Think about ways to adjust your budget, and
  • Know how much you might need to save

So whatever your plans from one-off special occasions to days with friends and family, the planner will help you see how the costs stack up overall.

The Money Advice Service - June 2012

Get your money into shape for 2017

Start the year as you mean to go on. You can't get your money into shape without getting a clear picture of what your current situation is. Spend less than 10 minutes doing a free online health check that will immediately give you your personal action plan to show where your priorities are. Click here to do the health check.

Give your money a workout   

Once the health check has helped you identify your priorities, the next step is to review what money you have coming in and going out. The budget planner will help. Dig out your credit card and bank statements, savings and loans information, and your payslips. Check your direct debits to make sure you're not paying for things you don't need to - like gym membership or a magazine subscription you don't use anymore. Be choosey though - if you're thinking of cancelling insurance to save money, how would you cope if things go wrong?

If one of your priorities is to start saving, it often makes sense to pay off loans or credit cards first. Shop around for the lowest Annual Percentage Rate (APR) and other charges.

Keep your money on track

Once you're on top of things, try to stay in control of your money:

  • Review your budget regularly. If you're running out of money before you get paid the money stretcher can help.
  • Note down when annual payments are due - such as car tax and insurance - as you'll be better prepared for unexpected costs.
  • Be sure to shop around in good time before renewal to get the best deal on things like car and home insurance.
  • Set up direct debits for bills and credit cards. This will help you avoid late-payment charges.
  • Get into the habit of checking your bank and credit card statements to avoid any shocks.
  • Shop around - savings, credit cards, energy suppliers, find tips using the Shopping Around guide.

Don't struggle in silence

If you're struggling don't ignore it, or be shy about finding help to discuss how you'll manage. Talk with your partner, family or friends and seek professional help if you are feeling overwhelmed. The Money Advice Service and the Dealing with Debt Guide can point you to helpful debt advice organisations.

Get the right insurance

If you work in a salon or a spa ensure that your business has the right cover. If you work as a freelancer ensure that your business is protected at all times to avoid have to pay out compensation for accidents in the work place. See here for recommended information on all aspects of salon insurance or here for other insurances.

These tips are brought to you by the Money Advice Service.
Free initiatives available

The Money Advice Service offers a range of free initiatives which can be rolled out in the workplace to help your staff with any money worries they may have:

Making the Most of Your Money

A trained presenter will come and deliver a one hour presentation covering wide range of personal financial information. An A5 booklet is available to support the presentation or as a standalone offering. Click here to view the A5 booklet. Contact Mary Graham for information on the workplace presentation.

The Redundancy Handbook

This free resource covers everything from dealing with job worries and redundancy rights to managing your money and benefit entitlements. Click here to view the Redundancy handbook online.

The Guide to Retirement

This free resource is designed to be used by people six to twelve months from retirement and covers topics such as pensions, entitlements, managing your money and tax, saving and investing and later life. Click here for more information.

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