Money Matters

Managing your money

Keeping track of our income and spending is important throughout life. This can be especially important following retirement, when our income is often fixed and usually lower than we have been used to. Unexpected events can also bring changes in income or sudden expenses, such as a bereavement or needing to move home due to a decline in health.

The Age Scotland Money Matters guide aims to help you feel more in control of your money. It provides guidance on drawing up a budget and what to do if your income and spending are out of balance. This may also be helpful if you are supporting someone else to manage their money.

Maximising your available income

As well as keeping track of your spending, it is also important to make the most of the income you have. This guide discusses ways you can reduce your outgoings, including making sure you are getting the best deals and taking advantage any discounts available to you.

It also talks about the importance of making sure you are receiving all your entitlements. You may have new entitlements once you reach State Pension age. There may also be help available in specific situations, such as when arranging a funeral for a loved one.

A benefit check can tell you if you have any entitlements you could be claiming. Book a benefit check by calling the Age Scotland helpline on 0800 12 44 222. You can also check your entitlements online using our Benefit Calculator.

Benefit Workshops

The benefits system is complicated. It can be difficult to work out what you are entitled to, and how to claim it. Find out more about joining one of our Benefit Workshops.