Read or share tips on saving money
Money Savings Tip #15Trackash.com: Best way to manage money.. 10)We can learn how to financially smart Its basic functionalities are free but to get advance futures we need to upgrade the account |
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Money Savings Tip #14If you enjoy a glass or two in these tough times (and who doesn't?), instead of expensive champagnes to entertain your guests - try some sparklers from Italy. Their vines have been around for a long time & they have the passion & knowledge to make great fizzy. Whilst they don't have snob value, many taste delicious. If you shop at Tesco Wines, search for special offers, you will often get your hands on some great bottles at 50% off. Cheers! |
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Money Savings Tip #13Most directory enquiries services charge to find you a telephone number. However, if you dial 0800 100100 from a landline, you will get it for free – you just have to listen to a short ad before you get the number. |
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Money Savings Tip #12Travel insurance renewal is due so one would normally just renew for convenience but why do that if you are not going on holiday just yet? You are wasting cover which you are not going to use. Wait until you have a holiday booked before you renew your policy and always phone and say you have a better deal elsewhere and they will need to improve on their premium to keep you as another vlaued customer for a further year. |
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Money Savings Tip #11Check your bank account statement every week. Most people don't, but, trust me, banks make mistakes and over charge with alarming frequency. Just 10 minutes a week will ensure that you never lose your hard earned cash. It is easy to set up online statements with most banks & this way you won't get charged an admin. fee. |
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Money Savings Tip #10Pay off your most expensive credit card first. The one with the highest APR. When that's paid off, work your way back. You'll be amazed how much you'll save. |
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Money Savings Tip #9Grocery shopping online - this is not just convenient, it saves you money too. After choosing all your items, you can then confirm your order before you pay and it is at this point that you can make sure you are on budget for what you can afford that week. If you have over spent, simply deselect a few of those luxury items or choose a cheaper supermarket own brand option (for non food items I have found these to be just as good). By shopping this way, it gives you the chance before you proceed to 'checkout' to buy what you can afford. You cannot do this at a check out in a supermarket! |
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Money Savings Tip #8Times are tough but if you can, over pay on your mortgage. If you are used to the pain of your monthly mortgage but have seen payments fall dramatically in recent months, resist the temptation to fritter away the saving each month. Instead, continue the payment as it was say a year ago. You will be amazed how you start to chip away at your mortgage & could save yourself thousands of pounds in the long run. Let's face it, you will earn next to nothing in a savings account at the moment. |
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Money Savings Tip #7Write things down! Sounds basic but how many people actually do a budget of monthly out goings v income? Do a list of mortgage / rent, council tax, gas, elec etc and put the amount next to it. You will then have a clear indication from your monthly income, minus these costs, what you have left each month to spend on extras, going out etc. This will help you stay in budget, hopefully! Put the budget sheet in a visible place such as the fridge door, notice board so it is there to remind you of your budget. |
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Money Savings Tip #6Have you met any poor Accountants recently? No, I thought not. So, follow their advice. When they buy a car they frequently go for what's called a Personal Contract Purchase (PCP). Here's how it works: It's designed to be a personal contract for private individuals. It's therefore classed as a conditional sale agreement & offers you protection under the Consumer Credit Act. In a nutshell, it's a great way to avoid the dreaded depreciation trap. This is when a car's value plummets, the minute you drive out of the showroom & wipes that grin off your face! A PCP agreement allows you to set up a contract term, with monthly payments. At the end of the term, you have the flexibility to either purchase the vehicle, take out a new agreement or simply hand it back & walk away. It allows you to budget, as you have fixed costs; haggle, as the dealer wants you to take up the deal & enjoy your motoring, as you won't fall foul of the evil Dr Depreciation! |
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Money Savings Tip #5If you are thinking about that new car purchase whilst deals are good, timing is everything. Most dealers work to quarterly targets. Not always, but typically, Q1 - end of March, Q2 - end of June etc. Car manufacturers have targets too from their parent company as factories have to keep the car production lines running. So, approach a dealer in the last month of a quarter and be prepared to haggle! If your new car sale is the one to clinch the dealer's quarterly target, you are in luck - your friends will be green with envy at your savvy powers. |
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Money Savings Tip #4If you are a Tesco clubcard holder and receive your reward vouchers quarterley, do not spend them in the store as you receive more reward spend for your vouchers by spending with one of Tesco's reward partners. As an example, if you receive £10 tesco clubcard vouchers and want to treat yourself to a meal, for every £10 of Tesco vouchers gives you £40 worth of clubcard reward tokens for restaurants such as Pizza Express. Log on to www.tesco.com/clubcard and select 'spend my vouchers / reward partners' for a list of where you can spend. |
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Money Savings Tip #3If your car or home insurance is coming up for renewal, instead of going through to the renewal section, go through to cancellations and say you have had a better deal elsewhere. This department will then offer better discounts on your renewal as they do not want to lose you as a customer, so 9 times out of 10 you save more money on your renewal premium. |
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Money Savings Tip #1Always open your bank statements and bills. Sounds crazy, but lots of people don't. |
