You can save even more money by not buying it at all.
Just because something is good value, it is a waste of money if you don’t get that value from it as you never use it. There is good sense in buying in bulk, but do you really want to pay for it with this month wage packet, when you won’t be using it for another 12 months.
This is especially nonsensical when you are paying high interest on outstanding debts.
On average people whom we place on a debt management programme or IVA actually owe 28% more than they originally tell us.
Those who choose ignore the problem and frequently miss payments are often in for a shock as extra interest charges and charges for missed payments are added to the debt. Get current balance statements from each of your creditors so you know the exact extent of the problem before considering options to tackle it.
What we mean is, stand there in the shop and count out the money note after note.
You’ll have a greater sense of how much you are really spending.
When buying that desirable, but not essential Ipod, hand over 10 twenty pound notes rather than swipe your credit card. Maybe you’ll change your mind and realize than £200 in your pocket with worth more to you than the latest gadget. (more…)
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