Financial wellbeing
Financial wellbeing is about staying in control of our personal finances, feeling confident and empowered to meet our daily, monthly and yearly needs. Managing our finances can also help us to have more freedom which helps us to make more of the things we enjoy in life.
Money worries are one of the biggest causes of stress. Poor financial wellbeing can affect your physical, mental and social wellbeing. It is important to know that there are support organisations out there to help.
Saving money
For most of us, saving money might be our usual way to take control of our finances. Whether we are saving for a wedding or a big purchase, saving money allows us to become positively disciplined in managing our finances.
Budgeting
Budgeting is a great way to manage our financial wellbeing. Planning a monthly budget allows us to take control of our finances in a positive way and helps us to see how much we can spend.
Salary finance scheme
School staff employed in a Hampshire maintained school can access a range of benefits through salary finance which can be accessed via the school benefits page. Speak to your Headteacher or School Business Manager to find out more.
Benefits available include loans, saving plans and advance of pay.
Planning for retirement
It is really important that you check that your employment details and dates are all correct when it comes to your pension. We advise that you take a little bit of time to check through these details so that there are no problems when it comes to your retirement.
For teachers pension you can set up an account via the Teacher Pension website.
For support staff pension you can access your pension details via the LGPS website.
Money worries
It is normal to feel low or anxious if you’re struggling with money worries or debt. Our mental health can impact on how we manage our money. We may ignore bills or spend too much.
For advice and support visit Mental health and money worries.
Cost of living
Help and support is available from a number of services. This includes warm spaces in libraries, hot school meals and expert advice on reducing heating bills. We encourage everyone in Hampshire to take full advantage of these resources.