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Financial Wellbeing

If you have money worries it can affect your standard of living, relationships and even your health. This self-help guide is full of practical information, top tips and all of the resources you need to get back in control of your finances.

Did you know?

In the UK:

  • 39% of adults (20.3 million) don't feel confident managing their money
  • 11.5 million have less than £100 in savings
  • nearly nine million of us are in serious debt, and only around a third receive help

What is Financial Capability? 

Financial capability gives us the power and the confidence to make the most of our money. Simply put, financial capability means being able to manage money well from day to day and being able to deal with the impact of significant life events on our finances. 

What is Financial Wellbeing? 

Financial wellbeing is more to do with how we feel about our financial situation. Good financial wellbeing means having a sense of security and feeling as though you have enough money to meet your needs. It's about being in control of your day to day finances and having the financial freedom to make choices that allow you to enjoy life.

Listed below are some key areas to consider. Under each section you will find hints and tips along with handy resources on how to improve your financial awareness and make positive changes.