Budgeting tips if you are between jobs

Looking for a new job is very
demanding and in today’s job market it can easily take 3-6 months to find a new
role, and senior appointments are likely to take even longer.

If you are currently out of work due to redundancy, wanting a career change or just starting out in
your career
, financially it can be a difficult time.

We have put together some of our top tips to help in this challenging time:

  • Budgeting is sensible, but don’t panic or make rash
    decisions
  • Talk to your bank, financial adviser or an
    accountant for advice
  • Work out your financial bottom line and make a
    financial plan based on 3 monthly or 6 monthly intervals
  • If necessary talk to your local Job Centre to find out whether
    you are eligible for benefits and/or to get your national insurance stamp paid
  • Try and cut down your outgoings accordingly as
    there are bound to be certain things you are paying for that aren’t
    necessities

There are
lots of websites out there to help you budget and put together a financial plan, and we have also found a range of voucher
sites with some great savings.

Have a look at some of the resources below:

Budget Tracker:

https://www.budgettracker.com

Budget Pulse:

https://www.budgetpulse.com/

Money Advice Service:

https://www.moneyadviceservice.org.uk/en/tools/budget-planner

Citizens Advice Bureau:

http://www.adviceguide.org.uk/england/debt_e.htm

Vouchercloud:

http://www.vouchercloud.com

Groupon:

http://www.groupon.co.uk/vouchers/

Money Supermarket:

http://www.moneysupermarket.com/vouchers/