Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk
With the weather still looking a little grey outside, there is no better reason to spend some time indoors considering how you can make your finances work better for you. Not sure where to start? Need to find inspiration on where you may be spending out too much? Why not check out our top tips for Spring Cleaning your finances and making 2018 a much more financially rewarding year for you!
You may be surprised by just how much your utilities and subscriptions can cost you on a regular basis. For some utilities it may seem like there is not much you can do, such as gas and electric, but if you take the time to shop around and compare suppliers then you can save money each month. Not only this, but you also need to weight up your subscriptions too. Do you need them all? Or could you choose just one that will give you all your need, but not deplete your funds each month.
There are lots of people who have debt, and it can be entirely manageable if you think about it properly. One of the worst things about debt, particularly credit cards, is the interest that is charged. This is particularly true if you only make the minimum payment each month. Consider switching to a 0% credit card, or perhaps look at consolidating your debt with a larger loan. Both of which can save you money in the long term, as well as make your debt more manageable.
If you are worried that you simply don’t have enough money coming in to sort out your finances, then you may want to consider ways to make some extra cash each month. There are a variety of ways that you can do this, some people may sell things on website such as eBay or Etsy, whilst those who have a sellable talent may find that People Per Hour or other freelance websites are the best bet.
You may be surprised to learn just how much money you spend out each and every month on food. Not only this, but you may also be surprised how much of t hat food you waste. Grocery shopping is a great way to get your finances in check. Think about cheaper ways to buy food, such as other supermarkets and also consider how you prepare and plan your meals too. All things that can save you money.
We all love doing things with our families, however, it can be expensive to entertain everyone. Rather than cutting out activities and family time all together, there are ways that you can try and save money. Website such as Day Out With The Kids give you a whole host of awesome ideas, some of which will save you money!
So, what are you waiting for, why not think about ways that you can Spring Clean your finances and make the most of every penny that you have.
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