Prepare for the unexpected
(PRWEB UK) 13 October 2012
In light of this research, here's how young people can make savings:
- Make the most of student benefits. Student cards allow those in higher education to make savings not only in shops, but also many restaurants and cinemas too, as well as considerable discounts on travel. Even if a student discount is not displayed, it’s still worth checking to see if it might be accepted.
- Make the most of second hand goods. Charity shops can be a great way to pick up a bargain without compromising your budget, as can eBay. eBay also gives users the opportunity to make money through selling unwanted goods, lending itself as a great place to offload old course books that aren’t needed anymore.
- Use vouchers and coupons. Whilst it might be seen as something reserved for the slightly older generation, money-off tokens can make a big difference on supermarket bills, an expense that many younger people won’t have adjusted to yet.
- For those not in fulltime education, but already working, start thinking about retirement funds as early as possible. If the company you work for offers a retirement plan, be quick to get involved. For those not as fortunate, think about directing a portion of your monthly wage towards a separate savings account.
- Prepare for the unexpected. In the unfortunate event that you lose your job or an unprecedented expense arises itself, it can be a great help to have an emergency fund. As with your retirement plan, the easiest way to set aside this money is to automatically direct some of your wages into a separate account.
Dosh Express is the Honest Lender, helping you get to payday. Based in Derby, in the Midlands, the company’s mission is to provide a great lending service to thousands of our happy customers and be a great place of employment for our staff. Please visit doshexpress.com to apply for a loan, and if you are approved cash is usually deposited in your account within minutes, subject to status. Dosh Express, the trading name of Dosh Express Limited, is a consumer lender offering short-term payday loans, is a member of the Consumer Credit Trade Association (CCTA), and is licenced and regulated by the Office of Fair Trading.