With the cost of living on the rise, many households are feeling the pinch as bills increase in the coming days. However, there are some changes taking effect that may offer some relief for struggling families.
New mum Rachel Aitken, from Southport, is feeling the pressure as she navigates maternity leave and relies on her husband’s income until she returns to work. She is cutting back on expenses and shopping mindfully to make ends meet.
Some positive changes include cuts to national insurance and increases in benefits, providing some financial assistance to those in need. However, regular bills like council tax and water are also on the rise, requiring careful budgeting to manage.
For example, phone and broadband costs are increasing for many providers, but cheaper social tariffs are available for those on benefits. Water bills in England, Wales, and Scotland are going up, with individual bills varying depending on usage levels.
Council tax is also set to rise in most areas, while fees for TV licenses, vehicle tax, and NHS dental charges are also increasing. On the bright side, energy prices will be falling, with the annual bill for a typical household dropping to the lowest level in two years.
Overall, it is important for households to stay informed about changes to their bills and explore available benefits that could help alleviate financial strain. With careful planning and budgeting, families can navigate these cost increases and find ways to manage their expenses effectively.
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