Your bank account can look a lot healthier with a few simple changes
For most, the start of the new year can give justification to re-evaluate your lifestyle, health and wellbeing and your finances with the emphasis of improving the previous year, especially if it was a struggle.
A poll for 2017 new years resolutions by YouGov showed that 32% of those who took the survey decided to save more money and 48% decided that losing weight would be their primary focus. Both can be attributed to an over-done December due to excessive food and overspending on Christmas presents. But sticking to new year’s resolutions is the tricky part, with many losing focus - 22% failing after the first week.
With a difficult fiscal year looming over the UK in 2018, spending time reviewing your finances will prove to be the best decision you make in January.
So, what can you do to save money?
Home Insurance
You are going to be looking at saving some substantial money just by switching your home insurance, especially if you have been with the same provider for many years, potentially saving hundreds of pounds.
If your home insurance policy is due for renewal, then contact our home insurance team who will be able to find the best policy for you.
Holidays
Some think that holidays are always expensive, especially if you are looking for a luxury break. What they don’t realise is that there are several destinations where you can get five-star service for three-star price.
By visiting holidays.payingtoomuch.com you can find some amazing deals which suit your budget. Plus, you can get free* travel insurance with payingtoomuch.com if you book your holiday and travel insurance through us.
Travel Insurance
If you have already booked a holiday and have just finished paying for it, but have noticed that the travel agency you have bought the holiday with are quoting you an absurd price for your insurance, give our travel insurance service a try.
We offer travel insurance through a range of companies and can even offer competitively priced cover if you have a pre-existing medical condition, meaning you could save yourself a considerable amount of money.
Tightening the purse strings and switching lifestyle habits
You might find that switching your supermarkets will save you a significant amount of money too. According to the office of national statistics (ONS) the average total expenditure per household in 2016 was £528.90*. Some simple changes to your shopping habits, like switching to own brand or basic items could save you hundreds of pounds over the year. Plenty of money to keep aside for a rainy day or extra money for that holiday you’ve got your eye on!
Visit payingtoomuch.com today and see how much money you can save. Call us on 01243 784000.
*Notes:
1. Excluding mortgage interest payments, council tax for households in Great Britain and domestic rates for households in Northern Ireland
2. Totals may not add up due to the independent rounding of component categories.
*Free travel insurance up to the value of 10% of your holiday booking. Subject to terms and conditions.
Source: Office for National Statistics
