When it comes to saving money its hard really to think of a better thing do. Considering technically we are coming out of a pretty hard hitting recession it got me to thinking about overall personal practice. Most of what I’m about to say was hounded at me by my bank manager last week when I went in to moan that I had no money.

• When it comes to paying for stuff withdraw cash and use that instead of paying for everything with the omnipresent ‘debit card’. - As I found out recently when I was charged for a purchase which was only ‘debited’ from my account roughly a month after I actually took the products from the store.
• Make sure you have some kind of savings lined up. Banks will never lend you money when you need it. This is frustrating. Make sure you invest in a savings account and at the very least put something into it on a monthly basis.
• Keep your spare change in a pot. Luckily this Christmas I was given a lovely electronic money counter for my pennies. Nothing is better then literally watching your savings grow by the day. Unfortunately this comes at a price at the small amount of interest that you will build up in a ‘high interest savings account’

Interesting he also encouraged me to have a look at Money Saving Expert for some added tips seems a slight cop out to me but after flicking through the ‘inspirational’ forum pages it has almost encourged me more then the 14th of March.

Hope my friends is a good thing.

This post was written by me at my other Blog - Interestmeplz