In response to the FCA’s Financial Lives Survey released today revealing the financial vulnerability of the nation, Tashema Jackson, money expert at uSwitch.com, says: “In the last ten years the cost of running a household has climbed 20% against a meagre 2% increase in income, putting increased pressure on consumers of all age groups. With one in ten of us barely breaking even at the end of the month, it’s easy to see how households are plagued with worry as they are being plunged into debt simply trying to make ends meet.
“A decade on from the financial crisis, a third of consumers have less disposable income than they did ten years ago. This reduction in disposable income is life-changing for many families and shows how crucial it is that financial planning is a priority for everyone.
“If you are struggling to find help, it may be worth speaking to a debt charity such as StepChange and remember you can seize control of your own finances by checking if you’re getting the best value for money from your financial products.”
Find out how you could save over £1,000 a year with uSwitch here.
Launched in September 2000, uSwitch is an online and telephone price comparison and switching service, helping consumers get a better deal on gas, electricity, broadband, TV services, mobiles and personal finance products including mortgages, credit cards, car and home insurance. Last year we saved UK consumers over £278 million on their energy bills alone.
Customers can sign up to an account that automatically monitors the energy market and notifies them when they can move to a cheaper tariff, while broadband customers can conduct a speed test to find out how fast their broadband is and identify the best deal for their postcode.
The multi award-winning 'Switching Made Simple' app allows customers to compare energy, broadband, credit card, mobile and SIM-only deals – and uSwitch also has a UK contact centre manned by energy and broadband experts. Customers can post their latest energy bills to FREEPOST USWITCH to receive a free call back and be guided through the comparison process, or they can email email@example.com with their postcode and usage details.
uSwitch is owned by ZPG, which operates some of the UK’s most trusted digital brands that help empower smarter property and household decisions including Zoopla, Money, PrimeLocation and SmartNewHomes.
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