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No one should go hungry at Christmas

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Christmas is traditionally a time for giving and spending time with loved ones. And there are few things that truly capture the festive spirit better than enjoying Christmas dinner together.

Unfortunately, this isn’t a luxury that everyone can enjoy, and this is especially true for many homeless people. Christmas can be an incredibly lonely time, and those on the street often find themselves isolated, with no one to turn to.

Official figures released earlier this year show that homelessness has risen across England for the seventh year in a row. However, there are charities and organisations trying to help tackle homelessness and support those less fortunate. At this time of year in particular, there’s plenty you can do to help support those in need, including buying them Christmas dinner.

Centre Point and Social Bite both run initiatives to buy a homeless person Christmas dinner. On their websites you’ll find more information about how you can help, details of how to make a regular donation, and examples of the incredible work both organisations do.

Or, perhaps you’re looking for an advent calendar with a difference this year? You could take part in a reverse advent calendar, by collecting an item a day in the lead up to Christmas and then donating them to a foodbank. Head over to The Trussell Trust’s website to find out where your local foodbank is and the types of thing they currently need.

Other well-known charities such as Shelter and the Big Issue Foundation provide support for homeless people, as well as local charities in your area. Any donation to these causes, big or small, can help support the great work they do, and it can help try to ensure that no one goes hungry this Christmas.

Your own free will

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We all want to make sure that our wishes are respected once we’re gone, right? But, worryingly, almost two thirds of adults in the UK haven’t got a will.

Age UK and other well-known charities, including the British Heart Foundation and Marie Curie, have come together to help tackle this problem by offering free wills in October. Solicitors across England, Wales, and Northern Ireland have signed-up to Free Wills Month to offer people aged 55 or over a free ‘simple’ will writing service, which can include updating an existing will or drawing up a new one.

A will can explain what you want to happen when you’re no longer here, reduce the tax you pay, and make it easier for family and friends to deal with your estate. As well as allowing you to make sure that your estate goes to the people who matter most, you can also state any gifts or donations you want to make to charity.

Sorting out your will can be a difficult topic to talk about, let alone actively organise. But it can be one of the most important things you do for yourself and your family. And once it’s done, it will likely give you peace of mind too. It makes sense to check your Expression of Wish form while you’re organising your will to ensure that your pension provider knows who you’d like your pension to be left to should anything happen. Get in touch with your pension provider to find out more.

Head over to https://freewillsmonth.org.uk/ for details on how to find a participating solicitor in your area. But remember, appointments may be limited and it only runs during October!

Taking care of the grandkids and your State Pension

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The school term is well underway, those new uniforms are starting to fit a bit better and everyone is getting settled into a routine. Working parents will also be weaving together a complicated web of formal childcare combined with help from friends and family to cover the school run and after-school care. Pension planning falls off everyone’s priority list, as school costs and practicalities need immediate attention. However, there is a little-known National Insurance provision that could offer a bit of help to some of the unpaid army of grandparents, aunties and uncles helping out with childcare at any time of the year. And what better time to look into it than today, National Grandparents’ Day.

Entitlement to the State Pension is linked to an individual’s National Insurance record over their working-age lifetime. Employees and self-employed workers pay National Insurance contributions from their earnings. But for people claiming benefits due to illness or unemployment, National Insurance credits are instead available to maintain entitlement to the State Pension.

Many people have an incomplete National Insurance record for myriad reasons: gaps in paid employment, periods of earning below National Insurance thresholds, time spent living abroad, or early retirement or redundancy. An individual with an incomplete National Insurance record can pay voluntary National Insurance contributions in cash, buying their entitlement to a full State Pension with top-up payments before they reach State Pension age.

However, for some grandparents (and other family members who provide childcare) there may be another option. Formally known as the Specified Adult Childcare Credit, these National Insurance credits are transferrable from a main parent or carer to a grandparent or other family member who provides some childcare for a child under 12.

Child Benefit is available to anyone responsible for a child under 16 (or 20 if in education or training) and includes National Insurance credits for the parent or carer. It is these credits that may be available to transfer, as long as the original recipient doesn’t need them. In practice, childcare is often necessary because a main parent or carer is at work, and so is already making National Insurance contributions from their own earnings. This means that the main carer does not actually need the National Insurance credit that comes with Child Benefit, and so it can be transferred to someone else who does need it.

