Being money savvy can enable you and your loved ones to afford the odd treat, such as a meal out or a short break abroad. Find out what deals are currently on offer, which could help your money go further.
According to research by the Finance & Leasing Association, Brits are being cautious when it comes to spending as consumer confidence remains low and many of us fear for our jobs.
Store card sales were down by 21 percent, store instalment credit was down by 28 percent and credit card spending was down eight percent in March this year compared to last year.
Consumers are holding their cash close to their chests and budgeting wisely to ensure their money goes further. But just because you may not have as much cash in your pocket as you once did it doesnít mean you have to go without. Thinking frugally could actually save you plenty of money in the long run.
If you shop around for deals on insurance products for example, or switch bank accounts to take advantage of some unmissable offers, you could free up some cash to treat you and your family every now and again.
Check out these money saving deals which could help you save as much as £260 and help you make your cash go further:
Switching Current Accounts
Santander are pulling out all the stops to entice the British public to switch their current account to them.
Customers who open a Santander Preferred Current Account whether online or in-store will receive £100 for doing so. Just think what that £100 could buy you?
Virgin Media Broadband
If your family cannot do without broadband to keep them entertained then take a look at this deal from Virgin Media which could see you save £120.
Customers switching to Virgin Media could get £50 off their bill, enjoy free installation which is usually worth £40 and up to 30Mb superfast broadband – all for just £20 a month for the first 6 months.
Car Insurance Cashback
When the new crackdown comes into effect on 20th June, motorists will be forced to insure cars that they do not use, unless they notify the DVLA that they are off the road.
Car insurance premiums however for some motorists makes owning a car near to unaffordable, so switching car insurance provider could help you save some important pennies.
If you shop around via MoneyExpert and compare car insurance quotes, you can receive £40 cashback for using the service to switch. Money Expert offers £25 when switching motor insurance while Simply Switch adds another £15 equally £40 in total if the code SIMPLY CAR is entered when doing so.