Posts Tagged ‘Money saving’


Lightweight savings: funding a night out can be cheaper for some


Thursday, October 21st, 2010

In the age of nightclubbing and excessive binging, it’s interesting to see what people’s drinking habits are like.

University students are lucky enough to schedule their workload around going out and, well, just being students; hard-working 9-to-5ers don’t have the luxury of being invited to numerous house parties and designated midweek student nights. And even if they were, it’s a lot harder to motivate yourself to get up at 7am and travel to work in the midst of rush hour with a splitting headache than it is to attend a 10am lecture in which you can comfortably sleep without being noticed.

So, for most of us here at 247Moneybox.com, going out is restricted to the weekend. But with money tight for many of us at the moment, we’d guess quite a lot of people leave that major night out until pay day.

Well, new research has found that some people may not need to wait that long because of their inability to hold their drink, and surely they’ll always save a bit of money when out with the heavier drinkers. Scientists have apparently isolated a ‘lightweight’ gene that provides insight into why some get more merry than their mates do.

A BBC article, reporting on US based research, highlights that while saving you money, this gene actually has a protective effect against alcoholism, as those who have it don’t feel the need to carry on boozing after the first few. It’s all to do with how fast a person breaks down the alcohol in their liver and brain  the faster you do it the quicker you get drunk.

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The early bird doesn’t catch the worm


Tuesday, October 19th, 2010

We’ve all been there.

Yes, as Christmas nears, children everywhere begin to brim with excitement as their unfortunate parents begin anxiously planning ahead for a nightmare bout of shopping in preparation for that ’special day’.

You’ll find some parents will have everything ready by early November presents stacked up, food marinated and stored and they’ll look over at their less well-organised counterparts while smugly satisfied at their own endeavours and the bargains they’ve acquired.

It may not come as a surprise to some, but an article on thisismoney.co.uk reports that due to the competitive nature of business, or ‘price wars’ as they’re known, it’s actually easier to snap up a good deal in the lead-up to Christmas.

Reporting on research carried out by comparison website mySupermarket.co.uk, the suggestion is that apparently leaving your shopping until later can actually save you money, particularly when it comes to food.

The examples cited include a 435g Christmas collection of chocolates sold at Tesco, that currently costs £6, only cost £2.75 last December, while a 1kg tub of Quality Street sold at £10 is usually sold on a ‘buy one get one free’ deal.

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Staying five alive in the recession


Friday, October 15th, 2010

We read with delight in the Evening Standard, among other papers, about a great idea being rolled out over London.

For all those savers, budgeters and careful spenders, independent ATM operator Bank Machine is planning to extend its £5 cash dispensers across the capital after successful feedback from trials in east London and outside Waterloo station.

These machines allow you to withdraw £5-£50 and dispense the relevant amount in £5 notes only. Picture the scenario of having an inconvenient amount of £6.44 left in your account and being forced to withdraw a tenner, leaving you overdrawn and possibly incurring bank charges and the rest.

And the funny thing is you would’ve probably only needed £4.50 for an outrageously expensive single ticket to Victoria. So the rest of the change gets lost on a Mars bar, a Red Bull, some chewing gum and other unnecessary purchases.

Anyone that empathises with this situation will welcome the idea, as we do here at 247Moneybox.com, and call for the machines to be placed nationwide we are in a terrible economic climate after all.

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Top 10 money saving apps


Tuesday, September 14th, 2010

It seems like everyone has the latest generation in mobile phone technology at the moment, so today we thought we would highlight some ways to save you some money by downloading the latest apps for your phone. The Times online has shown a few of the best to take advantage of, and by money saving we’re not just talking about a few pennies here and there, we’re talking up to £30 a week. These are their top 10 suggestions:

1. Vouchercloud: this one is free and it offers you a list of discounts and offers in your area.

2. iBarcode: the idea behind this app is a popular one - simply photograph the barcode of something you want to buy and the app will highlight the same product from different stores.

