Universal Credit: Budgeting

Department for Work and Pensions written question – answered on 17th October 2017.

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Photo of Catherine McKinnell Catherine McKinnell Labour, Newcastle upon Tyne North

To ask the Secretary of State for Work and Pensions, what support with budgeting is available for universal credit claimants who are adjusting to monthly payments or have fluctuating incomes.

Photo of Damian Hinds Damian Hinds The Minister of State, Department for Work and Pensions

The main support that is available to claimants to help them manage a monthly payment is the online Money Management tool, designed in conjunction with the Money Advisory Service. This product provides free, impartial budgeting information and advice for claimants, based on their personal circumstances. We also offer Personal Budgeting Support (PBS). This is delivered by Local Authorities and funded by DWP. Personal Budgeting Support is support for those who need help managing the transition to monthly payments and prioritise essential bills. We have also published guidance for claimants on different earning patterns. Please see link: https://www.gov.uk/government/statistics/universal-credit-payment-timeliness-january-to-june-2017

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