Money adviser
Money advisers help people whose debts have become too large or difficult for them to handle.
Typical Salary
£20,000 – £28,000
per year
Working Hours
30–32
hours per week
Day-to-day tasks
As part of your day-to-day duties you may:
- talk to clients about their money problems
- look at income and outgoings
- carry out a benefits check and support benefit claims
- work out a sensible budget
- help put debts in order of importance
- talk with creditors to sort out a practical repayment plan
- gain the client's agreement to any repayment plan
- talk about other options like bankruptcy and what happens in court
- take the place of clients in court when asked to do so
Skills needed
- customer service skills
- knowledge of economics and accounting
- maths knowledge
- to be thorough and pay attention to detail
- sensitivity and understanding
- persistence and determination
- analytical thinking skills
- excellent verbal communication skills
- to be able to use a computer and the main software packages competently
How to get into this role
You can get into this job through:
- an apprenticeship
- volunteering
- applying directly
- specialist courses run by a professional body
Career progression
With experience you could become a specialist caseworker, or be promoted to a team leader or management post.
You could move into training other money advice workers.