When it comes to cleaning your home, and getting yourself organised, Spring is the season. However, when it comes to money, you may find that Winter is the ideal time.
Winter signals the arrival of Christmas, one of the most expensive times of the year. So, it makes sense that you will want to make sure that your finances are all in order.
We have put together some top tips to help give your finances a Winter MOT. Ready to treat those you love come the festive season.
Take out emergency home insurance cover
Many of us will have taken out home insurance to protect the contents of our home, as well as the contents that are within it. During the winter, there is a greater chance that your home will need a repair, which can be costly.
Emergency home insurance is a great way to cover against those high costs emergency bills that can crop up during the winter months.
The majority of providers will cover bills that cost more than £50 and are available 24/7 for you to speak to. They will be able to send out an expert in electric, gas, plumbing or drainage issues, fixing it for you with minimal hassle.
Check over your heating system and boiler
Imagine how terrible it would be if your heating or hot water stopped working during the cold winter months.
If it is near to Christmas it can be incredibly tricky to find someone to come out and fix your issue. Not to mention incredibly expensive to find someone who can help.
This means that it may just be a great idea to have your system checked over before the festive season kicks in. You can ask an expert plumber or heating engineer to visit your property and give your system the once over. This means that you can not only have peace of mind that all is well, but also help you to avoid the high cost replacement or repair of your boiler.
Make sure you have the right credit card or current account
It is thought that a third of people will use their credit card in order to pay for Christmas. Whilst this isn’t a terrible idea, it does mean that you need to be careful that you have the right credit card. There are cards out there that give you cashback on all your purchases, as well as those that give you a 0% offer on all your spending.
There are a variety of lenders out there that you can choose from, including American Express and Aqua.
Some credit cards are linked to your current account. This means that it may also be worthwhile looking at whether your current bank is giving you access to the best deals.
Give your car the once over
There is a good chance that you will be using your car much more during the winter months. This is especially true as we approach Christmas and you head out to visit family and friends.
This means that you should make sure that your car is in good condition.
There are a number of basic checks that you can perform to reduce your risk of a winter breakdown. These can be done at home, or if you don’t know your way around underneath the bonnet then you can take it to a garage who will check it over for you.
The key areas to check are:
- The battery, especially if it is more than 5 years old.
- The tyres, these should have at least 3mm of tread to be able to perform in winter conditions
- The antifreeze, this is important to ensure that your car doesn’t freeze up.
You should always try to make sure that your car is topped up with at least a quarter of a tank at all times, as you never know when you may get stuck.
Save for Christmas
You may only have a few weeks to go, but that doesn’t mean that you can’t still think about putting money away for Christmas.
Grab yourself a pot and aim to pop £20 every week in there. This will give you some emergency cash for those last minute presents, or simply allow you to splash out on something really tasty to enjoy over the festive period.
If you want to think about long term saving, then we highly recommend putting a direct debit on your account. This can transfer a set amount every month into your savings account, ready to spend out when the next Christmas arrives.
So, now you know some of the most important things to check over, or put in place during the winter months. Make sure that everything is up to scratch, that you have your finances in order and you will be sure to have a very merry Christmas.