For many people Christmas is a financial pinch and as the cost of living crisis continues to loom people are under more pressure at this time of year than ever. But while December is an expensive month there are additional payments coming to many. For instance there are further cost of living payments due to arrive in December along with the next instalment of the £400 energy rebate.
As well as this for people who claim benefits there could be additional payments and also changes to when their benefits are paid due to bank holidays in December and January. The way Christmas falls this year will mean a slight change to when you get your money.
It's also likely people will see the true rise of inflation this month as the Office for National Statistics announces the inflation rate for the next 12 months in December. It's already above 11% with financial forecasters predicting this could rise again.
