Money Saving Tips

Welcome back to another episode of the Mark My Words podcast with your host Mark Homer. In this episode, Mark goes through his top tips for saving money in your life and business. Mark goes through several areas on how you can save thousands of pounds every year in your life, and business from car insurance, to utilities and saving accounts. Key Takeaways Personal Car Insurance. Make sure that six weeks before your renewal date you search around for cheaper options for insurance. The whole industry is predicated on making a profit from customers who are loyal and don’t change provider every year. Looking at the below four comparison sites every year can save you hundreds of pounds in the cost of your car insurance. Money Supermarket Confuse.com Go Compare Compare the Market Fleet Car Insurance. Try and go to a number of different brokers and play them off against each other, every year so that you can save money on your fleet insurance. This is the best way as there are no business compare websites for fleet insurance. Home Insurance. Make sure you go onto a number of comparison websites every year which can ensure that you are saving hundreds of pounds on your policy. Some of the best websites are the below: Money Supermarket Compare the Market Go Compare Keeping your claims down in the last five years to under one can help to keep your premiums down. Brokers are useful in gaining portfolio insurance for a large number of properties. At the end of each year get a quotation for each of your brokers to see if there are cheaper options. Utilities. Make sure that you are changing these every year, which has got a lot easier in recent years. Please do subscribe to the Cheap Energy Club, at the link below, which lets you know when there is a product that is cheaper than what you are already paying. Changing from the standard rate which energy companies automatically place you on, to an offer rate can save you hundreds of pounds. Saving Accounts. Try and change this account every April as this is the start of the personal tax year. I want to make sure that I’m getting the highest savings rate. Please check Moneyfax.co.uk which can offer you the best deals for savings accounts. There are always some good instant access accounts on the list for you to have a look at. There is a new Goldman Accounts called Marcus which has a good interest rate on it, for 12 months. Rates drop down after the first year so it’s really important to switch every year. Mobile Phone Contract. Every year you are paying the subscription to a mobile company, so at the end of the contract make sure you get your upgrade on your phone, as you are paying for this through your contract. It’s best to use a price comparison site so that you can find the best tariff on the market. Mobiles.co.uk   Buying In Bulk In January. Use the January sales, and buy two years worth of supply for shampoo, toilet roll, kitchen roll, those essential non-perishable items for your house. Then I’d store this under the house, which means you save lots of money and you don’t have to go shopping for these items throughout the year. Make sure you’re not loyal to a brand but you’re looking for the offers out there. Contract Hire On Your Car. Make sure you are going for the offers that are available rather than the brand or model of car. This can be a really effective way of saving money. The below websites are the best websites that Mark has used to get the best deals. If you would like Marks spreadsheet which compares these offers please email him, his details are at the bottom of the show notes. CentralUkVehicleLeasing.co.uk Freedom Contracts.com V4B AppliedLeasing.co.uk Best Moments ‘Make you have BS3642 locks on your doors and key locks on your ground floor windows.’ ‘Definitely look at changing your mobile tariff, utilities and car insurance to save hundreds of pounds’ ‘Make sure you’re not loyal to a brand but you’re looking for the offers. Valuable Resources Cheap Energy Club - https://clubs.moneysavingexpert.com/cheapenergyclub/register Moneyfax.co.uk    About the Host Bio - Mark Homer Mark Homer is an entrepreneur investor.  He has worked with investment since he was 15 years old using the laws of wealth! He is a spreadsheet analyst with an impressive following from major publications including BBC Radio, The Wall Street Journal, The Independent, as well as co-authoring the UK’s best selling property books.  Mark has always looked for the best investment vehicle, and at the end of 2007 with Rob Moore the co-founder of Progressive Property his joint portfolio produced more profit than any of the other investments he’d tried in the last ten years, combined. Contact Method Facebook – Property soldier Email – [email protected] Email: [email protected] LinkedIn: https://www.linkedin.com/in/markhomer1 Facebook: https://www.facebook.com/markprogressive Twitter: https://twitter.com/markprogressive‘Brought to you by Progressive Media’: https://progressivemedia.uk/