The coronavirus pandemic is impacting many in horticulture through falling salaries or an income shock such as redundancy. This loss of income, combined with rising costs, has led to a noticeable increase in debt.
The Office of National Statistics has recently reported that the number of people finding it difficult to pay bills has more than doubled during Coronavirus pandemic and recent research by the Joseph Rowntree Foundation and Save the Children reveals that nearly two thirds of hard-pressed families on Universal Credit are now borrowing money to stay afloat.
Perennial’s qualified Debt Advisers are ready to support individuals with their financial concerns. They give free advice on all types of debt from credit cards to council tax, mortgages to fines, talk to creditors, and help with budgeting towards a debt-free future.
Wendy Tozer, Debt Advice Manager at Perennial, says: “We want everyone working in horticulture to have the confidence to take control of their money. We know it can be difficult to talk about money issues but our small, friendly team is here to help you.”
“Alongside the helpline we also have an online budgeting tool which is a great first step towards understanding personal finances and achieving a good balance between income and spending. By being money-aware and creating a budget, we hope that those who are struggling financially will be able to spend wisely this Christmas.”
Perennial’s debt advice service has been a lifeline for many: “Our Perennial Debt Adviser helped us by speaking to the people we owe on our behalf. They also gave us support with budgeting so that we could take control of our money. It is such a relief to feel happy with our finances and more positive with real hope for the future.”
Perennial also works with individuals to help ensure they are receiving all the benefits they are entitled to. This is vital support as many people have experienced a change in financial situation during 2020.