United Kingdom

Bedfordshire | Hertfordshire

01582 666 877

Get in touch with us

Mon - Fri: 10:00 - 16:00

Opening Hours

How To Spring Clean your Finances

Get your accounts looking squeaky clean with our top tips and you’ll be ready for summer in no time!

There’s nothing better than that nice, fresh feeling after you’ve done all your Spring Cleaning. If you’ve already started, then you know just how important it is to declutter, so why not try the same with your finances?

Get your accounts looking squeaky clean with our top tips and you’ll be ready for summer in no time!

1. Throw away bad spending habits

With prices increasing everywhere, it’s very easy to stray from your budget and overspend without realising. One of the best ways to track this is to take your bank statements and highlight any expenses that you encountered, splitting them into ones that were necessary – such as groceries or bills – compared to expenses that may have been less essential, such as new clothes and dinners out. It’s important not to be too judgmental toward yourself and realise that spending on things that make you happy is just as much of a necessity. The aim of the exercise is just to highlight your habits, understand where your money is going, and see if you can make any improvements for the next month!

2. Spruce up your savings:

Now that you have a better understanding of where your money is going, you can take a look at some of those expenses and see if there are any savings you could be making. Here are a few things to look out for:

Get your accounts looking squeaky clean with our top tips and you’ll be ready for summer in no time!

3. Declutter those direct debits:

Direct debits can build up to take a chunk out of your salary, and by looking at your habits, you’ll be able to see just how much! Make sure that you’re only paying for services that you actually need or use regularly. If you notice that your entertainment expenses are piling up, see if you can split the costs. Netflix, Spotify, Amazon Prime and many others offer shared accounts which means more savings for you and your loved ones!

4. Dust away those credit cards repayments:

If you’ve built up debt with different credit providers, it’s really important to stay on top of your monthly repayments to avoid any extra penalties for late payments. We understand that balancing it all can be stressful, which is why we’re always here to help!. If you’re struggling, consolidating your debts into one manageable monthly payment can help your finances in the long-run whilst protecting your credit score. At Money Matters Community Bank, we understand that times can get tough. That’s why we offer a range of loans to suit your needs, alongside a personalised service to answer any questions that you might have. We’re not-for-profit, and exist to support you! If you’re interested in consolidating your debts, start your application today, or visit our website for more information!