There are a number of simple ways you can save money and improve the health of your finances and this doesn’t have to be a chore.
Here we give a guide to some top money saving tips and tricks, perfect for helping you to clear your debts and boost your savings.
Taking advantage of loyalty cards such as those offered by the major supermarket retailers is a great way to save money on the cost of your weekly shop. To quote one supermarket giant in particular “every little helps”.
Getting active and making simple changes to your daily routine, such as walking or cycling to work (if possible) rather than driving or using public transport, could save you plenty of money in the long run.
Make a Shopping List
Making a shopping list and sticking to it is a great way to eat well and save money too. Supermarkets employ plenty of clever tactics designed to persuade us to buy things we don’t really want or even need.
By being strict with yourself and avoiding stuff not on your list, no matter how tempting, you could ultimately make some serious savings.
Clear Expensive Debts First
Clearing your most expensive debts first is one of the cardinal rules of good financial planning. Credit cards often have pretty steep interest rates so make sure to tackle these first and check if you can find a better rate elsewhere.
Try recycling your old clothes, DVDs and games. There are a number of great websites like eBay where you can sell the old items you no longer use, earning yourself some handy extra cash.
Ditch the Expensive Habits
Why not embrace a new you this New Year and cut back on expensive habits such smoking and drinking. This way you can improve both your physical health and that of your bank balance too.
If you’re struggling with debt then it’s important to seek professional advice, so you can get on top of the problem and stop things from spiralling out of control.
Here at Debt Advisory Services (Scotland) Limited we can offer a range of debt solutions including debt management plans, to help get you and your finances back on track.