BEWARE THE HEAVY PURSE PROBLEM
Some people feel the urge to burn cash that’s in their pocket simply because ‘it’s there’. ‘If this sounds like you, don’t carry around all the cash you need for the entire week,’ says Jasmine. ‘Instead, plan daily expenses and limit how much cash you carry at one time.’ If you’ve been so frugal you’ve got money left over, don’t fritter it – use it to pay off debts or to start a holiday or Christmas account. Discover the top savings accounts at moneysavingexpert.co.uk.
TIP Make like a child and keep a money savings jar. If your bank won’t take a huge pile of coins, find change machines at big supermarkets or log on to coinstar.co.uk for one near you.