Abacus Daily Debt News

Brits wasting money on unnecessary mobile allowances?

Those facing debt problems may be adding to their money worries by paying above the odds for mobile phone usage.

According to moneysupermarket.com, the average Briton is wasting £250 worth of text messages and calls year, with 27 hours of free minutes going unused.

The price comparison site suggested that consumers could save money by switching to a cheaper tariff that caters for their needs, rather than paying too much for unnecessarily high allowances.

With the mobile industry thought to be earning £13 billion annually off the practice, manager of mobiles and broadband at moneysupermarket.com Mike Wilson stated: "It’s great that consumers are under their monthly allowance to avoid any extra costs, but it’s also important to get the most out of your contract for what you pay each month."

The site recently offered advice on credit cards to those struggling with debt, recommending that those considering switching to a cheaper provider check their credit rating first.