It's no secret that we are in a recession, the economy is bleak and cuts keep coming. Any tenant could become a benefit claimant at any time in the present economic climate and people working tend to believe State benefits will cover their needs as they live in a “different world”. The Government seem to be assuming the changes they are introducing will encourage people to work and not rely on benefits. It's time to look at Universal Credit and what that means in practice.
I have spent my career advising families on the best ways to plan for financial security and to avoid the risk of penury which is how people will live in the future, if they do not have savings or a safety net.
I know there are some people who have managed to fleece the benefit system in the past however they are on the minority and other people who need help are likely to suffer to avoid us all falling over a fiscal cliff.
Tenants who are working need to know how to protect their income and that’s what I preach and I know from experience that the day will come when they will need to claim and the relief of not having to rely on benefits is a tonic to anyone in that position. www.rentplan.co.uk - a safety net for tenants.
