Managing Money on a Low Income
A practical toolkit with budgeting techniques, tips for reducing bills, and guidance on where to find extra support when money is tight.
What this toolkit covers
- Building a simple weekly budget
- Priority vs non-priority debts
- Reducing your energy and phone bills
- Food banks, community larders, and free meals
- Emergency support funds you may not know about
Start with a budget
A budget doesn’t have to be complicated. Write down everything that comes in each month, then list every regular payment going out — rent, bills, food, travel. What’s left is your spending money. Seeing it written down often makes it easier to spot where small changes can help.
Priority debts first
Not all debts are equal. Priority debts — rent arrears, council tax, gas and electricity — can lead to serious consequences like eviction or disconnection if ignored. Always deal with these before credit cards or overdrafts.
Getting extra support
The Household Support Fund, local food banks, and community larders are all worth looking into. If you’re struggling with energy bills, your supplier may have a hardship fund — don’t be afraid to call and ask.
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