Gill Critchley
With everyone searching for ways to save money during these tough financial times, it’s important to discover new ways that cut help you cut down on the cost of things you’re spending your money on;
Clear your credit card debt
A great way of ensuring that your financial planning is in order is to make a determined effort to clear your most expensive debts first and this usually means your credit cards. Credit cards do offer a very convenient way to pay for things but if you know you’re going to be unable to pay the balance every month then it might be worth considering a low-cost loan instead. Compare the credit card offers online to make sure you know the best deal you’ll get and then decide which option would suit you and your financial situation best.
Make a shopping list
Food shopping is a huge part of our monthly spending and the supermarket is where most of the money is spent. Studies have found that Tesco takes £1 from every £8 UK shoppers spend. It’s worth remembering though that stores spend huge amounts of money on studying ways to make us part with all our hard-earned cash and you will surely have noticed at the checkout that the bill is often more than you had expected it to be. To stop this from happening, simply make a shopping list. If you’re looking for new furniture additions for the house for example, then make sure you plan what you’ll need before going out searching for the items. Doing this and searching sites such as moneysupermarket.com for Argos vouchers and B&Q vouchers could really make a huge difference to your savings.
Cut the cost of your fuel bills
As the huge global demand for power threatens to outweigh supply, prices are on the increase. This doesn't mean however that you need find yourself being ripped of by your power supplier. The domestic market for fuel is a competitive one and the great thing about this is that it means you can change supplier with just a few clicks of the mouse. Your new energy supplier will be able to take care of all the formalities - you can just pay less every month.
Consider installing a water meter
Tap water is often taken for granted, but why not? The companies that supply it are there to make a profit; we pay them to supply the water so surely we have a right to expect it to flow freely from our taps. The problem with this however is what if it doesn’t rain? If we didn’t have rain for a long period of time then the supply would run dry and the price would inevitably go up. This is why you may want to think about having a water meter installed, you could be very surprised to discover that this can help you halve your annual bill.
A vouchers article by Gill Critchley for the price comparison site; moneysupermarket.com.
