Get a better financial deal
1) Squash those interest payments
If you’re on a tight budget, it’s particularly important you cut interest payments wherever possible. So if you've got a lot of debt on a credit card, see if you can transfer it to a 0% on balance transfer card which will give you time to pay off your debt interest-free.
On the other hand, if you know you won't be able to pay off your debt before the 0% period expires, it's a good idea to transfer your debt onto a lifetime balance transfer card instead. This type of credit card offers a low rate of interest for as long as it takes you to clear your balance.
Just remember that you're still paying interest, so it's important you clear your debt as quickly as possible.
2) Consider remortgaging
If your introductory deal is about to come to an end - or you don't have a special rate at all - you may be able to make big savings. Compare some of the top mortgage deals available at the moment.
3) Slash your energy bills
Make sure you’re not paying more than you need to for your gas and electricity. If you've been on the same tariff for a while, it could pay off to hunt around for a better deal.
Check out our gas and electricity comparison centre which will show you how much you could save money by switching suppliers. And read Slash the cost of your energy bills for more tips on how to cut costs.
4) Switch your gas and electricity supplier - are you paying over the odds for your energy tariff? The chances are if you’ve never really looked at your fuel bills, you’re probably paying more than you should. Switch to a cheaper tariff now before your bills rise again!
5) Shop around for better broadband and phone deal- taking the time to shop around and find a cheaper broadband/mobile phone provider can really pay off and you could find yourself saving hundreds. You can use lovemoney.com partners broadbandchoices.co.uk to see if you can get a better broadband deal and Omio,com to compare mobile phone deals.
Retweet
Comments (
Facebook
414
Love