Managing your money
Managing your money and planning ahead
For many film, TV, and cinema workers, managing your money and everyday finances can be difficult, especially if you’re a freelancer. Freelance income can vary from month to month, and there may be times where work slows down. This can be particularly hard as you wait for the next opportunity to come in.
Recognising when things are getting tough is an important first step and, fortunately, there is a lot of really useful help and advice available if you do run into problems.
We’ve teamed up with MoneyHelper to provide you with some practical tools to help you manage your money and improve your financial wellbeing.
Budgeting support from MoneyHelper
Budgeting is a key skill that will help you to manage your money more effectively and plan for inevitable ups and downs.
MoneyHelper have developed a simple Budget Planner to help you track your spending and manage your money each month.
Fill in your details below for a breakdown of where you’re spending:
Debt and mental health
Being worried about money can have a negative impact on how you feel, and poor mental health can also make it much harder to deal with your finances.
If your mental health is affecting your ability to manage your finances, you could consider completing a Debt and Mental Health Evidence Form. StepChange also have more advice about how this could help you deal with creditors. They can also provide information about Breathing Space, a debt respite scheme aimed at relieving some of the pressure debt can cause.
Mental health and wellbeing support
It may not always feel like it, but there is support available for people working in film and TV. So if you’re particularly stressed or just not yourself right now, you’re not alone.