The National Insurance credit can be claimed by a wide variety of family members or their partners. It’s available for any week or part week of childcare, and for any number of weeks in a year. Applications can be back-dated to 2011, plugging a sizeable gap that might otherwise cost hundreds or even thousands of pounds in up-front voluntary contributions.

For anyone considering voluntary cash payments to plug gaps in an incomplete National Insurance record, completing a very simple form might provide a no-cost option to build a full State Pension entitlement.

The factsheet and form are available from the Department for Work and Pensions website, which also details the helpline number for questions about your own circumstances.

Save up to £2,000 a year on your childcare

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Are you a parent? Did you know that you might be able to save up to £2,000 a year on childcare if your child is under 12 (or under 17 if disabled)?¹

The Government’s Tax-Free Childcare scheme offers families support towards childcare costs of up to £2,000 per child (up to £4,000 if your child is disabled). The scheme adds 20p for every 80p you put in, effectively giving you back the 20% basic-rate tax on what you pay.

You can use the scheme to pay for childcare including nurseries, childminders, playgroups and after-school clubs. And you don’t need to use the money straight away either. You can build up credit to use when you need it most, like during school holidays.

To qualify, you, and your partner if you have one, must both be working, earning a minimum of £125.28 per week if you’re over 25 (the equivalent of 16 hours per week at the national living or minimum wage currently), and each earning less than £100,000 a year.

To find out more, take a look at the Childcare and parenting section of the Government’s website.

The Tax-Free Childcare scheme replaces the Childcare Vouchers system that closes to new applications on Thursday, 4 October 2018. For more information about childcare options visit https://www.gov.uk/browse/childcare-parenting/childcare.

¹www.moneyadviceservice.org.uk/en/articles/help-with-childcare-costs

Saving money on your childcare

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If you are a parent, did you know that you could save over £1,000 a year on childcare for your little ones aged up to 15 (or 16 if disabled)?¹

That is because the cost is taken you out of your gross pay meaning you save money, as you do not pay any tax or National Insurance on it.

In order to get the vouchers, you just need to ask your employer and join their childcare voucher scheme.  You can use the vouchers to pay for childcare including, nurseries, childminders, holiday and after-school clubs.

There is a time limit though to join as these schemes are going to close to new members in the next six months. The vouchers are being replaced by a new system called ‘Tax-free Childcare’, which will give eligible parents an extra 20% towards childcare costs, up to a maximum of £2,000 per child, per year.

In the meantime, it’s worth knowing the difference between the two:

Tax-free childcare

 Childcare vouchers
Anyone can apply Only available if your company offers them
£120 per week minimum (if in a couple, both parents must work) One parent needs to work (no minimum earnings)
Child’s maximum age 11 (16 if disabled) Child’s maximum age -15 (16 if disabled)
Maximum income limit – less than £100,000 per parent No income limit
Buy up to £243 per month Tax and NI free (based on tax band)

To help you make a decision about your options, visit www.gov.uk/childcare-vouchers-better-off-calculator for more information.

¹ www.moneyadviceservice.org.uk/en/articles/help-with-childcare-costs – based on basic rate tax payer with £243 of vouchers each month

Part three: planning to make your dream retirement a reality?

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Have you really thought about what retirement looks like for you? Which aspects of your daily life do you currently take for granted that might have a significant impact on your wellbeing? And importantly, what plans do you need to put in place to make your dream retirement a reality . . ?

It’s worth remembering that you will still be the same you when you retire but with the added benefit of not having to go into work every day! You might be looking forward to the day when you hang up your work hat for good, but don’t under-estimate the positive effect that the old routine has had on you over the course of your working life.

Keeping in touch

You might be shocked to find that you miss aspects of your work routine! The security and familiarity of long-seated routines can be highly influential on mood and mental wellbeing. It’s worth considering how you are going to keep the variety of contact and experiences in your daily life to make sure you enjoy all the free time you suddenly have! Head over to Age UK for a wealth of information on hobbies, travel and activities local to you.

 

Missing your former colleagues? Some of our longest lasting friendships can be forged at work, so don’t be surprised if you feel lonely without daily contact with your work friends. Make time to keep in touch with your friends – you’ll benefit from a huge lift in mood even just going for a coffee and a chat.

 

Does retirement mean being at home with your partner all day, or on your own? People often describe having to get to know their partners all over again when they retire as they’ve never spent so much time together! It can be a challenging time for many in relationships, but incredibly isolating for those who suddenly find themselves at home on their own too. There is help out there for those who experience loneliness and isolation – take a look at the amazing community that Contact the Elderly has built around having a cuppa and a slice of cake!

