ways to manage BILLS
Our consumer lifestyle team are here to make your money go further
1. Get updates
Monzo customers can use the bank’s Bill Tracker service, which lets users know when a direct debit is higher or lower than usual. As well as helping people budget, it could also alert customers if they’ve been overcharged in error, so that they can take action.
2. Stay in control…
Get a full overview of how much money you have and what you spend it on with Moneydashboard (moneydashboard.com). It lets you see how much you’ve spent on bills each month – and compares it with previous months, which makes it much easier to spot if they’re beginning to creep up. If users haven’t been shopping around for better deals, then this may trigger them to start.
3. Taking notes!
You don’t need technology. Put notes in your diary each month and go through your bank account, writing down how much you’re spending. Once you see how much cash is going on bills, it might make you reconsider your monthly subscriptions like that costly, unused gym membership!