Across Europe it certainly feels as though the dark cloud of the recession continues to loom over us and shows few signs of going away - so how can we look to adapt the way we live to whether the storm?
Here are some simple tips that many people can apply to help them beat the recession:
Set up a Savings Account
When times are hard its never easy to put money away - but always try to put part of your pay packet away even if its only a small amount. Cash ISAs are a great way of saving without having to pay tax on the money you make from interest payments and there are many different options on the market you can choose - many with instant access should you need it.
Shop Carefully
In a difficult financial time when consumer spending is low, shops can often be forced to become more competitive with their pricing. Shop around for the best deals on essentials - don't blow money frivolously or pay too much for convenience. Look for discounts, offers and vouchers where you can.
Live Within Your Means
It sounds so simple on paper but so many people drag themselves into spiralling debt by simply buying things they cannot afford. Buying things on credit can be tempting but always consider the interest payments and whether you really need it.
Thursday, 24 November 2011
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