Ways to save money this January | NationalWorld Money Tips - video Dailymotion

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Transcript

00:00I'm Alex Nelson, your go-to for jobs and finance tips.

00:04This week, we've got three must-know stories to help you save money and navigate tricky

00:08situations.

00:09Let's dive in.

00:10First up, if you're aged 18 to 22, you might have free money waiting for you.

00:22HMRC is urging young people to check if they have a Child Trust Fund.

00:27These accounts, set up for children born between 2002 and 2011, hold an average of

00:32£2,212 in unclaimed savings.

00:36If you're unsure where yours is, use the government's online tool with your National Insurance Number

00:40to track it down.

00:41Don't leave that cash unclaimed.

00:44Next, struggling after festive overspending?

00:47A no-spend challenge could be your game-changer.

00:50Commit to only spending on essentials like rent, utilities and groceries for a set period.

00:55Skip the coffees, pause the subscriptions and watch those savings add up.

00:59The beauty of it all?

01:00You can make it work for your situation, whether it's a week, a month or even longer.

01:05And finally, with snow causing disruptions across the UK, here's what you need to know

01:10about your rights.

01:12Employers aren't legally required to close during snow unless safety is at risk.

01:16But if travel is impossible, notify your employer ASAP.

01:19Parents dealing with unexpected school closures can take unpaid emergency leave.

01:24As always, communication and flexibility are key on both sides.

01:29That's all for this week's money-saving tips and finance updates.

01:32See you next time.