Following final week’s decidely grim Autumn Assertion from chancellor Jeremy Hunt, our minds proceed to ideas of attempting to save cash wherever we are able to.
Fortunately, we can assist you with that, with skilled recommendations on free authorized recommendation, serving to your faculty’s PTA by getting your employer to chip in at Christmas, and monitoring down misplaced pension cash, amongst others.
We even have helpful hacks for unclogging a sink with out having to purchase chemical compounds, paying payments with a plan in thoughts, and firming up your private safety on-line.
Take a look at our full vary of suggestions and hacks below.
Create a bill repayment plan with expert help
It can be difficult to manage all the different bills and payments in our lives, especially during the current cost-of-living crisis. The consequences of missing some types of bills can be more serious than if you fall behind on others.
If you need help creating a plan for which order you should pay, check out the government-backed MoneyHelper’s Bill prioritiser tool.
If you’re struggling to pay, this handy tool will tell you what to do before you miss a payment, in two easy steps.
Legal advice for free
Have you ever abandoned the idea of sticking up for yourself because you were concerned about costly legal bills?
Before you walk away from a dispute, check to see if you have legal expenses insurance.
It is a cheap way for people to speak softly but carry a big stick, and it comes free with home insurance, so it won’t cost you a penny.
Despite being associated with home insurance, this cover will protect you for problems outside the home, too.
For instance, it can help if you are negotiating a redundancy agreement, applying for flexible working, or if you feel you have been wrongfully dismissed from work.
Typically, legal costs between £50,000 to £100,000 per dispute are paid directly, so can be very useful should things go wrong.
Track down lost pension money
The average person in the UK will change jobs every five years according to recent estimates, which means lots of pension pots to keep track of. New data from the Pensions Policy Institute (PPI) reveals that over 2.8million pension pots are now considered lost – up 75 per cent over the last four years.
If you think you’ve lost or dormant pension pot, it can be quite straightforward to track them down. With your National Insurance number, the names and addresses of your previous employers, and using the Government’s Pension Tracing Service, you should be able to find out all you need to know.
Check your smart meter is doing its job
For those who have a smart meter, it’s worth checking that the actual readings on your meter match what appears on your bill. If they are different, this could mean your meter isn’t working properly, and this needs to be fixed by your provider.
If this happens, you should get in touch with the energy supplier to explain the problem as soon as possible.
In this case, they should be willing to issue a revised bill. Again, this is another reason why taking regular meter readings is important.
Zip-tie to the rescue
When bathroom sinks get clogged, you don’t have to go out and buy harsh chemicals. Instead, use a long zip tie, cut several notches on the length of it to hook the hair clog, allowing you to pull it out. Gross, but effective.
Delete accounts that you no longer use
It’s easy to forget about old online accounts you’ve signed up for – can anyone say MySpace? But even if you stopped using a service years ago, experts say it’s important to find and delete it. Otherwise, the lingering data poses a risk to your digital privacy and security.
What’s more, once you give an app or website permission to access your calendar, contacts, or even bank accounts, it can continue doing that for years, whether you still use the service or not.
Ask your employer about matched funding for your school’s Christmas Fayre
‘Tis the season to be jolly – and for the annual school Christmas fayre.
If you want to help your PTA raise extra cash – especially given the years of fundraising missed during Covid – why not check if your workplace will match what you make?
You’d be surprised at how many companies offer this as a part of their Corporate Social Responsibility programmes.
Ask your HR department if they offer matched funding (or matched giving) when you raise money for a charity and your employer matches the money you’ve raised.
With matched funding schemes, some companies offer this on a pound-for-pound basis, while others will specify the maximum amount they will give.
If you can donate time to help with the Christmas raffle, for instance, you’d be shocked at how much this extra funding could add up to, in some cases more than £1,000.
Let Google do the work
Looking for extra ways to cut the cost of your Christmas shopping? Download a plugin to alert you when a bargain is available.
Plugins you can install on your browser can remind you to check whether voucher codes are available, potentially securing you a discount.
Share your moneysaving hacks with Kara on Instagram via @kara.gammell and on Twitter at @KaraGammell
If you’d like extra suggestions and tips on saving cash, in addition to chat about money and alerts on offers and reductions, be part of our Fb Group, Cash Pot.