The House of Lords is to debate government proposals to cap household benefits at £26,000 and the outcome could have money management implications for householders.
Work and pensions secretary Iain Duncan Smith is seeking to push through legislation, but may find significant opposition in the upper chamber.
Among those against the government's plans is the Child Poverty Action Group (CPAG), which has claimed the reasoning behind the caps is based on a series of myths.
It said it is not the case that non-working families have more money than working ones, as well as disagreeing with the government view that nobody with a disabled family member will be affected.
Another "myth" is that it is only a cap for work claimants on benefits.
CPAG said a couple working up to 23 hours a week will be affected as this has been confirmed by a recent impact assessment.
It also said the biggest problem is that most claimants are in private rented accommodation where the money will go to the landlord, which could leave people short for essentials once this has been paid.
Whether CPAG's claims are correct or not, the reduction in benefits could still mean many needing to tighten their belts and one way to do this is to use a budget planner.
These work by helping people to track how much they are spending in each area of economic activity, so that it becomes simple to work out how much all the essentials are costing.
From this point, households can cut down their discretionary spending as well as investigating ways they may be able to pay less for essentials, such as switching energy suppliers.
Another change in the social security system coming up is a loss of child benefit for higher rate taxpayers, which would cost over £1,750 a year for a family with two eligible children, NFU mutual has warned.
And while 680,000 households will be affected by the change, NFU noted 180,000 of these will have just the one earner.
While such families may not be as strained as some because they are earning more, using a budget planner may help when they have to make the adjustment from 2013.
Chancellor George Osborne is shortly to set out details of how the changes to this benefit will work.
