When was the last time you sat down and analysed your finances? We’re often guilty of overlooking our bills and putting them off for another day, but you could be saving serious cash if you pay more attention to your outgoings. Just imagine, being able to put aside money each month for a rainy day or perhaps even a holiday abroad. Technology has enabled many options for us to compare our bills and get savvy with our finances!
Want to manage your finances more effectively and shop smarter? Here are a few top tips to get you started.
Download an App
Make the most of your smartphone! There are tonnes of great apps out there that enable you to be more organised with your finances and keep a track of all of your payments and outgoings in one place. There are various downloads available such as the Spender app which is a popular, free tool which helps you to control your money and spend less! You can also predict incomes and clarify your goals with the handy budget planning function.
Manage Your Finances in One Place
One of the main issues with managing finances is trying to keep track of all your different bills but luckily there are tools you can now use to manage all of your bills in one place. Apps such as this one allow users to check their account balances and even pay bills directly from the app or schedule payments for later. You will also receive payment reminders too so you never miss a payment and face a late payment fee.
Now that you’ve got your finances under control and gained a better understanding of your outgoings, the next step is to try and reduce those monthly bills. This is where online comparison tools can help.
Compare Your Quotes
When you lead a busy lifestyle it’s all too easy to let your finances slip and your ongoing bills roll over with little to no consideration as to whether you could be paying less. The issue here is you could end up paying way more than you need to simply because you haven’t looked around for a better deal. Make sure you use online comparison tools to weigh up your options and save time. Every little helps and saving a few pounds on every bill can really begin to add up, leaving you with extra cash each month for the fun things in life!
Do Your Research
A little bit of research can make a big difference. When looking to purchase a larger, more expensive item such as a new car it’s best to shop around online for the best finance deals possible. Again, this is where online comparison tools are your best friend. It takes just a few minutes to run a quick search and you can easily compare quotes in one place. Why pay more when you don’t have to? The savings soon add up and you’ll be thankful in the long run.