Carol BrickAt a time when inflation is busting everyone’s finances, try these money-saving personal finance strategies from Carol Brick, QFA, personal finance advisor and owner of HerMoney.
.Print out some bank statements and examine all your various outgoings over the month or even the quarter. Look at ways to make possible savings. Questions you need to ask yourself: can I firstly save any money on the big-ticket items in terms of monthly expenditure? When was the last time I reviewed my mortgage policy, mortgage protection cover, and major insurance policies? Companies are competing for this business and will help with switching.
and checking online price comparison sites before renewing energy, telecoms or general insurance contracts.Having a household budget is the best way to keep costs under control, and many of our clients have seen real savings using this practice. Now more than ever is the time for it. Simply keep track of how much you spend, and what you are spending it on, given that there’s been significant price changes in various categories.
Carol Brick, QFA, runs CWM Wealth Management, a personal finance company she set up in 2008 that now has offices in Cork and Dublin. She operates a dedicated business, , providing financial advice for professional and self-employed women. The business has 10 staff members and Carol has advised over 5,000 clients nationwide.
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