Financial Health

Watch this space for lots of useful tips for making the most of your money. If you have any suggestions for topics you’d like us to cover, please contact us at



The first step to saving money is to figure out how much you are spending each month. Keep track of all your expenses – from online shopping and groceries to essential bills.

It can be easy to miss direct debits that you have forgotten to cancel. A quick browse through your bank statement each month could provide huge savings for you.

Don’t be duped by discounts. Special offers like buy-one-get-one-free can offer good value but try to only buy items you need and are likely to keep and use.

Don’t dismiss supermarket own brands. Basic and budget ranges can offer significant savings and don’t always mean compromising on taste.

Some car insurers are offering refunds to customers after coronavirus has impacted their driving habits.

Even if your insurer isn’t offering refunds it’s worth talking through your reduced mileage with them to get a cheaper premium.

Did you know that reducing your heating by just 1°C could cut your heating bills by almost 10%?

A central heating timer can help put you in control of your bills and reduce spend and fuel consumption.

Sign up for loyalty cards to transform your spending into savings. You can convert loyalty points to money off vouchers in most supermarkets and retailers.

It’s worth reviewing your mobile phone plan to make sure it matches your usage. You could make big savings by switching provider or plan.

You can make big savings by planning your expenses in advance. Expenses like car insurance premiums and line rental can be much cheaper if you pay annually rather than monthly.

Markdowns on perishables at the end of the shopping day are a great way to bag a saving. Just make sure you use whatever you buy on the day.

If you’ve moved jobs and lost track of your pension savings can help track down your pension.

Just 15 minutes spent on a comparison site like can help you significantly reduce your household bills.

Quidco and TopCashback offer money back offers with thousands of retailers when you shop online. Same shopping experience, but you get some money back when you spend.

South Tees Community Bank

South Tees Community Bank and Moneywise Credit Union Ltd merged into one business in December 2017. Moneywise is the regulated name and South Tees Community Bank is a trading name of the merged organisation.

0330 165 5337
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© Moneywise Credit Union Ltd 2018

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