Proper financial control does wonders to our bank accounts. Get some advice from The Thrifty Scot which offers advice and tips on how to save money using credit cards, loans, mortgages, bank accounts and insurance.
Not all credit cards are the same. Now is the best time to compare credit cards that will suit your finances. There is the balance transfer credit card, the cash back credit card and there's also one that offers 0% on purchases for a limited time.
Caution should be used when using a credit card as the ability to find yourself in serious debt can occur. One of the biggest mistakes that can be made is by keeping to the credit card minimum payment. This can be devastating to your finances and should be avoided at all costs. By simply paying an extra few dollars or pounds each month to your balance, the interest payment period can be reduced by years.
Everyone needs to borrow money at some stage in their life, so why not do it sensibly. Many people waste money on not searching for a loan that offers the lowest interest or they don’t take enough care in making sure they can afford the repayments.
There are various loans one can raise money such as secured loans, unsecured loans, debt consolidation loans and even poor credit loans for people with a poor credit rating.
Many homeowners are unaware how much they could save by simply switching their mortgage for a better deal. Remortgages are popular and it is possible to save thousands by remortgaging.
Banking and savings are what we all use but more often than not we do not seek out the best buys. By simply changing to a new savings or current account your finances could be given a much welcome boost.
Online banking has boomed in recent years and to get the best bank account try to compare offers online.
There are still too many people that use one insurance company and do not shop around. These people lose hundreds of dollars each year on expensive insurance policies. Make sure you are not one of them. You can shop around for the best car insurance quote, life insurance, home insurance or cheap travel insurance.
When choosing home and contents insurance make sure you do not under insure your property and contents to get a lower premium as this can backfire when you come to make a claim.
Visit the Thrifty Scot for more information on how you can save more money. Their latest financial news is updated daily as well as comments and opinions on events in the financial marketplace and how these affect the consumer.