Managing your money during the pandemic
The coronavirus pandemic has turned everyone’s lives upside down, with many people being furloughed, or losing their jobs. With rent and bills to pay, this can make managing your money stressful, but we’re here to help. Throughout this page you’ll find articles, tips, support and information on how to manage your money now and in the future.
Take an online money management course
Sign up to our e-learning course and build your confidence in managing your money. This course will help you feel more in control of your finances and teach you about the different types of support that are available if you’re struggling with money.
How to make money investing in the stock market
In this episode of The Side Hustle Show we are talking about making money from investing in the stock market. We explain how you can make HUGE profits but also how risky stock market investing can be!
Financial health check
Have you lost your job? We're here to help. Read this helpful financial guide from Experian to support you through it.
Borrowing money for the first time? It can be daunting - read our expert guide for tips and advice.
If someone close to you is ill or has passed away, you might need support with handling their finances. Read this expert guide from Experian.
Want to find out more about managing your money? We're launching a brand-new e-learning course with MyBnk.
The next in the series of MyBnk's financial guide to the coronavirus crisis.
What is our community saying
What is an overdraft?
An overdraft is something a bank or lender can give you, as an extension of the money you already have. An overdraft means you can withdraw money beyond what you have in your bank account – so when your bank balance is showing as £0, your overdraft allows you to have some money, however this can be at a charge. You can read more about overdrafts here.
Where can I get support managing my money?
While we’re not financial advisors, we can help you. Our helpline is able to signpost you to over 16,000 organisations that can help with all sorts issues. So, if you’re feeling anxious, need some advice and don’t know where to turn – call us, and we’ll help you.
Where can I get emergency money?
There are a number of options if you’re in need of emergency money. We recommend reading our article ‘Help! I’m broke and need emergency support’ for more information.
How much is statutory sick pay?
At the moment, statutory sick pay is awarded to you for when you’re too ill to work. You cannot get less than £95.85, and it can be awarded for up to 28 weeks. There are some criteria before you can be paid it though, for example you have to earn on average £120 per week and have been ill for four days in a row.
We would like to thank our partners MyBnk, MaPS and Experian for their ongoing collaboration, support and expert insights.