Category
🛠️
LifestyleTranscript
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.