As we move towards the end of the month, it seems as if summer and school holidays are well and truly over!
Like me, you may have had a list of things to ‘get sorted’ in the new school year, after the children went back to school. Much like the post-Christmas ‘to do’ list that we try to get through in January.
And even if you don’t have children or grandchildren who have been on school holidays, the change of season often marks the start of a new chapter.
December always seems to be ‘magic’ deadline to complete tasks by and now with the festive season on the horizon, this is the perfect time to make your way through your ‘to do’ list and get your finances on track.
Of course your bigger financial situation may need reviewing, maybe your mortgage or pension plan need attention, but saving money and getting your finances in check can start at the roots.
There may be some quick wins you can get done with just a few phone calls.
Reducing your energy bills
One of those jobs that you keep meaning to get on top of. Use a comparison site or talk to family and friends. We are moving into the most expensive time of the year for Gas and Electricity bills, so there’s no better time to save yourself some money.
Transfer a credit card balance to a better rate
If you are in the position where you have a balance on your credit card post-holiday, there are always plenty of options to transfer to a 0% interest credit card. These often come with a transfer fee but you will find that this soon outweighs the cost of a few months interest and you will be better off in the long run. As long as you can afford the minimum payments each month and, even better, pay more than the minimum, it is a better option than accruing interest. Again, comparison sites are great for looking at all of your options.
Could you do your food shopping online and save money by only buying what you actually need rather than what’s on offer or on the end of the aisle? Online shopping is now also a great way to contribute towards a charity without any cost to yourself. Websites such as easy fundraising mean that the company you are buying from donate a certain percentage to your chosen charity. Great news, two boxes ticked in one!
Christmas is always a great deadline for getting our houses in order. Maybe you are planning on having a room decorated or something even more ambitious and need to look into how you can finance the cost.
Once you have made the changes write them down!
Putting a budget in place will really help you keep track of your money, even if it is as simple as ‘income’ and ‘outgoings’ so you know how much surplus you may have a month.
It doesn’t have to be complicated, just a simple spreadsheet will do.
Whatever you are considering, remember that your financial advisers are always here if you need any advice.
Call 01752 837950 or fill in our enquiry form.