CITIZENS Advice Taunton expects January to be the busiest month for advice on finances.
The charity is expecting around 150 clients to seek advice on financial matters by the end of the month.
It comes as the organisation reveals people are more likely to research financial decisions in January than any other time of the year.
Analysis shows that across the country demand for money and debt advice is highest in January and February, with one person contacting their nearest Citizens Advice for help every 11 seconds and people visiting the Citizens Advice website every three seconds in January.
While January is often associated with squeezed budgets and debt worries, Citizens Advice Taunton is also expecting people to contact them with money queries as they take stock of their money situation and plan their finances long-term.
Citizens Advice Taunton anticipates that the most common questions around managing debt will cover council tax arrears, rent arrears and credit cards.
Jon Shoesmith, chief officer of Citizens Advice Taunton, said: "The beginning of the year is the best time to take stock of your finances and think about your priorities for the future, not just for the next month but for the next year and beyond.
John Shoesmith.
"Although many people will be focusing on their next couple of pay cheques after the busy Christmas period, people can also use the time to review whether they can save money on their bills or set a savings goal.
"Whether you’re looking to deal with debts, cut your costs or budget better, Citizens Advice can help you review your overall money situation so you can make decisions that improve your financial security.”
For those who find themselves in hardship this year, there are some charitable schemes that can be taken up – Wessex Water has an initiative called TAP that helps customers repay debt or reduce their bill if it is unaffordable.
There are several local charities that may be able to help with the purchase of essential items and major utility companies have schemes that can assist customers need.
For further information and advice contact the Citizens Advice Somerset Adviceline on 03-444889623, click here or call in to St Mary’s House, Taunton.
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