The winter months can be some of the most expensive for many, for a variety of reasons. With the colder weather approaching, it is important that we all keep on top of our finances. But what can be done to ensure we don’t find ourselves in a tricky situation? With the holidays around the corner, get to know the best ways your can stay on top of your finances with this guide.
Change Your Energy Supplier
Many energy suppliers charge extortionate fees, especially when you begin to have your heating on for longer in the winter. You should use comparison sites to find the best deals available but do make sure that there are no charges that might incur due to leaving your current provider early! If you browse the market, you should be able to find a provider that suits you, your budget, and your winter requirements.
Why wait? With Christmas or any other wintertime celebrations quickly gaining on us, it is important that you have some cash available to fall back on! A review of your income and outgoings should be established, so you know exactly what money you are going to have when you need some surplus cash. There are many ways that you can begin to budget, such as cancelling unused subscriptions such as app or gym memberships that quietly deplete your finances.
By reviewing your budget early, you are planning ahead and taking a money smart approach to living. If you are struggling for cash, especially around the Christmas period, there are many lenders of short term loans in the UK who can help you out. All FCA approved lenders have reasonable rates, so you never end up paying back extortionate amounts. Although Christmas may feel a long way away, being prepared and having a solid budget will help you financially, emotionally, and assist with your general wellbeing this winter.
Make Your Home Winter Ready
Investing in some cosy winterwear can help yu cut costs on your energy bills. Whether it’s a thicker, more substantial duvet, a winter robe for the house, or simply layering up with more cosy jumpers, the choice is yours. This is especially beneficial if you work from home, allowing you to cut costs, all day long. Another at-home-fix is to switch to a smart meter. This will allow you to program your home heating, so that it switches off when you don’t need it, and turns back on when you do, putting you in control in an autonomous way.
Have a clear Out
Almost all of us were guilty of comfort shopping during lockdown. It’s almost certain that there will be items within your home that you simply don’t need anymore. Check your garage, attic or draws and find the items that may well be of worth to someone else, but you are truly done with. By using online marketplaces to sell these items, you may well make someone else’s Christmas, while saving your own.