1) Maximise the income on your savings. Keep in touch with how much interest you are receiving from your cash savings. One poor soul received 0.1% interest for over two years before he finally wised up. There are various websites you can use to search out the best savings rates such as: www.moneyfacts.co.uk and www.moneysupermarket.com
2) If appropriate, find out if you are eligible for any benefits such as Pension Credit or Working Family Credit.
3) If you are aged 55 or over, look at possibly taking some of your pension benefits such as the Tax Free Cash immediately to augment your income. Note: some people may have lost track of pension benefits they have had, but there is a tracing system to allow you to hunt those down. Contact us for more information on this.
4) If you are really struggling with making ends meet, but have a house with little or no mortgage, look into Equity Release options. Here again it costs nothing to find out what is possible and we are happy to research your options for you without charge.
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