Whatever retirement looks like for you personally, you can never save or plan for it too early. 4me has a wealth of interactive tools, short videos and a comprehensive library to help you with planning for the future. Find out more about how 4me can help you here.

Embrace some Danish wellbeing to see you through the Christmas chaos

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As the festive season ramps up to fever pitch and we’re all frantically trying to organise our family, holiday, work and home, there doesn’t seem to be much time left to do anything much else apart from sleep.

But it’s exactly at this point when the stresses and pressures of life are at their highest, that the Danes focus on finding moments of ‘hygge’ (pronounced hoo-gah) to ensure that they enjoy some calm comfort amidst the tumult.

A sense of wellbeing

Hygge: wellbeing, comfort, cosiness and enjoying the simple pleasures in life.

The exact meaning of hygge is almost impossible to determine, but is generally described as wellbeing, comfort, cosiness and enjoying the simple pleasures in life. Enjoying a hygge moment could be indulging in a quiet night in with hot chocolate and a good book, but it could equally be enjoying a cycle ride outside in the fresh air. Although the activities are seemingly unconnected, they both feed into a holistic sense of wellbeing – nourishing the mind and body with goodness.

Work life balance

This idea of general wellness also has a solid focus on maintaining a strong work life balance which sees the majority of Danes starting work at 8am and finishing at 4pm, Monday to Friday. The Danes begin and end their working day early to make the most of the daylight hours, especially in winter, and simply don’t stay late after work, placing great value on time spent at home with their family at the end of the day. The OECD Better Life Index states that ‘only 2% of employees work very long hours’ which is significantly less than the OECD average of 13%.

Work related stress

This work ethic is the accepted norm in Denmark and goes some way to avoiding underlying expectations to work longer than contracted hours to ‘get the job done’ which are more prevalent in the UK. It’s clear to see the correlation between a poor work life balance and increased stress levels, and this is highlighted in our recent Why BWell survey with 25% of UK respondents saying that they struggle to manage workplace pressure. Alongside this a third of people surveyed said that they believe their job has a negative impact on their mental health, and 20% admit they don’t get regular exercise.

Clock off and check out

There’s definitely something to be said for making some time for a hygge moment or two in the face of such statistics, and to help with navigating the most overwrought time of the year. Perhaps adopting a strict rule of clocking off on time most evenings to ensure you make it home to eat dinner with your family, or being mindful about creating joy in life’s everyday moments will be just enough to help you keep your ‘balance’ right through to the New Year.

Why BWell? If you’re interested in reading more about the current state of workplace wellbeing in the UK, you can download a copy HERE. 

Work-life balance: achieving the happy medium

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If you frequently surface from looking deep into the eyes of your work laptop to find that 6pm silently slid past more than an hour ago, or if the first thing you think about when you wake up is the email you sent late the night before, it is likely that your work-life balance is looking rather unhealthy.

Research by the Mental Health Foundation has found that more than 40% of employees neglect other aspects of their life because of work, and nearly two thirds have experienced a negative effect on their personal life including mental health problems, physical health issues, relationship and home life problems as well as a general lack of personal development.

There are measures that we can all put in place to try and refocus on working to live, rather than living to work, but with self-discipline and taking a firm stance top of the agenda, be prepared to toughen up!

40% of employees neglect other aspects of their life because of work.

Speak up

If your workload is unreasonable, and increasing demands are resulting in more overtime than home-time then you will need to find a way to tell your employer. If they aren’t aware that work expectations are too much, then they can’t help you.

Protect yourself

Work-related stress can result in mental health issues, so make sure you have measures in place to combat it. Make time for your hobby, exercise and social life to help ease the pressures of the working day and don’t cancel because you ‘need’ to stay late at work!

Shut off

Easy to say but often difficult to do. As you leave the office (on time!) make sure you mentally acknowledge that you have ‘left the building’ so you have effective closure at the end of the working day. Don’t look at your work emails after your official ‘home time’ and if you absolutely MUST take work home, then confine working to only one area of the house so that you can close the door on it when you’re done.

Time out

Eating at your desk might seem like the ideal way to be more productive, but it’s actually better for you to take a proper break away from your desk. Taking a walk will also raise those endorphins and help raise your productivity for the afternoon.

Work smart

Not hard. You’ll need to be very self-disciplined with your workload and prioritise effectively, but efficiency means you should be able to finish on time . . .