Financial wellbeing is about having a good relationship with your money. Concerns about money can have a huge impact on your wellbeing at work, in particular your mental wellbeing. With the cost of living increasing, the West Yorkshire Staff Mental Health and Wellbeing Hub understands the importance of looking after your financial wellbeing as well as you emotional wellbeing in both your personal and professional life. Whether you want to learn more about managing your money, pensions options, or how to manage financial stress as we move into winter months, the Hub has a financial wellbeing programme to support you.
Making your money count
We know that at times like this, when the cost of living is becoming a challenge for so many people, people need to know what’s available close to hand. Our Making Your Money Count booklet has links to many local sources of help, advice and tips to help you get by this winter and beyond.
The booklet is also available in plain text format.
You can also find useful information and links in our Directory of financial wellbeing offers
This booklet contains a range of topics to help people living in Bradford, including information about government support; energy and bills; food resources; housing support; debt and gambling; savings; scams and safeguarding; volunteering; looking after your mental wellbeing; things to do and other helpful websites.
Watch this film from our Learning Disability Health and Care Champions to get some money-saving tips
Talk about money
Research shows that people who talk about money:
- make better and less risky financial decisions
- have stronger personal relationships
- help their children form good money habits for life
- feel less stressed and anxious and more in control
Money pension webinar series
Use this link to find out more about how MoneyHelper can help you.
Online financial resources:
Free and impartial help with money, backed by the government | MoneyHelper
MoneyHelper provides free guidance and support on a range of topics including:
- Benefits
- Family and care
- Money Troubles
- Savings
- Everyday money
- Homes
- Pensions and retirement
- Work
The Local Government Association has launched a Cost of Living support hub to help councils continue to support people and a new monthly Cost of Living bulletin, both of which highlight the latest news from the government including examples of good practice, latest reports and data and upcoming events.
What is financial wellbeing? | The Money and Pensions Service
Provides knowledge and understanding about financial wellbeing, how to improve financial wellbeing and why it is important to understand financial wellbeing and stress.
Best practice checklist - Employers.pdf (moneyandmentalhealth.org)
Money and mental health provide a best practice checklist for employers to support employees to build financial resilience, creating a culture of support, advice, and support for debt/money concerns.
You can find information about cost of living support in Bradford from this local website
Helpful online resources
Understanding what support is out there can be incredibly overwhelming. Money & Me have a range free and easy online resources people can use to help with this:
Benefits Calculator - Gives a clear picture of what you are eligible to claim and how much you could receive.
Take Home Pay Calculator - Find out how much you need to earn to cover your outgoings and how much take-home pay you will receive from a gross salary.
Budget planner - Want to budget but maths isn't your strong point? Martin Lewis has a free budget template on his website that calculates everything automatically, simply put in your income and outgoings and the spreadsheet does the rest.
