Those who are on a low income, Martin said, could be eligible for a type of savings account which is known as Help to Save.
It could be useful in helping individuals to get started on a savings journey, and bolster their finances with a Government boost.
Martin explained: “If you’re on a low income, likely on Universal Credit, there is a plan called Help to Save, which is a Government savings scheme.
“You can put up to £50 in a month, and then after two years, they’ll give you a 50 percent bonus of the maximum you’ve saved in it.
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