UK Money News

3rd July 2008
The Cheshire advises on financial fitness
The Cheshire Building Society has issued tips to help consumers get 'financially fit' for the current economic slowdown.
According to the lender the cost of living, rising debts and the all too familiar credit crunch means that is of paramount importance that Britons ensure they are in the best financial shape possible and to this end it has published easy to follow advice.
The recommendations included being careful with electricity and gas usage and shopping around for a cheaper energy deal if possible.
Also recommended is devising a realistic budget and sticking to it and contacting your mortgage lender if you are concerned that you may miss a repayment.
A statement from the Cheshire said: "Many people are spending more than they earn and this is a signal for a dark financial cloud.
"If you have traditionally been a spender, it is never too late to change your ways by becoming a saver."
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