Three ways to save £300 in three minutes
Having enough money to pay the bills is the number one concern for hard-pressed Brits, according to research by Bacs, the direct debit operator.
If you're filled with dread when your bills hit the doormat, here are three simple ways you can cut the bills and save up to £900 in the process.
1. CHANGE THE WAY YOU PAY
By switching to direct debits for payments for everything from gas bills to magazine subscriptions you could save £226 a year, says Bacs, as companies offer discounts to direct debit customers.
You'll also avoid the risk of late penalties if you forget to pay.
2. SWITCH ENERGY PROVIDER
By shopping around and moving to the best energy deal you could save £282 a year, according to moneysupermarket.com.
3. GET A NEW BROADBAND DEAL
Take a few moments to check out the best broadband offers in your area. By changing providers you could save £350 a year, according to figures from broadbandchoices.co.uk.
Created in 1968, BACS is a not-for-profit industry body, owned by 16 of the leading banks and building societies in the UK and Europe. All direct debits, standing orders, credit card payments, personal loans and the vast majority of salary cheques are processed through BACS. In 2010, 5.7 billion UK payments with a total value of £4.06 trillion were processed through the system.