The Mail on Sunday

SIX SIMPLE STEPS TO SAVE YOU A FORTUNE

Follow our essential guide to transform your finances

- byJeff Prestridge PERSONAL FINANCE EDITOR

ALTHOUGH the financial crisis of 2008 may now seem a distant memory, we continue to live in financiall­y challengin­g times.

Yes, the economy is in pretty good shape but inflation is on the rise, eating into our household finances.

There are also issues aplenty which could potentiall­y derail growth at any stage – a worrying credit boom, economic hiccups triggered by the journey towards Brexit and, of course, disruption to the world economy as a result of President Trump’s ‘America first’ policies.

At some stage interest rates could start moving upwards, increasing the cost of our mortgage repayments.

Savers would welcome such a move although it is debatable how eager banks and building societies would be to increase savings rates.

Yet households should not despair and bury their heads in the proverbial sand.

There are some simple steps we can ALL take to ensure we keep on top of our finances, now and into the future. They apply to all age groups, young and old.

This essential four-page guide, written by Jo Thornhill, outlines six measures you can take to transform your money matters.

Everything from ensuring you maximise the interest on your cash savings, investing shrewdly and tax efficientl­y for the long term and keeping a lid on key household bills, including the mortgage. They are steps that can be taken easily and without using the services of an expensive expert.

In some instances, they will quite literally shave hundreds of pounds off your annual household bills. Enjoy this special report. I trust it prompts you into licking your finances into shape and saving a small fortune in the process.

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