- Tip 1: Pay bills online: Paying bills on-line saves you money in two ways. Firstly, you don't have to pay any mailing charges or credit card charges if you do it from your savings account etc. Secondly, if you set up automatic payments, you won't forget to pay your bills and be penalised.
- Tip 2: Pay bills ahead of time where a discount is offered: Many insurance companies offer 10 percent discounts if you pay ahead of time. If this is the case, take advantage of it. The 10 percent saving will most likely equate to more savings than you would earn Interest in your account.
- Tip 3: Order Cheques online: Cheques from banks can be quite expensive. An alternative is to order them from an online cheque provider. Try not to use them if you can, cheques are outdated and expensive for a reason; banks want to get rid of them completely. For once we agree with the mongrels.
- Tip 4: Safety Deposit Boxes: These are almost a must. You can keep important and valuable items and information safe. If something happens to your house you still have originals or copies of information in these boxes. What's more, some banks offer them cheaply or for free depending on what account you have. It also has the benefit of making you feel like Matt Damon in the Jason Bourne series. Except if you’re like me you won’t be putting in 12 passports and a Colt .45.
Cheers
Rusty
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