Helping you take control of your money and debt, get free debt advice, and advice for how to borrow affordably and wisely. This article will help you understand your options for when you need someone else to manage your money. It provides an overview of what your elected person is responsible for, some advice for them on how to manage your money, and the most important facts to consider before making any arrangements.
If you need help from someone else to pay bills or payments, there are some that are seen as more important than others. You should always make sure priority payments are made (e.g. rent, mortgage, council tax, gas and electricity) before paying any non-priority payments (e.g. credit cards or unsecured loans).
You can make informal arrangements for someone to help you with your money but there is a danger you may be at risk of exploitation.
You can only have someone else deal with your financial affairs formally if you have given your written permission or legal authority. There are different options for gaining this authority depending on your situation.
Someone else can access your funds in a bank or building society account in order to meet day-to-day living costs but this has to be done by application to the Office of the Public Guardian.
If you need help claiming or collecting benefits someone you know can apply to become your ‘appointee’.