Wild Wednesday may be over, but the Atlantic storm that battered the UK yesterday has underlined the frailty of our personal finances. With hundreds of thousands of people now facing the consequences of 100mph winds and extensive flood damage, it becomes startlingly apparent that most of us have no Plan B to cope with major or even minor incidents; according to a 2013 Scottish Widows survey eight million people in the UK have zero savings to their name.
At Savoo, we believe that everyone should have an emergency financial plan to deal with unexpected events like Wild Wednesday (or even small problems like the car breaking down!) Here we show you how.
I am sure you have all heard about major energy companies reducing the price of their gas this past week, offering consumers a meagre 5% reduction after increases of more than 15% at the end of last year. Whilst we must be grateful for small mercies, this small reduction is unlikely to give any major relief to cash-strapped Brits facing a barrage of incentives.
After conducting a little research for you savvy shoppers out there, I
have come up with a few ways in which you can improve your home, lower
your energy consumption and increase your bank balance. Not only
will these tips save you money but they will also help you to become
more environmentally friendly, giving everyone a helping hand.
Tesco have announced plans to invest a whopping £500million in price cuts in an attempt to help cash-strapped Brits.
The head of their UK operations, Richard Brasher, claimed that it will
be the company's biggest move in twenty-five years, with the price cuts
expected to come into place from next week.
The investment is
designed to reduce both household spending and household waste, marking
the start of more consumer-conscious trading. According to Brasher the
vast majority (eight out of ten) of Tesco's customers are in "the
squeezed middle" – something which led to the new plans.
amount of offers, such as buy-one-get-one-free promotions, will be
reduced in favour of general price cuts. These will be applied to
essential household items rather than luxuries, encouraging customers to
shop smartly and save money on the items they need.
By SavooStaffGuest Blogger
Money Saving Tips
We're a house proud lot in the UK; our homes are our castles and our
gardens are a refuge away from the stresses and strains of modern day life. But, with most of us looking to keep our spending to a minimum and the
majority of us looking for ways to save money anyway we can, finding the extra
money to pay for sprucing up your home can become increasingly expensive.What's the best way to DIY on a budget?
Chocolates, roses, dinner, maybe a movie or the theatre? Is romance getting a bit predictable? How about doing something different for Valentine's Day this year? Even better, how about doing something different, something better and saving money at the same time? What I'm suggesting, in the interest of making the Great British bedroom less 'functional' and more 'sensual', is a Valentine's bedroom makeover. Trust me, your better half will love you for it.
The problem with bedrooms, especially in long term relationships, is
that they tend to get neglected. There's always something more important
to spend our cash on in the house...a new cooker, a new TV, decorating
the living room or the kids' rooms. And let's face it, the longer your
relationship, the more functional your bedroom becomes! So, time to put
some va-va-voom back into your bedroom with these spicy Savoo savings...