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News Tag: money saving

August 28, 2009

Frugal habits should stay post-recession

by David Masters
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 hope that, if nothing else, consumers will learn one ...

August 24, 2009

Direct debit cheapest for energy

by David Masters
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 supplier at uSwitch.com has dropped to 85.3%, down from ...

July 26, 2009

Brits ditch foreign holidays for staycations

by David Masters
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 main holiday in the UK this ...

June 17, 2009

Counterfeit goods tempt credit crunched Brits

by David Masters
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 to look for bargains during the current economic ...

April 29, 2009

Brits find courage to haggle on the high street

by David Masters
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 remaining 64% are more reserved, ...

March 11, 2009

Car insurance switching more fruitful than ISAs

by David Masters
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 renew their current policy without bothering to ...

February 16, 2009

Credit crunched Brits reduce carbon footprint

by David Masters
Credit crunched Brits reduce carbon footprints
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 in use. Sixty percent said they have switched ...