Managing Credit in Times of Inflation

Posted By: Bluestone Credit Management

Posted: 04^th April 2022

With money being squeezed, here are some approaches to be considered to try and ease the burden, we hope they help;

• Treat every penny as a prisoner – interrogate all you expenditure checking bank and credit card statements;
• Check your direct debits and standing orders – do you still want the items you pay for?
• Create a budget planner – the Money Saving Expert Tool is a great independent starting point;
• Challenge any major purchases or projects;
• Consider downsizing items such as a second car you may have
• Recognise that there can often be a difference between what you want and what you need

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