I want to learn how to manage my finances well
Free Course for CTM Staff
- If you would like help to gain greater understanding and confidence in managing your finances, the Affinity – Focus on your Finances Course covers information about budgeting, borrowing, pensions, mortgages, tax, savings and investments
- For those soon to retire, the Affinity Preparing for Retirement Course guides you through the key financial issues you may need to consider.
To book a place on either of these two courses, email bookings@affinityconnect.org
- The Money Helper Couch to Financial Fitness online course is a step by step plan to build your confidence in dealing with money and is available here MoneyHelper’s Couch to Financial Fitness - Money Helper
- There is also an online course which explains the basics around employment, understanding tax and national insurance, employee benefits and salary sacrifice schemes which can be found at Employment | Help with employment-related issues | MoneyHelper
Budgeting Support
- Guidance on saving money on household bills and how to live on a budget is available here Budgeting | MoneyHelper
- If you are worried about the rising cost of energy bills, support is available here What to do if you’re worried about your energy bills rising | MoneyHelper
- A free online budget planning tool to work out how much money you have coming in, and what you are spending it on, is available here Budget Planner | Free online budget planning tool | MoneyHelper
- Ask Bill - During these challenging times, it’s important to ensure that you are receiving the support you need to reduce financial stress and save for the future. You can access free and impartial money advice from Ask Bill – including tips on how to reduce utility bills, manage money and deal with debt issues. For more information visit Home - Ask Bill
When your personal circumstances change
- Online advice on how changes in family life (e.g. becoming a parent / divorce / children going to university/ care for the elderly etc) can impact your financial wellbeing can be accessed here Family & Care | MoneyHelper
Pensions Advice
- Cwm Taf Morgannwg University Health Board operates a scheme which allows staff to save Tax and National Insurance on the first £500 worth of pensions-related Financial Advice, each tax year, when offered through a salary sacrifice scheme. More details are available at Pension Advice through Salary Sacrifice
- Alternatively pensions advice is also available here Pensions and retirement | Help with pensions and retirement | MoneyHelper
Financial Wellbeing Support Through HSBC
CTMUHB has partnered with HSBC to offer staff access to a range of support to help you stay on top of your finances at every step. These are completely free; you don’t have to bank with HSBC and they don’t push their own products.
- Always On Financial Wellbeing webinars. These are 30 or 60 minute public webinars that cover various topics including Savings, Budgeting, Investing, Coping with the Cost of Living and Sustainable Choices. There are 3 every working day. To view the schedule and to book yourself on to them please visit Financial Health Check | Financial Fitness Score - HSBC UK
- Financial Fitness Tool – knowing how healthy your finances are can help you work out what steps you need to take to achieve your goals. Generate you own household financial fitness score out of 100 by answering a few quick questions. It takes about 10 minutes and doesn’t affect your credit score in any way. You’ll also get tips to help you set achievable goals to improve your financial health. The tool can be used again in the future to see if your score has improved. To access this, go to Home | HSBC Financial Fitness
When registering, you will need to state Cwm Taf Morgannwg University Health Board as your employer.