Thursday 6 November 2008

credit crunch and christmas

Today's interest rate cut should help us all in one way or another if only the mortgage companies and credit card companies will follow the lead of the Bank of England! Oh well. Perhaps we shouldn't hold our breath!


Of course, if you've got savings or shares today's news will do you no good at all!

As we all look for ways to save money my clients are finding their pockets are getting heavier with the tinkling of change as they stop buying bars of chocolate and packets of crisps - not to mention the savings from stopping smoking!

I don't hold with the idea that we should all give up our cappuccinos to save a couple of pounds a day. I don't know about you but I think I deserve my cappuccino when I'm having a busy day! Of course, I do encourage everyone to make their own lunch but not to save money - to make sure what they eat is healthy and low in sugar and salt!

Money isn't a good reason for stopping anything - but it is a good reason for staying stopped as you get to spend the money on something else! So my advice is if you do decide to stop smoking then spend the first £25 you save on something nice for yourself maybe a new piece of clothing or a nice meal out. Then spend the next £100 on something really nice. Then spend the next £200 on something really nice. This way you give your "unconconscious mind" the message that spending the money this way is MUCH better than spending it on dirty, smelly, dangerous cigarettes!

The same goes for cutting out those unecessary snacks. Just one bar of chocolate and one bag of crisps a day can add up to £1 or more. What could you buy with that £30 at the end of the month?

If you are going to be buying presents for Christmas and are looking for a bargain take a look at this website for discounts and commission. Look at the top right hand corner to see how you can have your own website - and pass it on to all of your friends. www.ei42.com/juliewoodcock