Your money

Saving and borrowing

Woman looking at a jar of coins.

It’s always a good idea to have some money put aside for a rainy day. Saving up money regularly, however small or large, is the best way of saving up for expensive things such as a holiday, car or a wedding. It can also be a good way of making sure you have money to pay for emergencies such as needing to replace an expensive household item.

One of the best ways to save is by using a credit union account. Inverclyde residents can now join Right Way Credit Union. If you have savings with the credit union you may be eligible to apply for a loan at a competitive rate of interest.

Saving money on your energy bills

River Clyde Homes continues to work with external partners Community Links Scotland and Wattwise Inverclyde to help save our customers money on their energy bills. 

This service including Home Visits offers free impartial energy advice to anyone in Inverclyde who has an energy related concern. From general energy advice through to energy advocacy support, they can offer assistance such as: 

  • provide energy advice tailor-made to your needs; 
  • advise on meter readings and explain energy bills; 
  • help you get the best out of your heating system; 
  • provide information on general electrical appliance running costs; 
  • recommend energy saving measures; 
  • help to agree payment plans and ensure that any arrears are being repaid at a reasonable rate; 
  • act on your behalf when dealing with energy suppliers; 
  • provide impartial advice on the best energy deals and offer assistance if you are switching energy suppliers. 

Support is also available to help you to access hardship fund as offered by some energy suppliers to help with any debts you have with our energy bills. If you wish to access any other services offered by these energy advisors please contact us on 01475 788887 and we can refer you on. 

Useful links

  • Money Advice Service has a handy budget planner which lets you work out how much is left after your bills each month and where you can potentially make saving.
  • The Gov.UK benefits website provides all the information you need about benefits.
  • Use the Universal Jobmatch website from Gov.UK to look for a job.
  • Money Saving Expert is a useful website with tips on how to save money and discount codes.
  • The This is Money site offers a wide range of financial information on saving, banking, credit and many other subject.