3. WiFi finder: this will allow you to access the internet faster and will find WiFi is offered for free.

4. 0870: if you need to phone a premium rate telephone number which starts with 0870, 0845 or 0800, this app will convert them to a low cost 01 number instead.

5. Free Parking: self-explanatory - this app will show you the locations of free parking zones in your area. Limited at the moment but this service is set to expand.

6. ATM hunter: if you need cash but dont want to pay the charges on an ATM, this app will take you to somewhere to avoid the charges, which is handy when you’re in unfamiliar surroundings.

7. Petrol prices: this will find the cheapest petrol prices around and is updated weekly.

8. Tesco clubcard: your iPhone can now turn into a clubcard for when you want to use it.

9. UK tax calculator: this app will allow you to work out how much tax you will be paying at the end of the year.

10. Mini mortgage manager: this app will calculate how much you have repaid and how much has gone on interest payments.

Usually we at 247Moneybox.com provide you with a few tips for saving money, however with these tips you may save a significant amount each week.

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Making your computer pay for itself


Monday, August 16th, 2010

Have access to the internet? Have a bit of spare time on your hands? Then why not try to earn yourself some money online. Here at 247Moneybox.com we’ve compiled a list of some ways you cOULD possibly earn a few pounds here and there. So when you have time to waste, then at least see if you can get paid while wasting it!

1. Answer questions: some sites offer their customers the chance to answer questions. So if you consider yourself the master of trivial pursuit or the don of your local pub quiz, then get online and get answering. Questions may be texted to you and allow you the chance to earn yourself some money and massage that massive ego of yours at the same time!
2. Do surveys: if you think of yourself as opinionated and someone who doesn’t lose arguments then you might enjoy earning money by completing some online surveys. These can range from political surveys to university students’ surveys. Websites can offer between £1 and £5 for completed surveys.
3. Get paid to just use the internet: many companies like to know customers’ browsing habits, therefore you can now get paid to simply surf the internet. Search for companies which want some market research.
4. Sell your photos: consider yourself as a great photographer? Then maybe someone else might agree, and pay to prove it. Find a site where you might be able to sell some of your photos.
5. Rent your stuff online: going away for a bit? Then why not get your possessions to earn themselves money. Try and find a site which allows you to rent anything from DVD players to furniture to children’s toys.
6. When buying something online, see if you can find the same goods but with cash-back opportunities. Companies are struggling during the recession and will therefore push hard to get you to shop with them.

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The best ways to save fuel this summer


Thursday, July 1st, 2010

Motoring in the last few years hasn’t been cheap, so today we thought we’d bring you a few ideas on how to save fuel. Having watched Clarkson do a round trip to Scotland and back using only one tank of fuel, we at 247Moneybox.com are amazed at how much money fuel-efficient driving can save you every year. Using the tips below could save you up to 50% on your annual fuel bills.

First of all, turn off air-conditioning or any other features which may use up fuel. Admittedly, during this summer it has been difficult to do this step. Make sure you don’t open the windows, as the drag and negative effect on the car’s aerodynamics will actually cost you more on the forecourt than keeping your air-con on.

Drive slowly and use cruise control on motorways. The difference between 70mph and 80mph is significant on the fuel tank. By leaving your car on cruise control the computer will be able to work out how to maintain your speed using the least amount of fuel possible.

Continuing from the point above: drive consistently. Try and predict the traffic and where you will need to slow down ahead. You can get a minor in a driving test nowadays if you unnecessarily accelerate to a red light, and you will equally be getting a minor to your wallet every month as well.

Keep in the highest gear possible — an obvious point when wanting to save petrol, however be sure to not labour the engine as that may use up extra fuel.

Finally, avoid taking a cold car anywhere. Cold cars are thirsty cars, so if possible try and get a lift with a friend; this will have the obvious advantage of cutting down costs completely!

