Six expert money-saving ideas for lockdown and beyond
to reduce spending and simplify your finances - including tracking down unwanted direct debits, cutting utility bills and building a small emergency fund," she says.
"If your main aim is to clear a credit card or catalogue debt but you can't afford large payments, my tip is to set up a standing order for the current minimum payment . This clears the card many years sooner and saves a lot of interest.
"Those who do have savings but have not reviewed them, or have left cash in their bank, could actually see an increase to their interest if they switch to one of the best paying accounts," she says."After this is over and hopefully your income recovers, remember to keep saving. Just a little bit each month can make a difference. There may be a luxury that you can do without, and save instead.
In financial terms, the current crisis is more of a downpour than a rainy day - a time when you may have to fall back on this sort of savings to avoid racking up huge debts.6. Return items - even if shops are closed, points out you are entitled to return an item that you bought from a store if it is faulty, if it's not as described when sold, or has not lasted a reasonable length of timeShe advises having a record of informing the company of your complaint.
"Offer them the option of picking up the item safely and providing you with a replacement or to take it away for a repair. If the item is less than 30 days old then you are entitled to a refund. It would still be prudent to email the company and state that you want the refund," she says.
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