Are you stressing over the budget? TIME could be the answer

Whilst motorists and first time buyers may be happy the reality is most people are feeling the pich after a budget littered with cuts. The health in pregnancy grant is gone, Child trust funds have stopped, child benfit is to be  to be means tested  and the general cost of living seem to go up and up.

                                          Attribution: My photoshare blogspot

The Telegraph last week stated that this budget had caused the public to stress 40% more than normal (How is that assessed?). I discuss money worries a lot with my friends at the moment, jobs are being lost and people are really feeling it  . The article contains some cracking advice though which makes a lovely change from doom and gloom often found in financial editorial.

It cites Kevin Mountford from www.moneysupernarket.com who says

Stripping down living costs and household bills to the bare minimum will help consumers enjoy more disposable income, and will also help them save for the future.”

Mr Mountford pointed out that while there is nothing they can do about inflation or government cuts, by taking control of their finances, consumers can dramatically reduce the effects rising costs have on their household spending capacity.

He said: “Apathy in the current climate really can impact consumers’ wallets and by simply putting a few hours aside to review their finances it is possible to make some serious savings.”

I absolutley agree TIME can save money.  You should take the time to compare online all the bill payments you can, menu plan and don’t throw away food, take time to mend clothes, swap books with friends, have a car boot sale. You should take the TIME to shop for a bargain dont just buy from the high street and every so often do a tally of evertything you spend ina week and cut out the unnecessaries.

Focus on your finances and give them some energy, this bit at least is in our control and can make a BIG difference.


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4 Comments

  1. April 4, 2011 / 11:47 am

    I spend a few minutes each week just making sure that we are getting the best prices for our food shop and each month cutting my husbands hair. All in all we save enough each year that it makes it more than worth my while!

  2. April 4, 2011 / 4:47 pm

    I always stress about money, but I am getting through your book gradually and trying to take on some of the tips, really trying my hardest to be honest. I also speak to my bank everyday so we know exactely what is in there on a daily basis. I also find speaking to the people who deal with your bills and supply you is a great tool as there are lots of inhouse deals that are not advertised as well xx

  3. April 6, 2011 / 1:24 pm

    I agree Pippa menu planning is a top idea and own hair cuttign a fab idea well done you

  4. April 6, 2011 / 1:26 pm

    and kerry you are so right…keeping updated talking to real people about bills are both great pieces of advice

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