It won´t take you long but it will save you money and increase your financial security.

1. You need a cash emergency fund of at least 3-months salary to cover the unexpected. Set up a direct deposit today into your savings account in order to build up to this amount.
2. Know the cost of using your credit cards. Check the interest rates and fees associated with your credit cards.  When you use them always ask yourself is it worth the extra cost. If you have multiple credit cards make sure you choose the one with the lowest interest rate; no point paying more for something you buy.   If you have a high credit card interest rate and you have had the card a year or more consider phoning your bank to ask for a reduction in interest rate. You could well be on the introductory rate but now you have some credit history with the credit card company you could be entitled to a better rate. You never know until you ask.
3. Are you getting your savings-worth? Check  comparison sites today to see whether your current savings account is paying you a fair interest rate.
4. Check your utility bills and bank statements for hidden fees. Maybe it is in way of additional insurance which you don´t use, additional bank charges which you don´t need, or late fees you are not aware of. Understand your bills and statements, query them if necessary or make the necessary changes.

Please feel free to contact me if you have a quick question or query on any of these points.

edward @freegreenbeans.com

Remember we are here to help.

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