Freedom251 › Employee Financial Wellness Software
My Money Matters
What My Money Matters is
My Money Matters combines workplace financial education and coaching with products for saving, pay access and pension contributions. Eligible employees can use On-Demand Pay to access up to 50% of earned salary before payday, capped at £850 per month, for £1.95 per transaction. Auto Savings transfers a chosen amount from salary into a high-interest savings account each payday, with access to savings when needed. Active LGPS members can use Shared Cost AVCs to top up a pension through salary sacrifice, saving on tax and National Insurance. Financial support includes health checks, learning resources, live webinars, one-to-one coaching and Max, an AI assistant for money questions, resources and next steps. The service is built for public sector employers and is available to employees whose employer partners with My Money Matters, including partner LGPS members and NHS employees. The employer service has no joining or monthly fee. Apps are available for iOS and Android, and employees can also sign in through the web platform.
Who it suits
It is intended for public sector employers and their employees, including employees of partner employers, partner LGPS members and NHS employees. Active LGPS members may also use its Shared Cost AVC offering.
What it does well
- Employer service has no joining or monthly fee.
- Employees can access one-to-one coaching.
- Auto Savings transfers a chosen amount each payday.
- Available on web, Android and iOS.
What to know first
- On-Demand Pay costs £1.95 per transaction.
- Access depends on an employer partnership.
- The service does not provide financial advice or personal recommendations.
Limits
Employer access has no joining or monthly fee. On-Demand Pay costs £1.95 per transaction and is limited to 50% of earned salary, up to £850 per month.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Employer service | No joining or monthly fee for the employer; employee On-Demand Pay costs £1.95 per transaction | On request |
As mymoneymatters.com lists them, read 30 Sept 2026. The maker's own page has the final word.
Getting started
- Visit the My Money Matters website and check whether the employer partners with the service.
- Ask the employer about onboarding and integration.
- Use the web platform to sign in, or access the service through the Android or iOS app.
- Review the employee communications and education materials provided for launch.
Verdict
My Money Matters brings education, coaching and several workplace financial products into one service. Its availability depends on an employer partnership, and its information is general guidance rather than personal financial advice.
Questions
Is My Money Matters free?
The employer service has no joining or monthly fee. Employees pay £1.95 for each On-Demand Pay transaction.
Who can use the service?
It is available to employees whose employer has partnered with My Money Matters, including partner LGPS members and NHS employees.
Which platforms are available?
My Money Matters is available on the web, Android and iOS. Its FAQ directs employees to sign in through the web platform.
Which payroll integrations are available?
The maker lists IRIS Cascade, IRIS Staffology, Shape/Ciphr and SAP as current integrations. Workday, Oracle and ADP are in progress.
Does My Money Matters provide financial advice?
No. The maker says it provides general guidance, not financial advice or personal recommendations.
What does On-Demand Pay cost?
Each transaction costs £1.95. Eligible employees can access up to 50% of earned salary, capped at £850 per month.
Facts from My Money Matters's own pages
- Advice limitation
- The maker says it does not provide financial advice or personal recommendations, and its information is general guidance only. · mymoneymatters.com, 30 Sept 2026
- AI assistant
- Max is available within the platform to answer money questions, point users to resources and suggest next steps. · mymoneymatters.com, 30 Sept 2026
- Automated savings
- Auto Savings moves a chosen amount from salary into a high-interest savings account each payday, and the savings are accessible when needed. · mymoneymatters.com, 30 Sept 2026
- Core offer
- My Money Matters combines workplace financial education and coaching with financial products including Shared Cost AVCs, On-Demand Pay and Auto Savings. · mymoneymatters.com, 30 Sept 2026
- Financial coaching
- The service includes financial health checks, learning resources, live webinars, one-to-one coaching and an AI financial assistant called Max. · mymoneymatters.com, 30 Sept 2026
- Headquarters
- London, United Kingdom · mymoneymatters.com, 28 Sept 2026
- Intended audience
- The service is built for public sector employers and is available to employees whose employer has partnered with My Money Matters, including partner LGPS members and NHS employees. · mymoneymatters.com, 30 Sept 2026
- Mobile apps
- The maker provides My Money Matters apps for iOS and Android, and its FAQ directs employees to sign in through the web platform. · mymoneymatters.com, 30 Sept 2026
- Payroll integrations
- The maker lists IRIS Cascade, IRIS Staffology, Shape/Ciphr and SAP as current payroll integrations, with Workday, Oracle and ADP in progress. · mymoneymatters.com, 30 Sept 2026
- Pension contributions
- Shared Cost AVCs let active LGPS members top up their pension through salary sacrifice, saving on tax and National Insurance. · mymoneymatters.com, 30 Sept 2026
- Privacy
- The website privacy notice says AVC Wise Limited is the data controller for personal data processed through the website and that separate notices apply to platform and mobile services. · mymoneymatters.com, 30 Sept 2026
- Salary advances
- On-Demand Pay lets eligible employees access up to 50% of earned salary before payday, capped at £850 per month, for £1.95 per transaction. · mymoneymatters.com, 30 Sept 2026
- Security certifications
- The maker lists ISO 27001, ISO 9001 and Cyber Essentials Plus certifications. · mymoneymatters.com, 30 Sept 2026
- Setup
- The maker says it handles onboarding and integration, and provides employee communications and education materials for launch. · mymoneymatters.com, 30 Sept 2026
- Support
- The maker lists [email protected] for support enquiries. · mymoneymatters.com, 30 Sept 2026