You can improve your financial situation in any number of ways. Some people just need to earn a little or cut back a little, others need to launch a multipronged attack. Read my best articles on making more, spending less, getting refunds and being smarter about your repayments.
Save Money [2 minutes, £100+]
This is a no-brainer and a 2 minute way to save £100+. It’s so simple that more and more people are using an energy switching service like Look After My Bills. Moneymagpie called this company a ‘game-changer’. I’ve written a detailed review here.
Make Money [10 minutes, up to £200]
So here’s the updated list (all correct at the time of writing):
Sign up – £1
Confirm email – 50p
Tastecard – £2.50 for 3 month free trial (you also get 3 months of half price on certain restaurants, that I’ve already used and saved about £17)
BFI Player 14 day trial – £1.20
NowTV 14 day trial – £2 (also an excellent selection of stuff)
ebooks2read 5 day trial – £2.50
Perlego 1 day trial – £2.20
Total £11.90, no spend.
Quick and easy way to earn a few quid. 20Cogs, allows you to withdraw as soon as you hit £10, however you’re limited to earning £200. Consider getting your partner or relative to register also to double up on the earnings! Sign up here.
Spend Less [1 minute, £100+]
Honey has saved me hundreds of pounds without even thinking. Honey automatically finds and applys coupon codes when you shop online! Takes the hassle out of searching for coupon codes and sales when you’re shopping. Basically just runs in the background and earns you money. Get Honey here.
Also, you may want to check out my guide to decreasing your expenses for some quick and easy actions to reduce your outgoings.
Getting a refund [60 minutes]
One of my most-read posts is about claiming for a refund on your loan. If you think that your loan is unaffordable, you should definitely check it out.
On a similar note, if you’ve had a delayed flight recently, it’s worth checking to see if you can claim.
Smarter repayments [60 minutes]
Snowball Method – if you can afford to make the minimum payments on your debt, then this method to become debt-free is almost definitely your best option. The great thing about the snowball method is that it actually improves your credit score, whereas the other options will damage it.
If you’re a little bit behind on your payments every month, consider a temporary repayment plan.
If you’ve got the cash, consider making extra loan repayments to get debt-free faster.
Finally, if you have a student loan, find out if you have the type that you should pay off or keep.