The news will come as a relief to anyone struggling to make their money stretch
Millions of workers across the UK are to be paid early in January, which will come as a relief in one of the most difficult months of the year for home finances 43% of people surveyed said January is the worst month of the year for their finances and among 25 to 54 year olds January is the most difficult month for finances, according to a survey by Saga Savings, with 54% struggling with money.
As well as the expense of Christmas – with gifts and celebrations having to be paid for – many people were paid early in December, ahead of the Christmas bank holidays, meaning the monthly wage has to stretch further . Of those paid monthly, 38% say they may struggle before their next pay packet because of the early December pay day.
Energy bills are also going up in January, with food price inflation currently at around 6% as well – meaning shopping is more expensive. Dean Beale, Chief Executive Officer of the Insolvency Service said: “ There will be many people starting the New Year feeling overwhelmed by serious debt. Our key message is that you are not alone, but it is important to address it as soon as possible. There are lots of options available to help people begin a journey out of problem debt.”
Vikki Brownridge, CEO of StepChange Debt Charity, said: “The winter months can be especially tough for our wallets – simply starting to use the heating and turning on the lights earlier quickly adds up, not to mention the festive period and the additional costs that will bring for millions.” She added: “If you find yourself struggling with your finances, a debt advice charity like StepChange can help with free, confidential and impartial guidance.”
Fortunately, for millions of people, payday will come a little earlier in January 2026. Many people are regularly paid on the 25th of each month, but in January 2026 the 25th is a Sunday – meaning payday will come on January 23. The couple of extra days could make all the difference for people struggling to pay bills and buy food, or having to pay interest and charges on debts and overdrafts.
It will also mean not going into another weekend without money. For those paid on the last working day of the month, that will be January 30, rather than January 31 – a 24-hour reprieve. For those who are paid on the last Friday of the month, unfortunately, that couldn’t come much later as that will be January 30.
Citizens Advice has practical advice on dealing with debt.
