Hull Money | A Culture of Fairness

Money Saving Tips

Top tips to help you save some money and also boost your income.

Here are some of our selected top tips to help you save money. These will be updated regularly, so please check back for any new tips.

You can also find lots more money saving tips, by visiting Martin Lewis, Money Saving Expert.


Yorkshire Water

If you are struggling to pay your water bill, Yorkshire Water have lots of options to help you.

For a full guide, please click here.


Pension Credit

Pension credit is a tax-free benefit aimed at retired people on low incomes. It’s means tested, but for those who qualify it can be worth £1,000’s a year. However, an estimated 1.3 million households who are eligible don’t claim the top-up – in many cases because they don’t realise they’re entitled to it.
By claiming pension credit, you can also qualify for a bevy of other benefits, including council tax reduction, cold weather payments, free dental care and, from June 2020, free TV licence if you are over 75.

This guide tells you what pension credit is, how you make a claim and how much you could get.


BT Basic

BT Basic is a simple, low-cost phone service that is easy to understand and helps you keep in touch if you are on specific low income Government benefits.

You can make as many calls as you like to numbers starting with 01, 02, 03, 07 (UK mobiles) or to 08 numbers, and now you’ll only be paying a maximum of £10 a month for these calls.

Click here for more information.


Help to Save

Help to Save is a type of savings account. It allows certain people entitled to Working Tax Credit or receiving Universal Credit to get a bonus of 50p for every £1 they save over 4 years.

For more information, please click here.


Improve your credit score

What is a credit rating? Plus 10 other things you need to know…