Top tips on saving money for a trip abroad

Everybody needs a break occasionally from the daily grind of working life. A week or two in the sun is something most of us wouldn’t mind. The key is in knowing how to save money for a holiday, so you can take that well-earned break.

Budgets are great for any situation in which you need to save money. Work out exactly how much money you have coming in, versus how much money you have going out.  Allow yourself a certain amount of ‘spending’ money, and any that’s left-over can go into savings.

Top ways to invest your money

If you’ve found yourself wondering where to put your hard-earned cash, then you’re not alone.  Knowing where to safeguard your savings can be pretty confusing and you’re likely to get different advice from different people … which really doesn’t help matters at all!

Many find themselves torn between the various options available when it comes to investments. Some fear the element of risk, while others are simply overwhelmed by financial jargon and terms that can make the process seem daunting. Getting help from a financial adviser can clarify your options and help you ascertain the best place to invest money whilst making a healthy return.

Do you need to take the car?

It’s no secret that the cost of living is again on the rise and as a result you’re probably looking for new ways to save on your daily expenses.

While there are many things that you can’t cut back on hugely without starting to suffer there are some that you can; your petrol usage being one of them.

The tips below will show you how to save money on petrol on a day to day basis.

Paying for car repairs

When it comes to unexpected expenses, car repairs are probably one of the worst. After all, unless you’ve been ignoring the fact that there is obviously something wrong with your car you often don’t get any forewarning that repair bills are coming. And when they do turn up they are rarely inexpensive.

The average car repair bill
All car repair bills are made up of two parts:
The cost of the replacement parts or welding
The labour charges to fit the replacement parts or do the welding

Make your Christmas feast affordable

The turkey, the stuffing, the mulled wine and the crackers – Christmas dinner is without a doubt the ultimate family feast of the year.

There’s no doubt that popping on your favourite holiday album and cooking up a storm can be a lot of fun. But while the Christmas dinner is a pivotal part of the celebrations, it can be expensive if you’ve got a lot of people to feed! These money saving tips can help you avoid turning to short term loans lenders, breaking your credit card or dipping into savings whilst still keeping your Christmas feast affordable and enjoyable.

A 40 year olds guide to saving for retirement

Retirement is something we rarely think about in our younger years, but by the age of forty retirement suddenly doesn’t seem so far away.

Millions of Britons fail to plan adequately for retirement and end up having to survive on the £144 per week state pension offered by the government. With the average life expectancy constantly rising and medicine ever improving, you could well be looking at living well into your nineties.

So your retirement could potentially be thirty years. Some people don’t know how to save for retirement, whilst others simply do not think about it; planning ahead is something that takes conscious effort but will save you considerable stress when the time comes.

Flying High for Less

We all need a break once in a while – whether that’s some sun, sea and sand to wash our cares away or a trip to a secluded spot for some much needed ‘me time’ – but this does come at quite a cost. When you take into consideration the flights, the accommodation and your spending money, your relaxing trip abroad can soon turn into a money-guzzling nightmare.