Martin Lewis has urged people to check they're not missing out on potentially thousands of pounds worth of extra help.
In a recent newsletter, the MoneySavingExpert urged people to check if they were eligible to claim benefits.
He noted that from April, most benefits, including Universal Credit, increased by 10.1% which was more than some people's wages.
This meant that some low income households would now likely qualify for the help even if they didn't last year.
Martin explained that people claiming certain benefits, such as Universal Credit, from now would then likely be eligible to receive the second and third cost of living payments for 2023-24.
This would add an extra £600 to their finances.
Those who are unsure of whether they would be eligible to claim benefits can check with the Money Saving Expert's benefits calculator and that checking would only take 10 minutes out of your day.
The MoneySavingExpert benefit checker was built by specialists at Entitledto and covers most of the Department for Work and Pensions (DWP) payments.
However, it doesn't cover them all so you should use the tool as a "ready reckoner" or a prompt to investigate further.
To get your result, you will need to provide details on your living situation, who is in your household, your age and whether you have a disability, your income and your monthly spending.
If you are found eligible to claim benefits and successful after applying then you will most likely be eligible to claim the next cost of living payment which is worth £900 overall.
The first payment, worth £301, is set to be paid between April 25 and May 17 and those getting this specific payment need to be claiming a certain benefit, or later found eligible to claim one, during the qualifying period.
The qualifying period for the first payment is between January 26 and February 25.
The second payment, worth £299, is due to be sent in the autumn of this year while the third payment, of £301, will be sent in spring 2024 - no official date has been announced yet.
The qualifying periods for the next two payments have also not been confirmed by the DWP but will usually be announced when the payment date has been set.