How to create a Household Budget in 2022

14/03/2022|Advice, News|

Dealing with the rising cost of living - How to create a Household Budget in 2022 Millions of households across the UK are struggling to make ends meet due to the rising cost of living.  Households are facing more financial pressure than ever before to meet these demands, but here at Citizen’s Advice Cardiff & Vale we are here to help. Creating a household budget is an essential part of creating a solid financial spending plan. A budget can help you manage your finances, regulate your spending, and stay debt-free. It assists you in determining how much you can afford

Money-Saving Tips for Renters

10/02/2022|Advice, News|

Money-Saving Tips for Renters Many people are finding it difficult to make ends meet as rent prices rise across the UK. Rent is often the main recurring expense for households, which can result in both short- and long-term financial difficulties. Those with a low income were hit harder financially by the pandemic, while rents continued to grow. With the cost of living set to rise this year, here are some money-saving tips that could help make your payments more affordable. Install a smart meter A smart meter is an electronic device that records data such as your electric energy use.

Cost of Living in 2022 – What’s in store for the Private Rented Sector

14/01/2022|News|

  How will the 2022 cost of living crisis impact you?   The cost of living is set to increase during 2022 posing a real threat to many families, making it more difficult for low-income households to make rent payments. The year ahead is already paved with increases to household bills, travels cost and taxes. Many families renting homes in the private sector will likely face difficulties as a result of the rise in living costs, with the added squeeze of landlords pushing up rent to cover their increasing costs and interest rates. All of this occurs at the same

Private renters with Covid Rent Arrears have increased by 41% since May

14/12/2021|News|

Private renters with Covid Rent Arrears have increased by 41% since May A recent survey carried out with private renters in England and Wales by NRLA found that average Covid-19 related rent arrears owed by affected tenants had increased to £1,270 - up from £900 in May.   What is causing this rise? The pandemic has had a huge effect on those who would normally be able to budget sufficiently to pay rent every month. The number of PRS tenants in receipt of Universal Credit in Wales has increased by a staggering 77% from February 2020 to February 2021. Almost

Private Rented Sector Debt Helpline: Frequently Asked Questions

23/11/2021|News|

Private Rented Sector Debt Helpline: Frequently Asked Questions It is estimated that over half a million private renters in the UK are behind on their rent. It’s no secret that the pandemic has had a huge impact on those who would normally be able to budget sufficiently to pay rent every month. The cut in Universal Credit payments, rising energy bills, and the looming Christmas period are only exacerbating that impact.Citizens Advice Cardiff & Vale are currently offering free, impartial advice and support to those who are feeling the weight of this burden, through a Private

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