Maximise your income

Today is Age UK North Tyneside’s 50th birthday. However, with the current cost-of-living crisis, we understand that not everyone is in the mood to celebrate.

We want to make sure you’re getting all of the support available to you. Here are some ways you can maximise your income in just 50 minutes.

Check your benefit entitlement (10 mins)

You may be entitled to additional financial support. If you’re not claiming it, you’re throwing away free money! Our free and confidential Information & Advice service can help you check what you’re entitled to and what you’re missing out on.

Call us today on 0191 280 8484 or or get in touch online.

Get a smart meter (10 mins)

Smart meters can help you save money on your energy bills by showing you where you’re using unnecessary energy. Get in touch with your energy supplier to have one installed. There’s no extra charge, and most suppliers will allow you to request a smart meter online via your energy account.

Switch your bank account (15 mins)

Did you know that banks will give you money simply for switching your account? At the time of writing this, you can get up to £200 for switching.

The Current Account Switching Service means you can switch hassle-free in just 7 working days, and all of you direct debits and payments will be automatically transferred over.

Martin Lewis at Money Saving Expert keeps an up-to-date list of all the current switching offers. Head to www.moneysavingexpert.com.

Check your savings rate (10 mins)

Interest rates have been soaring lately. While this is bad news for anyone wanting to borrow money, it’s great news for savers.

If you’re lucky enough to have some savings tucked away, check your interest rate. If you’re earning anything less than 2%, it’s time to switch.

Once again, we’d recommend heading over to Money Saving Expert for a full list of the top savings accounts (www.moneysavingexpert.com).

Get a water saving kit (5 mins)

While water bills aren’t increasing at the same rate as energy bills, they can still eat up a sizeable portion of your income. Especially if you have a water meter.

Northumbrian Water offer free water saving kits that you can order to help cut down your usage and reduce your bill. Head to nwl.watersavingkit.com.

For additional help and support, our team are here for you Monday to Friday, 8.45am to 4.30pm. Call us on 0191 280 8484 or get in touch online.