We at Debt Lands go beyond providing the best debt advice. We also know the value of managing your budget to avoid debt problems, and to keep them at bay once your debt has been consolidated. After a great deal of research we have come up with our top tips to give you more disposable income.
1. Ignoring the problem is the worst thing you can do. The longer you leave your debts alone, the more difficult it will become to deal with them. If debt problems are worrying you now, deal with them now. Contact us at Debt Lands to get invaluable free debt advice with no obligation today.
2. Think very carefully about the methods you use to get rid of your debt. Borrowing money could just get you into further trouble. If you are a homeowner, your house could be put at risk.
3. Check you are claiming all the benefits available to you.
4. Make sure you tackle the most important debts first. Make mortgage or rent arrears a priority as these could lead to losing your home.
5. If you are off work through illness or have lost your job, check whether your payments are covered by payment protection insurance.
6. Dropping your morning coffee could save you around £780 per year.
7. Cutting back on smoking is one of the best ways to save money. Even smoking ten a day instead of your usual twenty could save in the region of £1040 per year. Giving up completely will mean you can make even more impressive savings.
8. Myshopper.com claims that changing to the basic brands could save you an average of £45 per shop. You can also use their website to compare prices of all the major supermarkets. Tesco takes £1 in every £8 spent by UK shoppers. So make a shopping list and stick to it. Shopping online may also help you to resist the temptation of buying extra items.
9. A takeaway a week for the family can cost around £30, which can be as much as £1260 per year. Make the takeaway a monthly thing and the savings can be huge.
10. Changing to a pay-as-you-go mobile can save you money. Depending on your usage, a monthly-tariff can cost around £50 per month. With pay-as-you-go you are in charge of what you spend, and the savings can be at least £350 per year.
11. Remember that you do not have to do any of this alone. Free, professional advice is always available here at Debt Lands.
