We understand that many families across the UK are under financial strain. whether it’s the rising cost of living, school expenses, or high energy bills. Taking time to review your budget and make small changes can make a big difference. Simple changes can make daily life feel a little easier and help create more stability for your family.

Here are some simple, practical tips to help you manage your money, ease financial pressure, and feel more in control of your household finances.

1. Review your budget and track your spending

Start by looking at where your money is going each month. Write down or use a free online tool to track your income and spending, this includes small, everyday costs like coffees or subscriptions.

Once you see it clearly, it’s easier to spot areas to cut back.

Try this:

• Use a free budgeting planner from MoneySavingExpert or MoneyHelper.
• Create separate “pots” or categories for essentials and savings.
• Review your spending once a month to stay on track.

2. Spread bigger costs over time

Expenses like school uniforms, car maintenance, or Christmas presents can sneak up and throw your budget off balance. Spreading these costs throughout the year helps avoid stress when they come around.

Tip:

• Set up a small standing order into a savings pot for “big costs.” Even £5 or £10 a week adds up.

3. Plan your meals and shop smart

Food is often one of the biggest weekly expenses, but with a little planning, you can save without sacrificing quality.

Try this:

• Plan your weekly meals and make a shopping list before heading to the store.
• Use supermarket loyalty cards for extra savings.
• Batch-cook meals and freeze leftovers.
• Shop online to avoid impulse buys.

4. Cut back on small expenses

It’s often the small, regular costs that make the biggest dent in your budget. Review where your money goes and decide what’s essential.

Ideas:

• Cancel unused subscriptions or memberships.
• Limit takeaways or coffees on the go.
• Walk or share lifts when possible to save on travel costs.
• Even cutting one or two small things each month can free up money for essentials.

5. Save on energy and household bills

Simple energy-saving changes can make a noticeable difference to your bills.

Try this:

• Use draught excluders and use thermal curtains at night to keep warmth in.
• Bleed radiators and keep them clear of furniture.
• Switch off appliances at the wall when not in use.
• Compare tariffs or speak to your supplier about support options if you’re struggling.

See our blog here on how to winter-proof your home and cut heat loss

6. Ask for help and advice

If you’re falling behind on bills or feeling overwhelmed, reach out for help early. You don’t have to face money worries alone.

Check out:

Turn2Us – check what benefits or grants you may be entitled to.

StepChange – support with debt management and payment plans.

Citizens Advice – free, confidential advice on bills, debt, and benefits.

7. Involve the whole family

Talking about money doesn’t have to be stressful. Involving children in small ways helps them understand budgeting and builds good habits.

Ideas:

• Let kids help plan meals or track the weekly food shop.
• Explain savings goals in simple terms.
• Celebrate small wins together - like meeting your weekly food budget!

Are you struggling financially?

If you need extra support, remember you are not alone. FTCT provides grants to help families buy essential items their children need, such as school uniforms, essential appliances, and children’s bedroom furniture.

You may be eligible for a grant if you work or have recently worked in the UK fashion and textile industry and care for a child under 18. Our charity supports families from all parts of the industry, including clothing, footwear, soft furnishings, and fabric companies.

We help parents in many situations, including:

• Financial hardship due to job loss, illness, or bereavement
• Families who have been rehoused after homelessness or unsafe living conditions
• Low-income households struggling with long-term financial challenges

What FTCT grants can help with:

• Clothing and school uniforms
• Bedroom furniture
• Study equipment, including laptops
• White goods and essential household items
• Specialist or sensory equipment
• Therapy and wellbeing support

How do I apply for an FTCT grant?

If you have read through all our criteria and would like to apply, please complete our online enquiry form.

Related FTCT support

You might also be interested in:

Practical Tips for Parents Preparing for Winter

Family Meal Ideas To Keep Warm This Winter

Budget Tips Every Parent Should Know