Who’s Counting?

I am – and I am up to five – five great ways to find extra money.

One: Slash your credit card rate – you could take a term loan, clear the balance and cut your card up; if you don’t want to do this transfer to a low interest rate card; or alternatively increase you mortgage to clear your card and finally – if you have money in your savings account or term deposit pay off your card! The interest you earn is less than a quarter of the rate on your card.

Two: Lower your entertainment costs; hire a DVD and make your own popcorn, play board games with your family, go for a walk – instead of going out for a meal, prepare your own dinner, light candles and enjoy a bottle of wine which is at least a third cheaper than that at your favourite restaurant.

Three: Have a garage sale, invite your neighbours to join in, you may be meeting some for the first time but making money together is a great bonding process.

Four: Sell your used books to a second hand book shop – and try not to be tempted by buying more!

And finally revisit all your insurances you may be able to prune costs by taking on an excess, you may find that you now have unnecessary insurances BUT remember insurance is the umbrella which prevents financial ruin!