Money saving tool could cut your bills by thousands of pounds
, founded by personal finance expert Damien Fahy, includes a series of questions asking about your spending and saving.As well as details about your background – age, gender, relationship status and dependants – it also asks you about wills, insurance, any repayments you might have, savings and pensions.
It asks you a series of questions about your finances and acts like a trigger for the things you should be regularly checking and reassessing. It told me to I need to work on creating an emergency fund and take a look at my retirement planning, as I currently only have a workplace pension. Damien Fahy, founder of Money to the Masses, said: "With over 13,000 MOTs having been completed since launch less than a year ago it clearly shows that people want to understand just how fit their finances really are and what content and information is available to help them and if they need to seek financial advice."
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