News

27/01/2012 12:44:19

Making savings 'more important than ever'

Making savings wherever possible is "more important than ever", according to a money-saving website.

USwitch.com says that customers struggling to clear their debts left over from Christmas should look to take advantage of credit card deals with long zero per cent balance transfer periods and competitive savings rates for current accounts.

The website says that 2012 is set to be another difficult year for consumers and is advising people to seek out the best offers they can in all areas of household finance.

Michael Ossei, personal finance expert at uSwitch.com, says: "Now is the time to act to get some of the most competitive deals.

"In the current climate making the most of your money is more important than ever."

New figures from Legal & General reveal that 69 per cent of people are looking to save money this year as households continue to feel the pinch of the financial crisis.