Sunday 11 December 2016

Top tips for your savings

Published 16/09/2010 | 11:09

CONSUMERS who can afford to save money have been advised to control their spending at the same time as saving.

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Savings tips issued by EBS also encourage consumers to have a definite goal as this makes saving a lot easier.

Equally advised is setting up a direct debit to come out automatically each month – it makes saving more painless.

Consumers also need to review their savings portfolio at least once a year to ensure they have the right products for their saving needs.

Worth doing is everyday lifestyle savings – for example, bring your own lunch to work, eat out ‘early bird’ style.

Review your household bills.

For example, reducing your thermostat by just 1C could save you up to 10pc on your heating bill.

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