The CAP (Christians Against Poverty) Money Course teaches people budgeting skills and a simple cash-based system that really works. The course will help anyone to gain more control over their finances so they can save, give and prevent debt.
We run regular courses throughout the year. See posters at the church, information on our weekly news sheet for details of the next course. Further details about the CAP money course can also be found on the CAP website at: www.capmoneycourse.org
CAP can also offer help for those who are in debt – either through its CAP Money Plus service or through one of its Debt Centres. Details of the help available can be found at: www.capuk.org.
Top tips for money managment
- Bank charges- some banks offer accounts with extras such as travel insurance etc for an additional charge. Make sure you will use the extras and that you can’t get them cheaper elsewhere. If you don’t need them, don’t pay the extra charge.
- Water meters- these can often work out cheaper than just paying a quarterly bill for water, especially for a single person or a couple.
- Magazine subscriptions- consider cancelling?
- Buying coffees, teas and lunches- cut down on these and perhaps consider taking a packed lunch with you to work.
- Phone and TV packages/deals- contact supplier to see if they can offer you a better deal.
- Always compare costs when insurances come up for renewal- could you get a better deal somewhere else?
- Fuel costs- regularly review to make sure you are getting the best deal.
- Children who are working and still living at home-ask them to contribute towards the household expenses.
- Food shopping- can be cheaper to do an on-line shop. Even though you may have to pay a delivery charge, you can stick to your shopping list and not get tempted by in-store offers.
- It can be helpful to prepare a weekly meals menu and then just buy what you need for the coming week.
- Buy shop’s own brands rather than branded products.
- Buy fruit and veg from local markets rather than the supermarket.
- Don’t take out health insurances such as ‘Simply Health’- work out how much dental and optical charges will cost for you and then save an appropriate amount each month towards these.
- Don’t take out extended warranties on electrical goods- instead, save an appropriate amount each month towards repairs/replacement.