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Managing Your Money

1. A Working Account Facility
   Try and have all your income including any cash you receive paid into this account.
2. A Bill Account Facility
   Ask your working account provider to set up a separate bill account into which you can transfer a weekly or monthly amount when you get paid to cover future bills and credit commitments. You should then be able to set up automatic transfers from this account to cover your various bills. Banks and building societies offer these accounts. Do check their costs. Bill Pay Service: This method allows you to pay regular amounts towards a range of bills through the post office's Bill Pay Service.
3. A Savings Account Facility
   Again you ask your working account provider to set up a savings account into which you can transfer weekly or monthly amounts at the time you are paid. Alternatively you could choose to pay the money into a credit union or post office account which offer competitive interest rates on savings.

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