Financial Wellbeing

Managing your finances is a key part of looking after your health and wellbeing. Money worries can affect anyone at any time.

In order to help make your money cover what you need to spend it on, it is important to understand what finances you have and how it is being spent. There is a lot of information and advice on different aspects of your finances on Somerset Council’s Getting help with your finances page.

If you find yourself struggling to manage your financial situation now, you are not alone. It is important to get help as quickly as possible to prevent those difficulties from spiralling. The Council has put together some additional information such as debt management, access to food banks and help with home energy on the Financial Hardship Support page.

Westcountry Savings and Loans (Your Credit Union)

Money concerns can often lead to a significant strain on your mental health. The Westcountry saving and loans are a non-for-profit credit union in the south-west, who offer honest, transparent, and affordable financial services.

If you are struggling with your finances and not sure where to start, West County Savings and Loans may be able to help you get back on track. For more information visit their Financial Well-being page.

Citizens Advice

During 2022-23, Citizens Advice Somerset supported 25,194 people, advising on more than 85,000 issues.

Citizens Advice can support you with the following:

  • Cost of living
  • Litigants In Person
  • Somerset Mental Health Alliance
  • General Advice
  • Young Citizens Advice Somerset

For additional information on how Citizens Advice Somerset may be able to support you, visit Citizens Advice Somerset.

Young Citizens advice have a project which has produced some really useful resources aimed at those aged under 25 years of age, for more information visit Young Citizens Advice Somerset.

Last reviewed: January 24, 2024 by John-Mark

Next review due: July 24, 2024

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