It's that time of year when it's time to renew my house and contents insurance.
The first rule to learn is that in this field 'loyalty does not pay!'
Having banked with HSBC for over 40 years, this year's premium has increased 23% since last year!
Time to log on to a comparison site such as Go Compare, Confused.com or Money Supermarket. Having spent about 25 minutes filling in the online form, I discover that I can obtain the same level of cover for a £100 less!
Do bear in mind that you can also get cash back at sites like Top Cashback, so it's very much a case of working out how to get the best saving, since the highest cash back may only be available on certain policies.
For example, via Go Compare I was quoted a premium of £119 with Admiral. Using the Top Cashback web site, the £70 cash back offer was only available if you took out the Platinum policy at £185 which naturally offered greater cover to include e.g boiler and central heating cover. A simple calculation i.e deducting £70 cash back from £185 gives you a price of £115. This means you are effectively £4 better off and with much better cover.
In effect for less than an hours work, you have benefited to the tune of £100.
Aled Evans
Thursday, 30 March 2017
Tuesday, 21 March 2017
Debt card not Credit card!
Credit cards should be renamed debt cards because unless you pay the debt off in full at the end of each month, you will fall further and further into debt given that the service provider will charge interest of at least 15% on your debt!
You could find yourself in that pathetic situation where at least half of the minimum repayment each month will be evaporated paying the high interest charged!
It is the equivalent of throwing your money on to the fire!
The lesson is only spend what you can afford to pay off in full at the end of each month!
In the good old days, wise people would save up before making a purchase. Given the present financial crisis, we may well have to return to this common sense approach!
Aled Evans
You could find yourself in that pathetic situation where at least half of the minimum repayment each month will be evaporated paying the high interest charged!
It is the equivalent of throwing your money on to the fire!
The lesson is only spend what you can afford to pay off in full at the end of each month!
In the good old days, wise people would save up before making a purchase. Given the present financial crisis, we may well have to return to this common sense approach!
Aled Evans
Only spend after your boat comes in!
👍
Money saving advice thanks to Martin Lewis
Thursday, 16 February 2017
The true cost of using 118118 to obtain a telephone number!
Recently while using the 118118 service to obtain the telephone number of a local hotel and to be connected, I ended up paying £8.79 for a 1 minute 27 second call!
Having highlighted these excessive charges on social networking sites, I have been promised money back and I received this reply:
Having highlighted these excessive charges on social networking sites, I have been promised money back and I received this reply:
Hello Aled,
Thank you for your recent correspondencel.
You have been more than gracious in your understanding of how the service works and we do value your custom.
Thus a goodwill gesture refund for £8.00 is on its way to your door. Please allow up to 28 days for delivery.
My apologies for any inconvenience caused and thank you for bringing this matter to our attention.
In future you could try our alternative services, such as 118 811 which is a fixed £1.00 charge from a landline for simple, single number enquires. 0800 118 FREE for entirely free calls. Text enquiry responses cost £3.50, while 118.com is free to use. You would however have to contact your service provider to see if they put additional access charge costs on top of these services but I do hope they are helpful.
If you have any further questions please feel free to contact me again.
Kind regards,
Roxan
Roxan Dotillos
Customer Care Advisor
The best advice therefore is to visit their web site 118.com and obtain the service free of charge or so they tell me!
Aled Evans
Wednesday, 6 May 2015
Cycling is an excellent way of keeping fit and healthy as well as having great psychological benefit!
When you go out into the countryside taking in the splendid views and fresh air, why not make your journey that little bit more interesting by tracking your journey on a GPS system!
Grab yourself a bargain at www.sigmasport.com
http://www.sigmasport.co.uk/item/Garmin/Edge-500-GPS-Unit-Blue/2EI?utm_campaign=Garmin+Bont+VeloToze-+26042015&utm_source=emailCampaign&utm_
Normally priced at around £199 providing you sign up for their newsletter you can grab yourself a great bargain for a total price including VAT of £104.65
You then have the option of uploading the details of each journey on the web site
www.strava.com where all your friends can follow your progress and adventures!
When you go out into the countryside taking in the splendid views and fresh air, why not make your journey that little bit more interesting by tracking your journey on a GPS system!
Grab yourself a bargain at www.sigmasport.com
http://www.sigmasport.co.uk/item/Garmin/Edge-500-GPS-Unit-Blue/2EI?utm_campaign=Garmin+Bont+VeloToze-+26042015&utm_source=emailCampaign&utm_
You then have the option of uploading the details of each journey on the web site
www.strava.com where all your friends can follow your progress and adventures!
The objective of this blog titled Money Matters Makes Economic Sense is to provide basic but yet important information, with regards to basic economics and common sense with regards to financial matters!
Unfortunately for far too long our antiquated education system ignored the value and benefits of teaching young people within the education system the basics of sound economics!
Consequently as a result, our young people and indeed the majority of us are vulnerable to the financial organisations and businesses taking advantage of our ignorance and naive attitude towards finance. As a result stores, credit card companies and the banks have been taking us to the cleaners for years!
But now, finally, thanks to the pioneering work of crusaders such as Martin Lewis and his excellent and informative website www.moneysavingexpert.com the ordinary consumer has the opportunity to take matters into their own hands, being finally free from the negative and destructive influence of the major companies and financial institutions!
As the saying goes 'Knowledge is Power', but it should be added 'only if you put it into practice!'
My mission is to provide people with the right sort of information, designed to help people save money on a wide range of everyday items, be aware of the latest bargains so your money goes further, as well as giving you basic lessons on economic principles that should provide you with financial security and independence!
I should state categorically at this point that I do not consider myself to be a financial expert, or possess any qualifications in the professional sense. The information that I will impart is based on years of learning the hard way, having been foolish enough to put my faith in other people and organizations, who
I thought were experts in the field and discovering that common sense is really not that common!
Today I always question information imparted by so called experts, very much aware that they are primarily concerned with their interests and not yours! Nowadays I conduct my own research and educate myself, so that I can take decisions designed to look after my own interests!
Therefore, I hope that you will join me on this voyage of discovery as I provide you with economic sense lessons and discussions, as well as news about the latest bargains and ways of making your money go further in this mad world of ours!
Unfortunately for far too long our antiquated education system ignored the value and benefits of teaching young people within the education system the basics of sound economics!
Consequently as a result, our young people and indeed the majority of us are vulnerable to the financial organisations and businesses taking advantage of our ignorance and naive attitude towards finance. As a result stores, credit card companies and the banks have been taking us to the cleaners for years!
But now, finally, thanks to the pioneering work of crusaders such as Martin Lewis and his excellent and informative website www.moneysavingexpert.com the ordinary consumer has the opportunity to take matters into their own hands, being finally free from the negative and destructive influence of the major companies and financial institutions!
As the saying goes 'Knowledge is Power', but it should be added 'only if you put it into practice!'
My mission is to provide people with the right sort of information, designed to help people save money on a wide range of everyday items, be aware of the latest bargains so your money goes further, as well as giving you basic lessons on economic principles that should provide you with financial security and independence!
I should state categorically at this point that I do not consider myself to be a financial expert, or possess any qualifications in the professional sense. The information that I will impart is based on years of learning the hard way, having been foolish enough to put my faith in other people and organizations, who
Today I always question information imparted by so called experts, very much aware that they are primarily concerned with their interests and not yours! Nowadays I conduct my own research and educate myself, so that I can take decisions designed to look after my own interests!
Therefore, I hope that you will join me on this voyage of discovery as I provide you with economic sense lessons and discussions, as well as news about the latest bargains and ways of making your money go further in this mad world of ours!
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