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Money Savings Tip #6Have you met any poor Accountants recently? No, I thought not. So, follow their advice. When they buy a car they frequently go for what's called a Personal Contract Purchase (PCP). Here's how it works: It's designed to be a personal contract for private individuals. It's therefore classed as a conditional sale agreement & offers you protection under the Consumer Credit Act. In a nutshell, it's a great way to avoid the dreaded depreciation trap. This is when a car's value plummets, the minute you drive out of the showroom & wipes that grin off your face! A PCP agreement allows you to set up a contract term, with monthly payments. At the end of the term, you have the flexibility to either purchase the vehicle, take out a new agreement or simply hand it back & walk away. It allows you to budget, as you have fixed costs; haggle, as the dealer wants you to take up the deal & enjoy your motoring, as you won't fall foul of the evil Dr Depreciation! |
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Money Savings Tip #15Trackash.com: Best way to manage money.. 10)We can learn how to financially smart Its basic functionalities are free but to get advance futures we need to upgrade the account |
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Money Savings Tip #10Pay off your most expensive credit card first. The one with the highest APR. When that's paid off, work your way back. You'll be amazed how much you'll save. |
|
Money Savings Tip #7Write things down! Sounds basic but how many people actually do a budget of monthly out goings v income? Do a list of mortgage / rent, council tax, gas, elec etc and put the amount next to it. You will then have a clear indication from your monthly income, minus these costs, what you have left each month to spend on extras, going out etc. This will help you stay in budget, hopefully! Put the budget sheet in a visible place such as the fridge door, notice board so it is there to remind you of your budget. |
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Money Savings Tip #5If you are thinking about that new car purchase whilst deals are good, timing is everything. Most dealers work to quarterly targets. Not always, but typically, Q1 - end of March, Q2 - end of June etc. Car manufacturers have targets too from their parent company as factories have to keep the car production lines running. So, approach a dealer in the last month of a quarter and be prepared to haggle! If your new car sale is the one to clinch the dealer's quarterly target, you are in luck - your friends will be green with envy at your savvy powers. |
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Money Savings Tip #4If you are a Tesco clubcard holder and receive your reward vouchers quarterley, do not spend them in the store as you receive more reward spend for your vouchers by spending with one of Tesco's reward partners. As an example, if you receive £10 tesco clubcard vouchers and want to treat yourself to a meal, for every £10 of Tesco vouchers gives you £40 worth of clubcard reward tokens for restaurants such as Pizza Express. Log on to www.tesco.com/clubcard and select 'spend my vouchers / reward partners' for a list of where you can spend. |
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Money Savings Tip #3If your car or home insurance is coming up for renewal, instead of going through to the renewal section, go through to cancellations and say you have had a better deal elsewhere. This department will then offer better discounts on your renewal as they do not want to lose you as a customer, so 9 times out of 10 you save more money on your renewal premium. |
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Money Savings Tip #14If you enjoy a glass or two in these tough times (and who doesn't?), instead of expensive champagnes to entertain your guests - try some sparklers from Italy. Their vines have been around for a long time & they have the passion & knowledge to make great fizzy. Whilst they don't have snob value, many taste delicious. If you shop at Tesco Wines, search for special offers, you will often get your hands on some great bottles at 50% off. Cheers! |
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Money Savings Tip #13Most directory enquiries services charge to find you a telephone number. However, if you dial 0800 100100 from a landline, you will get it for free – you just have to listen to a short ad before you get the number. |
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Money Savings Tip #12Travel insurance renewal is due so one would normally just renew for convenience but why do that if you are not going on holiday just yet? You are wasting cover which you are not going to use. Wait until you have a holiday booked before you renew your policy and always phone and say you have a better deal elsewhere and they will need to improve on their premium to keep you as another vlaued customer for a further year. |
|
Money Savings Tip #11Check your bank account statement every week. Most people don't, but, trust me, banks make mistakes and over charge with alarming frequency. Just 10 minutes a week will ensure that you never lose your hard earned cash. It is easy to set up online statements with most banks & this way you won't get charged an admin. fee. |
|
Money Savings Tip #9Grocery shopping online - this is not just convenient, it saves you money too. After choosing all your items, you can then confirm your order before you pay and it is at this point that you can make sure you are on budget for what you can afford that week. If you have over spent, simply deselect a few of those luxury items or choose a cheaper supermarket own brand option (for non food items I have found these to be just as good). By shopping this way, it gives you the chance before you proceed to 'checkout' to buy what you can afford. You cannot do this at a check out in a supermarket! |
|
Money Savings Tip #8Times are tough but if you can, over pay on your mortgage. If you are used to the pain of your monthly mortgage but have seen payments fall dramatically in recent months, resist the temptation to fritter away the saving each month. Instead, continue the payment as it was say a year ago. You will be amazed how you start to chip away at your mortgage & could save yourself thousands of pounds in the long run. Let's face it, you will earn next to nothing in a savings account at the moment. |
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Money Savings Tip #1Always open your bank statements and bills. Sounds crazy, but lots of people don't. |
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