Managing your finances on a reduced income Redundancy - your next steps

If, due to redundancy, you're having to manage on a reduced income you may be entitled to financial help.

Seek advice from your professional organisation, your trade union, independent financial advisers or your local Citizens Advice. Citizens Advice have benefits calculators to help you get an idea of what benefits you can get.

As a student you may be eligible for financial assistance related to your studies. For the full range of financial support offered see Payment, scholarships, bursaries and grants.

Helpful links for financial advice

• The Money Advice Service

  Free and impartial money advice, set up by government

• Redundancy calculator

  Check how much redundancy money you are entitled to by your employer.

• Money Saving Expert

  Find out how to save money on your everyday essentials and luxuries.

• MSE’s Academy of Money

  Our Open Learn course collaboration with Money Saving Expert that provides you with the tools and strategies to manage your finances.