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Reviewing your finances

If you have been made redundant or if you’re facing redundancy, your main priority is to sort out your finances so you can manage until you have found another job.

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Unless you already have redundancy insurance, income protection or some other money to support you financially, you will probably be faced with some hard choices and you may need to cut back on your non-essential spending until you are back in work.

This section will give you advice on:

  • Budgeting
  • Increasing your income
  • Reducing your spending
  • Prioritising your bills
  • What to do about mortgage or rent payments
  • Managing any debt you might have
  • Where to get extra help
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© Consumer Credit Counselling Service 2011