Money
You could receive money from several different routes which may include wages from employment, benefits including Disability Living Allowance or Personal Independence Payment, a personal budget and direct payments.
There are different types of bank accounts. A current account is used to help you manage your money day-to-day which could include receiving money from work or benefits and paying your bills. This helps you keep track of where money is coming from and going to. A savings account is used to put money away for future use. You may want to use this for emergencies or saving for a big purchase.
View Citizen’s Advice guidance about getting a bank account.
You can use your bank card, make a bank transfer, make an online payment, and use cash as methods of payment in the UK.
Learning more about money
MoneySense is a free financial education programme for 5-18s with fun activities, games and resources that help to teach about money. Start early - good money habits can last a lifetime.
Making Money Easier is a free and fun way to learn about money. The guides are aimed at people with learning disabilities, but could be equally useful to anyone who fids themselves lot in financial jargon and small print. The Making Money Easier guides include advice about choosing and using a bank account, a glossary on common banking terms, tips on budgeting and a guide to help people live independently.
Mencap provide information and advice to support with food, energy and money in easy-read and video content including what the cost of living crisis is and how it impacts people with a learning disability, Priority Services Register (a list that energy and water companies use to make sure they offer help to people who need it), ideas to save energy, paying for gas or electricity and budgeting.
Money Helper have a free budget planner to help you to know exactly where your money is being spent, and how much you’ve got coming in. Knowing how to manage a budget is a great first step to starting your savings, getting out of debt or preparing for retirement.
View the housing, money, and debt webpages for more information.