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sal2015 | 12/10/2017

Stock up with beans and Tea bags

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The pound is sinking and inflation is biting, and if interest rates rise mortgage payments will follow.

http://www.telegraph.co.uk/business/2017/10/12/fed-divide-inflation-helps-sterling-rebound-against-dollar-ballooning/



CustomerService | 11/10/2017

3 top tips on how to beat the post-holiday savings blues

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As the October chill arrives and summer has officially ended, we know it may be difficult to get back in the swing of saving as the Christmas season approaches us. Here are three top tips on how to curve holiday over-spending and break away from debt in the winter.

** Start making a budget
Planning, planning planning! It's not enough to just set up a budget. You'll also need to keep track of how much you've spent and re-evaluate your list along the way. When you track your spending, you’ll be able to see exactly what goes where – and then you can optimize your spending.

** Be aware of advertisements
You know those ads that follow you around when you surf the web? The ones that pop up constantly because you clicked on a pair of shoes this one time? It’s time to give those up. Install an adblocker on your PC or surf the web in “incognito mode’ so you can’t be lured in with advertisements that follow you around.

** Don’t spend to save
It's easy to think that a special offer or discount might mean you're saving money - it's best to wait three days before deciding to make a purchase to see if you really need it. Give yourself time to reflect on what you spend your money on and you'll make wiser decisions.

How are you going to prepare for the Christmas season? If you've got any top savings tips, post to our Fidor Smart Community and even earn some money for doing so.



sal2015 | 11/10/2017

Rent your spare bedroom

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Use AirBNB, make some spare cash for Christmas.

https://www.airbnb.co.uk/


Toluth wrote on 11.10.2017 at 11:46

Are there any restrictive laws to the use of Airbnb in the UK like in Germany?
In Germany for example (Berlin specifically) you can only rent a room for Airbnb in the same apartment that you live in, and not a whole apartment for instance. I think the reason for this is to help alleviate the housing issue.

There are also tax responsibilities you have to take into account.


sal2015 wrote on 11.10.2017 at 11:52

I believe criminal charges can be brought if a property is in Greater London and the resident lets any part of it out on a short-term basis for more than 90 days in any 365-day period (planning).

Other than that I'm not sure. Usual matters to consider though are insurance, tax, mortgage, nuisance.


Toluth wrote on 11.10.2017 at 12:24

You are right. Insurance, tax and more importantly your neighbors are important to consider.



sal2015 | 11/10/2017

Choosing between heating and eating ?

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If you're seriously behind, or in general financial hardship, you may be eligible for special tariffs/help.

Try the Energy Saving Trust on 0300 123 1234 for England, Wales & NI or Home Energy Scotland on 0808 808 2282.



sal2015 | 11/10/2017

Savings Accounts

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Put all your spare savings into RCI Bank.

It is the best instant access savings account in the UK. Paying the best interest rate at 1.3%.

Forget your savings bonds where your money is locked away. Go to RCI Bank.

https://www.rcibank.co.uk



sal2015 | 10/10/2017

Over pay on your Utility Bills

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electricity

Over estimate on your meter readings so you end up paying a higher bill today.

That way you avoid future price rises.



CustomerService | 09/10/2017

Beat those post-summer saving blues in time for Christmas

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As the October chill arrives and summer has officially ended, we know it may be difficult to get back in the swing of saving as the Christmas season approaches us. Here are three top tips on how to curve holiday over-spending and break away from debt in the winter.

** Start making a budget
Planning, planning planning! It's not enough to just set up a budget. You'll also need to keep track of how much you've spent and re-evaluate your list along the way. When you track your spending, you’ll be able to see exactly what goes where – and then you can optimize your spending.

** Be aware of advertisements
You know those ads that follow you around the internet when you surf the web? The ones that pop up constantly because you clicked on a pair of shoes this one time? It’s time to give those up. Install an adblocker on your PC or surf the web in “incognito mode’ so you can’t be lured in with advertisements that follow you around.

** Don’t spend to save
The new urge to not spend is so pervasive that 79 percent of the people queried in a recent Strategy One survey said they plan to spend less on the holidays this year. It's easy to think that a special offer or discount might mean you're saving money - it's best to wait three days before deciding to make a purchase to see if you really need it.


Toluth wrote on 11.10.2017 at 11:40

These are great tips here. However, while should I use an Adblock and deny myself the enjoyment of adverts :)



pbillings | 06/10/2017

Use your rewarding credit card and cashback schemes!

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If you have, or can obtain, a credit card which pays you rewards for using, then switch over!

It's simple, use your credit card in place of your debit card and get in to the habit of putting as many, if not all, purchases on credit - earn the rewards and be sure to switch your balances between 0% deals. It soon adds up.

Make sure you clear the balance monthly in full, then you will definitely be free from any interest rates where applicable.

Also look in to using a cash back scheme, for example Quidco, or TopCashBack - usual household living can rake anything from £100's - £1000's over a few years... Especially with Xmas creeping up!



pbillings | 06/10/2017

Skates

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public transportation

It may sound like a blast from the past, or you're a kid again - but why not consider skating between destinations in major cities, for example London? You can purchase 'bolt-on' skates for adults, they simply slip over your existing shoe! You will save money and gain health, but remember the first few times will be painful - no pain, no financial gain!



maxiboy | 21/09/2017

Cascade your reward cards

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A purchase at Boots (pharmacy) can be rewarded on three levels if paid for correctly.

Use the Boots advantage card for 4 points on every full pound spent.
Pay with the Curve Mastercard to receive another 1.5% back on every Boots purchase.
And use another (rewards) credit card to fund your Curve card.



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