Budgeting & Finances
At My SiLS, we understand that managing money can be a real challenge for many individuals. Whether you're a tenant needing to pay rent or trying to save for future expenses, it's crucial to have a clear grasp of your finances. Our team is here to help you navigate through the complexities of budgeting and finance.
Many of our service users find themselves unsure of how to balance their income and expenses. Questions like, "How much can I spend?" or "Am I saving enough?" often arise. Additionally, life can be unpredictable, and it's not always easy to foresee upcoming costs or debt obligations. Our support is designed to alleviate these worries, guiding you to feel more informed and in control of your financial situation.
We also recognise the importance of understanding benefits. Knowing what you're entitled to ensures you receive the necessary support to effectively manage your finances. Unfortunately, the benefits system can be complicated, which is why our dedicated staff are here to assist you in completing any required paperwork accurately, including helping you set up a bank account for your payments. Our aim is to empower you to take charge of your financial future.
How We Can Help
At My SiLS, we provide a variety of budgeting and finance support services tailored to your needs. Here's how we can assist you:
- Managing Your Money: We offer guidance on tracking your expenses and income, helping you create a clear picture of your financial situation.
- How to Save Money: Our team can advise you on effective saving strategies that align with your financial goals.
- Making a Budget Plan: We will work with you to develop a personalised budget plan, ensuring you can manage your finances effectively.
- Ensuring You Receive Entitled Benefits: We help you navigate the benefits system to ensure you receive all the support you're entitled to.
- Opening a Suitable Bank Account: Our experienced staff can assist you in choosing and setting up the right bank account for your needs.
- Obtaining Reliable Personal Identification: We guide you through the process of acquiring the necessary identification for financial transactions.
- Creating a Debt Record Sheet: We can help you organise your debts and contact advisors to establish payment plans.
- Utility Provider Liaison: We assist in setting up payment plans with utility providers, ensuring you receive necessary support regarding your bills.
- Temporary Appointeeship Service: If you wish, we can manage your finances temporarily until you feel ready to take control yourself.
Remember, your life can change for the better, and we're here to help facilitate that change!
If you would like to learn more about our budgeting and finance services, or our supported independent living, please feel free to contact us. We're here to support you every step of the way!
Contact
Suite 1, Corona Buildings, Wood Road, Kingswood, Bristol, BS15 8DT