Savings accounts possibilities may surprise people, says moneymaxim.co.uk

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Savings accounts possibilities may surprise people, says moneymaxim.co.uk

Consumers may be surprised by the amount of cash they can save before the start of Christmas, a source from moneymaxim.co.uk has claimed.

Among the suggestions put forward by Mark Bower, managing director of the online firm, was to sell unwanted items on eBay.

He explained that there will be plenty of people seeking gifts, so there may be more chance of selling in the run-up to Christmas.

Mr Bower also urged people to try cutting out any daily luxuries, saying: "If you normally buy a frothy coffee every day costing £2.40 from Costa, why not start using the kettle - that will save you almost £100 before Christmas."

In his opinion, another way of gathering cash is to empty your pockets of change at the end of each day and put the coins in a jar.

Recent research by NS&I showed many individuals believe they are less likely to save in the autumn, with female respondents proving to be more pessimistic than males.

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