Ways to save money

This is definitely a consumer issue. Here is a list worth sharing of ways to save money, compiled by Which? magazine:

Price-comparison websites: If you are planning to buy items like digital cameras or televisions, use price comparison websites to shop around. A bit of checking means you will pay less.

Energy labels: Make sure you read the energy labels on domestic appliances, as the wrong product will cost you extra money in running costs. An A-rated washer-drier costs less in electricity and you would be helping the environment too.

Car insurance renewal: Don't just accept your renewal quote. You can save money by shopping around, and if you are not satisfied you can switch it accordingly.

Turn down the thermostat: Knocking one degree off your thermostat can cut heating bills by 10 per cent.

Tyre pressure: Having the right tyre pressure would mean that you can save money on petrol. If your car has under-inflated tyres you end up spending more on petrol. Check your tyre pressure regularly.

Use low-energy light bulbs: They are kinder to the environment and you will save money.

Time your buying: Buy audio-visual products in spring or early summer when lines are finishing. You could save 10 per cent.

Turn appliances off when not in use: Regarding electrical appliances, turning them off rather than leaving them on standby really does save money on your electricity bills.

If there are any consumers who can share some more ideas with fellow consumers, they are welcome.