Cost-cutting advice from Martin Lewis
www.moneynews.co.uk > General finance > Cost-cutting advice from Martin Lewis
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Money News |
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Cost-cutting advice from Martin Lewis
Fri 8th Aug 2008
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He told the Mirror that all the major utility companies are likely to up their prices in the time it takes to switch.
Consumers should therefore wait until it happens and then compare the prices. In the meantime, they should pay by normal billed meters and monthly direct debit.
Homeowners should seek new mortgage deals six months before the end of their fixed or discount deals.
Mr Lewis also advised accelerating more gently to save on petrol and dropping a supermarket brand level on food, which he said could cut shopping bills by 33 per cent.
Credit card holders who are not paying off their balance in full every month should transfer the balance to a new card to get a cheaper interest rate.
The price of fresh food increased by more than ten per cent in the year to July.
Costs rose by two per cent last month, bringing the annual rise to 10.8 per cent, according to research from the British Retail Consortium and Nielsen.
Related News : General finance |
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