Whether your money worries are caused by a change in circumstances or something else, there are steps you can take yourself to make things better.
Here are some things you may wish to think about to ease your financial worries and you may also wish to speak to your Relationship Manager who will be happy to work with you to identify options that may help your specific circumstances.
If the financial questionnaire indicated that your income is greater than your expenditure but you feel you are having trouble balancing your money this may be linked to the timing of payments leaving your account.
You may wish to consider:
If your expenditure is greater than your income you should look at your flexible monthly costs to determine whether you can reduce your spending.
Here are a few other things to consider:
You may want to think about reviewing your budget to help you understand your finances better. ( Budget planner tool ) , (opens in a new window). To many the word 'budget' can be seen to mean spending less, but, in fact, it means spending smarter. Think of a budget planner as a tool that allows you to prioritise your spending to ensure you have enough for the essentials whilst saving for the 'nice to haves' or clearing any overdue payments you may have.
Budget planner tool, (opens in a new window)
Alternatively call our Financial Care team on 0800 141 2261 and they will be happy to work with you to identify options that may help your specific circumstances.
You may also wish to find out what benefits you may qualify for using a benefits calculator on www.gov.uk/benefits-calculators, (opens in a new window) or www.turn2us.org.uk, (opens in a new window)
If the budget planner indicates that your income is greater than your expenditure, but you are having trouble balancing your money this may be linked to the timing of payments leaving your account.
You may wish to consider:
If your expenditure is greater than your income you should look at the flexible monthly costs section and determine whether you can reduce your spending.
Review your package to make sure that it offers the best value available. Check with your current provider, shop around or use comparison sites. Here are a few ideas for cutting costs:
Finding ways to boost your income is not easy. If you’re already in work, could you increase your hours or take on a second job?
Here are a few other things to consider:
Find out what benefits you might qualify for using a benefits calculator on www.gov.uk/benefits-calculators, (opens in a new window) or www.turn2us.org.uk, (opens in a new window)
Remember we are here to help, our financial care team is experienced in providing support to customers who have financial worries and will work with you to identify options that are tailored to your specific circumstances. Please call one of the team on 0800 141 2261
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We’ve been working hard to bring Yorkshire Bank and Virgin Money together to give our website and digital services the full Virgin Money treatment. You’ll soon be able to view and manage your account(s) using the Virgin Money Internet Banking service.
There’s nothing you need to do – we’ll take care of it all. Your account and login details will remain the same and you’ll still be able to login using the link on the Yorkshire Bank website.
We’ll be back in touch when the new service is ready to use. If you need to contact us, you can still get in touch using the normal contact information.
The team at Virgin Money
Continue to Internet BankingWe’ve been working hard to bring Yorkshire Bank and Virgin Money together to create a bigger, bolder and brighter bank. You’ll soon begin to see the Virgin Money logo on things like your statements, letters and your Business Internet Banking service.
There’s nothing you need to do – we’ll take care of it all. Your account and login details will remain the same and you’ll still be able to login using the link on the Yorkshire Bank website.
We’ll be back in touch when the new service is ready to use. If you need to contact us, you can still get in touch using the normal contact information.
The team at Virgin Money
Continue to Internet BankingYou can find impartial information and guidance on money matters on the “Money advice service” website.
Yorkshire Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.