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10 Money Saving Tips
Ready to sort out your finances? We have listed 10 easy ways in which you can save vital money this year. If you follow all 10 you could save around £2000.
Savings
Potential Yearly Savings
Average Yearly Savings
1
Transfer Your Credit Card Balance
£0 - £1000
£500
Compare the current best credit card offers online now, and make sure your credit card is working for you. You could save hundreds of pounds in unnecessary interest payments if you transfer your outstanding credit card balance to a 0% on balance transfer credit card now.
2
Switch your Energy Supplier
£50 - £200
£100
During the first seven months of 2007 2.8 million households saved by switching their gas and electricity to a new supplier. Ofgem estimates that you could save more than £100 a year by switching.
3
Compare Car Insurance Providers
£50 - £300
£150
Do you have the cheapest car insurance policy? compare 97% of online insurance providers by filling out one simple form, and make sure you have the cheapest insurance policy available.
4
Check Your Home Insurance
£100- £250
£175
Make sure your home contents are building are covered this winter and compare over 65% of online home insurance providers and get the best deal for you.
5
Save The Planet & Money
£0-£300
£200
The UK waste around £6 million worth of energy every year. Which means that for every £3 we spend on heating our homes £1 is wasted because of poor energy efficiency. Read our guide on how to be more energy efficient and save money too.
6
Savings Accounts
£0 - £500
£250
Don't forget to make use of your tax free savings allowance by investing up to £3000 in your ISA before the April deadline. Also, compare the leading savings accounts online now, for any savings that will not fit in your ISA.
7
Switch Current Accounts
£0 - £160
£100
According to our survey 75% of you have remained loyal to your banks for more than 5 years, despite most accounts having a measly interest rate of just 0.1 per cent. Compare the best current accounts and ensure that you are not missing out on lost interest now.
8
Broadband, TV & Phone Bundles
£100 - £300
£200
You could save time and money by getting your Broadband, TV, and phone from one supplier. Read our handy guide to the advantages and disadvantages of bundling and understand how much you can save.
9
Get Breakdown Cover
£100 - £500
£300
The police may charge you over £200 to tow your car off the side of the road if you breakdown, so make sure you have suitable breakdown cover before you make any long journeys this winter.
10
Keep a Budget
£0- £200
£150
Keep a daily budget of all your income and expenditure and ensue that you are not wasting your money. Visit our debt centre for more practical money saving advice now.