Tips on how to Save Money for Emergencies

save-money-for-emergencies

It can be wise to put money by in case you need it for an emergency. This could be if you suddenly need to replace a white good, need new school uniform for your children, run out of money for food before pay day or have a bill that you were not expecting. Many people will have some money put aside to cover these sorts of things, perhaps in a savings account. However, a savings account may not be the best place to keep it because it can be tempting to spend it as it is easy to get hold of. It probably will not earn a lot of interest there either because interest rates are so low.

A pre-paid credit card is a good way to save the money and you will not be able to spend it if you leave the card somewhere where it cannot easily be accessed. Then if you need to buy something in an emergency, you will have the money on the card ready to spend. Most places will take payment on a credit card and you will be able to therefore use it to pay for something you need in an emergency. Continue reading

Saving money as a student

Saving money as a student

Budgeting as a student is an ordeal for most people, and trying to find enough money to buy the right foods, new clothes and textbooks that you need can be a real struggle. While short term loans are a possibility for students, it’s not always the best option, and you can definitely make things a lot easier for yourself by thinking about where the problem comes from and what you can do to prevent any financial problems happening in the first place. Here are a few of the things that you can do as a student in order to save some money.

Make your own food

You should avoid buying takeaway food, and even packaged and processed foods can work out a lot more expensive than you think. You might think those £3 meal deals are a great bargain, but if you do that twice a day each day of the week, you’re spending over £40 per week and not even getting the goodness than you need in your diet. Plan ahead and make a shopping list, then visit the local supermarket and pick up some fresh foods to cook yourself. Continue reading

12 ways to save money

Here are 12 ways that you can save some money. I hope some of them are useful. Do you have any more ideas?

  1. Find a better broadband deal: If you shop around you can get some great deals on broadband nowadays.
  2. Check to see if you are getting the best deal on your gas and electricity.
  3. Use loyalty cards: Using a loyalty card for your shopping can be a great way to get cash vouchers off of your shopping as well as discount vouchers and special offers.
  4. Record your expenses and income: If you keep a track of your money it becomes encouraging when you can see that you have been able to reduce your outgoings.
  5. Lose the brands: You may not be a fan of own brand products but many are actually not that bad or as good as the branded version. If you do not want to sacrifice food brands, why not start with other things such as toilet rolls, washing powder and household products. Continue reading

Make High Electricity Prices A Thing Of The Past With This Handy Guide

If you are looking to get the best possible electricity prices for your household, there are a number of things you can do to help you on your way.

In this blog I discuss a number of considerations to have in mind, from simply doing your bit round the house, to shopping around for the best possible deal.

Shop Around And Switch Things Up

Many people think it is overly complicated, but actually switching providers regularly is one of the more simple options when it comes to cutting electricity prices.

Look out for the best deal on the market when your current deal is coming to an end. Specifically, you want to time it so you can reap any bonuses such as annual discounts, and avoid any early leaver penalties. Therefore, knowing the ins and outs of your current contract is essential, so do a bit of research there first of all, before you even start to shop around for other deals.

Still Getting A Paper Bill? – Stop Now!

Another simple option is to change the way you pay, this can often help cut down electricity prices even if it is only by a few pounds – especially if you currently pay by cash or cheque.

Go paperless and also look online to see what special online only deals are available. Continue reading

Read the fine print when getting cell phone contracts

Read the fine print when getting cell phone contracts

The fine print is a part of life now. It is the reason why we must spend hours combing through every contract in which we participate, and why people with bad eyesight must never read print advertisements. It is legal up to a certain extent to have these on contracts, but this extent is loosely-defined enough that the various lawyers who write up these binding documents can put them around without a problem.

Cell phone contracts are not immune to fine print, and indeed they can dupe consumers into paying far more than they have to, or get them into agreements that they did not fully understand. As a rule, always read everything in a contract, but especially with something that causes you to regularly pay money over a certain period of time, like what postpaid plans require you to.

