28/08/2026
Are you wasting money every month?
The cost-of-living crisis means we’re all looking for ways to save money and reduce our outgoings to cover rising costs.
One simple way to make sure you’re not spending money unnecessarily every month is to carefully check your bank and credit card statements to ensure you’re not paying for unwanted subscriptions.
It’s easy to take up a free offer and forget to cancel when payments kick in, or to carry on paying for a subscription service that you’re not really using.
Here are a few quick wins you could consider too:
▪️ Budget - put together a list of all your income and outgoing costs and understand what you have spare, what can be cancelled or how much in the red you are. Knowing is always the first step.
▪️Credit Card - move any interest-incurring balances to 0% cards, there are a few that will let you transfer for free and therefore you won't pay anything. Try to split the balance over the 0% period so you don’t occur any interest.
▪️Use a credit card for everyday spending which offers cashback rather than a debit card but make sure you pay if off in full otherwise the benefit from the cashback is cancelled out. You will also be protected if there is an issue with your goods.
▪️Insurance - pay annually for policies where possible as you will normally save yourself a month's charge.
▪️Council Tax - spread the cost over 12 months rather than 10.
▪️Shop savvy - Pay online via sites such as Topcashback or search the internet for discount codes for all purchases.
And if your business needs financial help, visit www.syprofinancial.co.uk or email [email protected] to arrange an informal chat.