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VAT increase - how to avoid being burnt come January


Wednesday, June 30th, 2010

With the latest government budget it looks like we’re all going to be facing VAT at 20% next year. Therefore we at 247Moneybox.com thought we might help you find a way around paying extra for food. Food alone is set to add a lot to the householder’s consumption, and that’s before even considering the impact of the tax rise on petrol, clothes and cars. However there are loopholes, and if you are crafty enough you can seriously reduce the impact of VAT.

VAT is charged differently on different goods; there are the so-called ‘essential foods’, which have zero VAT on them, and then there are the ‘luxury foods’, which, on the other hand, do have the full 20% taxed on them. Therefore our first tip would be to find out the difference and shop accordingly.

But there are inconsistencies in how different foods are categorised, so you may find it possible to keep your regular spending habits and still pay little or zero VAT. Two tips are to shop for wheat-based crisps rather than potato-based ones, and to buy freshly baked goods rather than visiting the takeaway counter, as the latter will set you back due to VAT.

So if you want to avoid or minimise VAT costs, take a little time to find out the differences between the essential and luxury foods and exploit this to your advantage.

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247Moneybox.com’s tips for saving money on your phone and mobile bills


Friday, August 14th, 2009

Today we will be looking at how you can save yourself a bundle on your phone and mobile bills; we find our customers can help their finances greatly if they adopt a more prudent structure to their finances in conjunction with one of our payday loans.

So how do you save money on your phone bills? The first thing you must do is work out the type of user you are and try and build a phone profile; do you use your landline a lot or your mobile, what do you mainly use your mobile for, texts or calls?

When you know what kind of user you are then its time to get a tariff and phone line which is adapted to you. In particular it may also be useful to find out what numbers you regularly call, and whether you mostly call other mobiles or landlines. Next, the best idea would be to go to a price comparison website and compare the main phone companies; often these comparison websites allow you to put in personal information about how many calls you make per week and to what phones, which will ensure you get the right service for you.

If you rarely use your phone - perhaps you have one for the internet or to receive calls - then it might be time you thought about getting the lowest rate possible for your type of usage. We’ve found that the best option is to look at the Post Office, as they offer the cheapest line we could find and it’s perfect for those who infrequently use their phone.

Need a little injection of cash to help you cover those urgent bills until your next payday? If so, then it might be time to consider taking out a payday loan. Here at www.247Moneybox.com, we can offer you cash quickly - without the hassle of paperwork, thanks to a simple online application form - so don’t let your finances get out of hand or threaten you with being evicted or losing your utilities for a period of time.

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Two simple steps to save money this month


Thursday, August 6th, 2009

A wise man once said that you should look after the pennies and the pounds will look after themselves. Well, with this in mind, our article today will look how you can save yourself more than just pennies this month.

The first tip we advise you to follow is to literally watch your pennies; if you are being weighed down by heavy lumps of metal in your wallet or have discovered a copper mine below the cushions of your sofa, then cash in on these untapped financial resources.

You’ll be surprised at how much you can get after, say, six months. Having a mascot piggybank as a logo means we have no excuse to not have a piggybank in the office - after six months we’ve managed to accumulate nearly £60! You needn’t even have to worry about counting and bagging the coins - the emergence of machines which will give you the cash back in more useful coins and notes means that you can cash in on all your piggybanks’ savings while getting your groceries .. you could even make it a monthly event.

One way that you can actually get yourself turning over a few pounds here and there is through a few Internet sites - these sites will offer you money for simply filling in a few forms or having advertisements on your screen while browsing.

Need instant cash to cover your monthly expenses? Well, then it might be time that you considered taking out a payday loan with us here at www.247Moneybox.com. We offer people the chance to get the cash injection they need to cover their cash-flow problems and difficulties. Simply take a few minutes to fill in our application, then we will make a quick decision, and you could be getting your money as soon as possible. When it comes to paying us back we will deal with taking the money automatically out of your account so that you don’t even have that hassle.

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