Money saving advice from over 50s home insurance specialists Castle Cover
15th December 2008
Over 50s home insurance specialists Castle Cover post money saving tips for the over 50s on www.castlecover.co.uk
In the current financial climate, making savings - however large or small - are a high priority for many. That's why Castle Cover has posted money saving tips on www.castlecover.co.uk to help those who might need financial guidance in this economically turbulent time.
The pointers range from small, simple ideas such as using local market stalls, to reviewing home insurance to make larger savings.
For more information visit: www.castlecover.co.uk
10 money saving tips from Castle Cover
- Find the cheapest Home insurance: Home insurance isn't mandatory but it is strongly advisable. Can you afford to foot the bill if your home suffers a disaster such as a fire? As a person over 50, insurers will consider you 'low risk', meaning you can save money by insuring with an over 50s specialist such as Castle Cover.
Saving: 10% of people save up to £192 with Castle Cover*.
*Based on independent research 10% of customers could achieve this saving,
- Sell the things you don't need: To those who do. Open your wardrobes and cupboards and assess what's inside. Do you have clothes you no longer wear or items you haven't used for years? Sell them on EBay, in the Free Ads or at a car boot - you'll make money and clear out old clutter at the same time.
Saving: Depends on the quality of your clutter.
- Consider installing a water meter: If you have a big home with few occupants, you might be surprised to learn how much you could save by installing a water meter. Most homes in England, Wales and Scotland are entitled to a free meter and companies are expected to fit them within three months of your request.
Saving: £100s
- Use your local library: If you buy one book a month for £10, you can save £120 a year by making use of your library. Most have a good selection of DVDs to borrow too, so if you currently rent a film out every couple of weeks at £3 a time, that's an extra saving of £72 a year.
Saving: £100+
- Make a shopping list: It's easy to get distracted by big displays and special offers at the supermarket. More often than not, you might find your checkout bill is more than you were expecting to spend. To combat this, plan a few meals in advance and only buy what you need. A small saving each week will go a long way.
Saving: £5 a week = £260
- Go to market: How often do you use your local market stall? Lower overheads should mean lower prices, and the fresh produce means you're eating healthily for less too.
Saving: £100+
- Flex those green fingers: Get into the garden and grow from seed rather than buying plants, and take cuttings from friends and family. Research what will grow in your garden so that you won't waste money buying plants that quickly die.
Saving: £50+
- Make your car go further for less: There are several small and clever ways to get more miles out of your fuel tank. Keep your tyres correctly inflated, fill up with fuel more frequently in lower quantities (the lighter the car, the less fuel you will use), and drive more efficiently - 10,000 miles at 80mph on the motorway will cost you around £400 more than driving 10,000 miles at 70mph.
Saving: £100+
- Don't pay over the odds for car insurance: A person over 50 is less likely to be involved in an accident and more likely to drive carefully. You can be rewarded for these facts by an over 50s specialist such as Castle Cover, helping you to achieve the most competitive premium on your car insurance.
Saving: 10% of people save up to £128 with Castle Cover*
*Based on independent research 10% of customers could achieve this saving.
- The Citizens Advice Bureau can help: If you have debts that are out of control, seek help immediately from your local Citizens Advice Bureau. Their advisors can provide a free and sensible strategy to get you back on your feet.
Saving: Your peace of mind.
