Financial Wellbeing

What is financial wellbeing?

Financial wellbeing is your ability to confidently manage your money and plan for the future, regardless of how much money you have.

Being in control of what you spend, save, borrow and plan for means you’re well positioned to:

Pay bills on time and spend within your means
Deal with unexpected expenses, like a boiler breakdown
Handle your borrowings comfortably
Plan for and meet your long-term goals

In the UK, 24 million adults don’t feel confident managing their money. 10.7 million rarely or never save – and 12.4 million would have to borrow, or could not pay, when faced with an unexpected £300 bill.*
(*Source: 2018 Adult Financial Capability Survey)

We want to help you to manage your money with confidence, learn how to take control of spending, set a budget, and plan for both unexpected life events and your future.

We hope it will help you to begin a journey to better financial wellbeing.

Let’s talk about Financial Wellbeing.

Whatever your goals – having a place of your own, setting up a rainy day fund or having a bit of extra cash at the end of the month – it pays to start talking about your Financial Wellbeing.

Financial Wellbeing is about having the confidence to manage your money, to plan for your future and to be as prepared as possible for the unexpected. So why don’t you let Bank of Ireland UK help you work out the health of your finances – and get you used to using the F-word.

Click here to access information on Financial Wellbeing provided by Bank of Ireland, our HSCNI Corporate Banking Provider

Debt Advise Awareness Campaign

Advice NI is a Charity that provides free advice on a range of issues, such as Benefits, Personal and Business Money and Debt advice, HMRC services and products, and the EU Settlement Scheme.

We request your support with our ‘Debt Advice Awareness Campaign’ as we share some new digital assets with you.

Staff can learn how co-ownership works towards purchasing their own home.

In a nutshell, we buy a place together. You buy the share that you can afford, between 50% and 90%, and we cover the rest. You pay the mortgage on
your bit and pay us rent on our bit. When you’re able to, you can increase your share in your home bit-by-bit at any time until you own it all.
Our shared ownership arrangement means that when you sell or buy a greater share of your home, we both benefit from the value going up or share in
the loss if the value goes down. We share the risk.
We may have bought a property together but it’s 100% your home

Now, Staff can learn how co-ownership works towards purchasing their own home please click here to access more information.

CAP – Provide emergency food aid to a family in need this Christmas.

Churches across the UK are committed to tackling the causes of poverty in their local area by partnering with CAP and providing free debt help and community groups. Please click here to access more information.

Martin Lewis – Money Saving Expert: Credit Cards, Shopping, Bank Charges, Cheap Flights and more

MoneySavingExpert.com is the UK’s biggest consumer website, with more than 16 million users a month. The site’s dedicated to cutting your bills and fighting your corner with journalistic research, cutting-edge tools and a massive community – all focused on finding deals, saving cash and campaigning for financial justice.

Please click here to access more information

Food banks Our work in Northern Ireland | Trussell

The food bank model designed by Paddy quickly gained traction. From 2004, church networks started to provide vital support to people, with the generous support of volunteers who offered their time.

Today, thousands of people are involved in running and supporting food banks. Our community has grown to more than 1,400 food banks across England, Wales, Scotland and Northern Ireland. We come together to share insights and learning with each other, to build a compelling case for change. We believe that no one in the UK should need a food bank to survive.

Please click here to access more information – Our work in Northern Ireland | Trussell

“My Money, my info, I don’t think so!”

Take Five to Stop Fraud is a national fraud awareness campaign
launched to help you take back control and beat financial fraud
– particularly the growing problem of bank transfer scams

Click here to download the Little Book of Big Scams

SCAMWISENI – 4 Steps Ahead – If you can SPOT A SCAM you can STOP A SCAM

Use the Scam Test:

Seems too good to be true
Contacted out of the blue
Asked for personal details
Money is requested

For help and information visit: nidirect.gov.uk/scamwiseni

Take Five to Stop Fraud, Customer Advice – National Fraud Awareness Campaign

Take Five Customer Advice Guide

Help with Money, Debt and Benefits

If you or someone you care for needs help with money, debt and benefits, call Mindwise NI Mental Health and Money Advice service on freephone 08088010373 and choose Northern Ireland. Alternatively, you can click here to access the website