It is surprising the money you can save if you review and replace your current financial obligations. Spend a day reviewing your current outgoings and shop around or speak to a financial adviser like ourselves to see if we can help you obtain comprehensive but more cost-effective cover- (it can take some time but can be worth it in the savings you could make!)
Here are a few areas you could save a few pennies to pounds, and while the individual savings may seem small, they soon mount up and you could wind up saving hundreds!
Food
Nobody is stipulating that you must sacrifice quality but have you tried swapping branded items for a shop’s own brand version? Give it a go, you may notice little difference in the product but a nice saving in the cost. If you’re feeling brave try a ‘cheaper’ supermarket than your usual and see if you could save money and still enjoy the foods you love.
Council Tax
Many people may be in the wrong band and therefore paying the wrong amount. It takes a few moments to check and could save you a fair bit of cash.
Home phone and broadband
Unfortunately, price walking (rising prices annually for loyal customers) in these products is still rife, so shop around and see where you can secure a cheaper deal, or challenge your current provider to see if they can offer you a better deal before you look elsewhere.
Direct Debits
Take a look at your direct debits, you could be paying out on expenses you don’t really need or stopped using ages ago, but never stopped the direct debit?
Re-mortgage and replace bigger outgoings with our guidance
If you’re due to remortgage (and more so if you’re on a standard variable rate) speak to us about how we can help review your mortgage deal and look for potential savings.
Similarly, speaking to us about insurance and protection policies you have could help ensure not only are they suitable for your needs but the most cost-effective options too.
Looking through your bank statements and cleansing what you can by reviewing it, could save you a lot of money when added up, so put the time aside to take a look.
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