Saving money in the recession

Have you ever wondered what can you do during the recession that could save you money and help you through all these hard times?

Well if you want to find out how to save money in the recession then continue to read on and you will find out how!

Since late 2008 the government have been trying their hardest to think of ways that can help everyone out of the hard times. It’s not just us though that are finding it hard, the banks and businesses are also finding it hard and you may have noticed by now all those companies in the high street going out of business just like Woolworths have already had the unfortunate of doing.

Solution?

Well here you go the moment you have waited for, the solution!

The best way to save money is to believe it or not firstly pay back the most you possibly can on bills you have outstanding. I’m not talking about the mortgage or 6,000 pound car payments but those credit and store cards or those late council tax bills you forgot about. The first way to make money is to save money and throwing it away on un-needed interest is a great start.

Save Save Save

The next best step is to use the compare websites out there that can help you get the cheapest rate on your bills such as Gas, Electric, Phone, Water and so on and so forth.

There are some great deals to be found out there if you spend a little time searching around for them! Take GoCompare Car Insurance and Go Compare for all your insurance needs. There is also USwitch which can save money for you on phones, gas, electric, water, heating, loans and almost anything!

Ok there is even a compare website for your supermarket shopping as well at My Supermarket, here they compare all the main supermarkets and are up to date.

Ok now you have saved as much money as you can do, the next thing to do is the hardest one of all and the only one nobody can help you with (although i can help if you want to send me your money?). This stage is not to spend your remaining money unless you absolutely need to!

I know this sounds a bit much but then if you can save money and not spend it then you won’t have any problem later on when times get even harder and those surprising bills come out from nowhere.

Bit too far?

There are some more things to think about but i believe these to be taking a step probably too far for now.

Get a lower emission and cheaper to run car! This will save you in tax, petrol and insurance which means you can save anywhere from 150 to 2,000 pounds a year which is a lot when times are hard.

Thank you very much for reading and good luck to you all!

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