A new guidance has been launched by the Money and Pensions Service (MaPS) to help people manage changes in the cost of living. The guidance focuses on people who have not yet missed payments on their bills or credit obligations but are at risk of doing so.
The guidance helps people manage their money in uncertain times. The resources and tools are intended for the following groups of people:
- Those struggling to keep on top of their bills and payments.
- People who have experienced a reduction in income or squeezed budgets.
- Individuals who are self-employed.
- Those at the risk of being made redundant or losing their job.
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