24 June 2008
This week uSwitch.com has released a number of money-saving tips for consumers who may be coming under increased financial pressure due to the credit crunch. Disposable incomes are dipping at a fast rate, the company noted, while the costs of essential items are also rising at their quickest pace since records started. And with an inflation level of 3.3%, matters may well become worse in the short term for already worried consumers, it said, individuals who may have debt on credit cards. Director of Consumer Policy at uSwitch.com Ann Robinson urged people to look again at their finances and try to save money in this way. "But while consumers are struggling to make ends meet there are measures they can take to reduce their monthly outgoings. Households could save up to £1,500 on bills and financial services by following the simple money saving tips within our guide," she claimed. Example hints offered by the outfit include changing to deals on credit cards with 0% balance transfer. Combines Insurance said last week that the general cost of living for consumers has rocketed in recent times.
© 2008 Adfero Ltd
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