Without reading fine print, it becomes very easy to miss the fact that, for example, the trial period of a particular plan is 14 days instead of 30 days, with the latter being relatively standard and easy to assume. Continue reading

10 Easy Ways to Save Money That You’ve Probably Never Heard Of

If you’ve spent any amount of time reading money saving tips then you’ve probably come across the same cookie-cutter advice time and time again. Fortunately — even if you think you’ve “heard it all ” — there are a few seldom-used tactics that you can use today to stretch your dollar to the limit.

Reuse Fresh Herbs
Did you know that the fresh herbs that you probably use everyday — including green onions and coriander — can easily be put back to work? Just take the roots of the plant and soak it in water for a few weeks. If the plant was in good shape when you started you should be able to reuse the plant again in 2-3 weeks. And you can rinse and repeat this strategy as many times as you’d like.

Vicks Vapor Rub=Cheap Insect Repellant
In summer months it’s common to spend $20 or more per month on pricey insect repellant to keep annoying mosquitoes and ticks away.  However, you can use a tiny bit of Vicks (or the generic equivalent) to do the exact same thing! And it’s much cheaper (and more versatile) than repellant. Continue reading

Live a Little More Cheaply Every Day and Have More Money:

Saving money doesn’t have to be a painful experience, it is all about retraining the way you look at money and getting ourselves out of the bad spending habits and into new ones. It is something that we generally think of as being difficult to do, a challenge that we only undertake when we really have no other choice. But if we got into good spending habits sooner we wouldn’t find ourselves having to knuckle down when times get hard. Trying to get into good habits in one fell swoop is difficult for anyone to do, which is why it is much better to change you spending habits in smaller steps so that it doesn’t come as such a shock to the system.

Saving Money on Fuel

There is no doubt about it, fuel is becoming more expensive every month. The fuel we put into our cars and the fuel we use to heat our houses makes a large dent in out monthly budgets. But there are ways to cut down on the amount of our money we spend in this area. Continue reading

Write a Will While You Can!

The certainty of death is the truest fact of life and yet one that we tend to live trying to ignore. One of the ways we push the inevitability of death to one side is by avoiding any talk of the subject. This is not a modern phenomenon but more and more of us are avoiding writing our wills or death testimonies now because of it. While it may seem premature, there is no better time to write a will than while you’re fit and healthy. Here is all you need to know.

What to Include

Your will must be set out to entail who you want to benefit from your will, who should take up guardian responsibility of any of your children under 18, who is going to carry out your death wishes, who is going to sort out your estate and what happens if the people included in your will die before you. Continue reading

How to Stretch Your Savings When You’re Laid Off

moneyWhen the economy seems to resemble the motion of a roller coaster, you should consider that getting laid off has been and will continue to be a real possibility for many workers in the country. If this happens, or if it already has, you should immediately consider the ways that you are going to be able to make the best use of the savings you have to make ends meet in the troubling time.

The Calendar

You need to find a reliable calendar and start making a list of what bills are coming and when they are expected. Keeping accurate records of upcoming payments due can keep you from having to pay any more than necessary, and can also aid in determining what is actually essential to your life right now. You might find that keeping track of all of your bills that happen to be upcoming, you can determine the monthly requirements and start devising a plan to make money as necessary by doing odd jobs and more. Continue reading

How To Improve Your Credit Rating

Do you feel as though your credit rating could do with a boost? You’re not alone! Credit reference agencies are showing record numbers of people ordering online credit reports in an effort to improve their scores. In this article we’ll aim to show you the top 3 ways to improve your credit rating, starting today.

1. Make Sure You’re On The Electoral Register

Huge amounts of credit applications will no doubt be rejected in the next 12 months because the applicants aren’t registered to vote. Whilst the connection between borrowing money and voting in national elections may not seem obvious at first when you think about trust and responsible behaviour it starts to become clear. It’s highly unlikely that fraudsters will register their personal details and address with the government before attempting to swindle credit agencies. So your first step is the most important, exercise your right to vote and get on that register! Continue reading