Tag: money saving

Frugal habits should stay post-recession

Frugal habits should stay post-recession

Consumers who have tightened their belts due to the recession should keep up the habit when the economy starts to grow again, uSwitch.com said this week. The price comparison site said people forced to cut costs due to unemployment or a reduced salary should continue being money conscious when the recession is over. “We really […]

Direct debit cheapest for energy

Direct debit cheapest for energy

Householders have been advised that paying for energy bills by direct debit is the cheapest option. Price comparison site uSwitch.com issued the advice after it discovered a 7.3% drop in the number of people choosing to pay by direct debit. The number of customers signing up for fixed monthly direct debit payments when changing their […]

Brits ditch foreign holidays for staycations

Brits ditch foreign holidays for staycations

As the recession continues through the summer many British holidaymakers are choosing to stay in the UK rather than travel overseas. Research by insurance provider LV= found that Brits choosing UK holidays are planning to save an average £247 per person by ditching their trip abroad. A quarter of the working population will take their […]

Counterfeit goods tempt credit crunched Brits

Counterfeit goods tempt credit crunched Brits

Credit crunched Brits tempted to save cash by buying counterfeit goods could end up being “ripped off”, an industry expert warned this week. Susie Winter, director of the Alliance Against IP Theft, raised concern that a desire to save money could push Brits into opting for illegal vendors. Winter said its “quite understandable” for people […]

Brits find courage to haggle on the high street

Brits find courage to haggle on the high street

Many Brits, conscious of a lighter wallet since the onset of the credit crunch, are choosing to haggle in high street stores. Nearly three quarters of those polled in a uSwitch.com survey said they have started haggling for consumer goods. One in ten (9%) will always haggle wherever they are making a purchase, whilst the […]

Car insurance switching more fruitful than ISAs

Car insurance switching more fruitful than ISAs

Looking for the best available car insurance deal is more cost effective than investing savings in a Cash ISA, price comparison site GoCompare.com claimed yesterday. British motorists are wasting up to £1 billion per year on unnecessary insurance costs by not taking the time to compare prices, GoCompare.com’s research found. One in five (19%) drivers […]

Credit crunched Brits reduce carbon footprint

Credit crunched Brits reduce carbon footprint

Spending cut-backs because of the credit crunch are helping Brits reduce their carbon footprint, new research from internet bank cahoot has revealed. In a survey by the online arm of Abbey, 72% said they are trying to reduce their energy bills by turning off electrical items such as PCs, DVD players and TVs when not […]