Your student years are going to be tough on your bank account. Read the article below to learn how to manage your student loan effectively and survive your university years without getting into a mountain of debt! It includes tips on what to look for in student accommodation, how to get discounts on bills, shopping and travel, and sneaky ways to find bargains & freebies!
Continue reading about money saving tips for students
Showing posts with label shopping. Show all posts
Showing posts with label shopping. Show all posts
Wednesday, 18 December 2013
Monday, 28 October 2013
Money Saving Roundup
In the UK, if a person dies and leaves behinds assets worth more than £325,000, their estate will be subject to inheritance tax. Inheritance tax is affecting more and more people, due in part to rising house prices. If you are concerned about your loved ones being hit with a huge inheritance tax bill, there are a number of things you can do to reduce its impact. Read more about inheritance tax.
Haggling shouldn't be scary - it OK to do it and many big name stores will give you a discount with a little bit of persuasion. Read more about how to haggle here.
Do you have any idea what your credit score is? Have you checked your credit report lately? Find out why you should in this article.
Haggling shouldn't be scary - it OK to do it and many big name stores will give you a discount with a little bit of persuasion. Read more about how to haggle here.
Do you have any idea what your credit score is? Have you checked your credit report lately? Find out why you should in this article.
Monday, 23 September 2013
What is "Jam Jar" Banking?
With the economy still struggling, many individuals and households are finding it difficult to keep on top of their finances. When money is tight, it's all too easy to run out of cash and creep into your overdraft when it gets close to payday.
Jam jar banking is a phrase used to describe a way of managing your money so that this doesn't happen. If you imagine two jars, one labelled "bills" and the other labelled "spends". When you get paid at the beginning of the month, you add up the total cost of all your bills and other out-goings - rent/mortgage, utility bills, council tax and so on - and put that amount into your "bills" jar. The rest goes into your "spends" jar.
Now, every time a bill is due to be paid, the money is taken from your bills jar. Now you can go out and spend money from your spends jar without worrying!
This is the principle behind jam jar banking, also known as managed banking. You can do it yourself using your internet banking, or if you need help getting everything organised, there are companies that will do it for you - for a small monthly fee.
Never get charged overdraft fees again!
Jam jar banking is a phrase used to describe a way of managing your money so that this doesn't happen. If you imagine two jars, one labelled "bills" and the other labelled "spends". When you get paid at the beginning of the month, you add up the total cost of all your bills and other out-goings - rent/mortgage, utility bills, council tax and so on - and put that amount into your "bills" jar. The rest goes into your "spends" jar.
Now, every time a bill is due to be paid, the money is taken from your bills jar. Now you can go out and spend money from your spends jar without worrying!
This is the principle behind jam jar banking, also known as managed banking. You can do it yourself using your internet banking, or if you need help getting everything organised, there are companies that will do it for you - for a small monthly fee.
Never get charged overdraft fees again!
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