Pip backpayment

Hi madmanx,
Well done on getting your award.
PIP is not subject to any form of means test and you can be swathed in gold and still be entitled to it. If however you are also getting a benefit which considers your capital, like for example UC, then you might need to be a little more cautious. Capital can be cash under the bed, in the bank or the value of the gold around neck. Check which benefits you are entitled to, and check the capital restrictions.
Whatever you do with it, I hope you enjoy your back payment.
Catherine

Hi madmanx

When ever I am asked this by a client, I usually say buy a funeral plan. Funeral plans are now regulated, a few companies have recently gone under before they were regulated. If you do decide to go down this route, pay for the plan via a credit card then pay off your credit card, your payment is then protected by section 75 of the CCA for peace of mind.

Gary

I agree with Gary about a funeral plan. You might also want to consider whether any major appliances are coming towards the end of their lives. If your washing machine only spins properly after being spoken to nicely this is the time to replace it.
Just make sure that you keep a record of any major items you spend money on, and ideally the receipts. The expenditure should be reasonable - so yes to to a washing machine, no to a world cruise.
Hope you get my drift,
Catherine