Myth busting: Common misunderstandings about debt

Debt can feel complicated enough without myths, assumptions or misinformation getting in the way. These myths can increase stress, cause confusion and even stop people from getting the help they need.This guide breaks down some of the most common debt…

What to know before you go self-employed

Becoming self-employed is a dream for many – the freedom to build something of your own, set your own hours and follow your passion.But before you take the leap, it’s important to understand what type of self-employment is right for…

What’s the difference between priority and non-priority debts?

Not all debts carry the same consequences.Understanding the difference helps you decide which payments must be made first, protect essential services, and keep control of your budget.What are priority debts?Priority debts are the bills that carry the most serious consequences…

Stress Awareness Day: Understanding the impact of financial pressure

Stress is something we all experience but understanding what’s behind it – and knowing where to find support – can make a real difference.In support of Stress Awareness Day, which took place earlier this month, we wanted to take a…

How to write a budget that works

A budget isn’t just a spreadsheet – it’s your money plan.It helps you make the most of what you earn, stay in control of bills and feel more confident about where your money goes every month.This guide breaks budgeting into…

Starting university? Here’s what you need to know about managing your money

For many young people across the country, heading off to university is one of the biggest lifestyle changes they’ll face. New friends, new surroundings, new independence and often for the first time, new financial responsibilities.With student loans, maintenance costs and…

Back-to-school costs are adding up for parents

As summer winds down, thoughts turn from holidays and days out to school uniforms, stationery and lunchboxes. But for many parents, the excitement of a new school year also comes with the stress of paying for it.Research shows the minimum…

Budgeting for summer in 2025: What you need to know

As the school holidays approach, a lot of people will be looking forward to some well-earned down time. But while the idea of taking a break can be exciting, the cost of making summer special can leave a lasting financial…

What happens when you contact PayPlan – a step-by-step guide 

If you’re thinking about getting support with your finances, but aren’t sure of the process, feel nervous or don’t know what to expect, you’re not alone.We understand that, for a lot of people, reaching out is often the hardest step,…

How can I improve my financial health in the New Year?

So many people use the New Year to kick start a health plan and look after their bodies, but the New Year can also be the perfect opportunity to review your financial health.The holiday season is expensive, with food, presents,…

Support with raising children

Raising children is one of the most rewarding experiences life can offer. However, it can be surrounded by a fair share of worries, particularly when it comes to your finances. From milk to nappies, childcare to clothing, the costs soon…

Will my partner’s debt affect my credit score?

If your credit score is important to you, or you wish to take out credit at any point in the future, knowing what can affect your credit score is essential.Depending on your financial ties, your partner’s credit score and debts…

£300 cost of living payments in November – what you need to know

Between 31st October and 19th November 2023, millions of low-income households will receive a £300 cost of living payment from the UK government to help with rising bills this winter.This is the second instalment of three payments, which will total…

How can UK Savings Week help you start building a better future?

What is UK Savings Week?UK Savings Week was launched in 2022 and is supported by The Buildings Society Association, the trade body of UK building societies and seven large credit unions. The idea behind the week is to raise awareness…

Rising interest rates – what does it mean?

Following the recent news that interest rates in the UK are increasing for an eleventh consecutive time, you may feel confused or worried – but we’re here to help. In this post, we’ll explain why it’s happened, how it’ll affect…

Tips to help you tick off your Christmas shopping for as little as possible

With the festive season quickly approaching, you may feel additional financial pressures, so it’s important to outline a plan and manage your budget so you don’t overspend.

Understanding your gas or electricity bill

We know making sense of gas and electricity bills and statements can be difficult, especially when you’re already feeling concerned about price rises. We’ve pulled together some information on what you can expect to see within a typical bill.