A Guide to Savings Newport

Whatever you are saving for, be it a mortgage deposit, a holiday or even your wedding, it doesn’t have to be difficult to set a little extra aside each month. Be thrifty and frugal, and as my nanna would often say “Look after the Pennies and the Pounds will look after themselves!”


1. Local Companies

Kymin Financial Services
0163 384 0000
35 Bridge Street
Newport
Shopacheck Financial Services
029 2061 9310
19 Whitchurch Road
Cardiff
Binary Financial
029 2046 2932
9Richmond Road
Cardiff
Cathedral Financial Services
029 2056 8111
306 Western Avenue
Cardiff
ING Direct
0292 035 8500
2 Callaghan Square
Cardiff
London Scottish Finance
0163 382 1507
17 Malpas Rd
Newport
moneywales.com
07896788586
27 woolpitch
cwmbran
Act Financial Services
029 2039 5056
36 Monthermer Road
Cardiff
Scorpio Financial Services
029 2038 3858
32 Canton Court
Cardiff
Suzki Financial Services
0870 240 8189
St.William House
Cardiff

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2. Health and Savings

In these days of rising costs and expanding waistlines, the old standby brown bag lunch can be a handy answer to both problems.

“The person planning the lunch controls the cost,” Poplar Grove-based registered dietitian Betsy Hornick said. “When you look at what you would be spending going out and picking up a sandwich or a salad at lunch as opposed to the cost of a loaf of bread, a bag of salad greens, or even a convenience item like cooked strips of chicken for the salad, you can put your own lunch together for a much lower cost.

“Then, there is the benefit that you have control over how many servings you are having and things such as what kind of salad dressing is being used.”

Hornick, who also is a spokeswoman for the Illinois Dietetic Association, said the idea is to remember to include a mix of protein, carbohydrates and some fat. Carbohydrates are the body’s first choice for producing energy and, Hornick said, protein and fat take longer to digest than carbohydrates so they give a longer feeling of satisfaction.

“There is certainly value to trying to have a mixed meal and not just a big bowl of pasta,” Hornick said. “If you eat a heavy carbohydrate lunch, you’re going to feel it at some point and have that mid-afternoon slump.”

For that brown bag staple, the sandwich, Hornick suggests sticking to whole-grain breads at least half the time, although whole-grain products provide more fiber and nutrients than breads made from processed white flour.

“I would much rather see people stick to the (Food Pyramid) guideline that at least half your servings should be whole grain,” she said. “But there is nothing wrong with making them all whole grain.

“Look at the ingredients list because sometimes, a bread will say it’s multigrain. If you see 100 percent whole-wheat or whole-wheat flour as the first ingredient, that is your indication that it is truly a whole-grain product. The farther down on the ingredient list it is, the less there is in the product.”

Hornick, who packs school lunches for two preteens daily, said most of the same rules apply for kids as for adults.

I think about trying to get a mix of the primary nutrients that they need,” she said, “and you can use whole-grain breads, pita or tortillas.

“Kids tend to like sandwiches, so I stick to the sandwiches they like and that’s pretty much peanut butter and jelly. There’s nothing wrong with that because they’re getting the protein from the peanut butter and I will use low sugar or 100 percent fruit spread with it. To mix it up, I’ll give them turkey or lean ham.”

Hornick said working fruits and vegetables into a kid’s brown bag lunch can be a bit tricky, so convenience is a key.

“I find that kids nowadays don’t have very much time for lunch,” Hornick said, “but carrot sticks or celery sticks are something easy and quick. Whatever you pack needs to be easy to eat so I will include apples slices just for the ease of eating and grapes are really easy. Sometimes, I’ll include applesauce in a little container.”

Hornick suggests that being overly frugal or calorie-conscious by skipping lunch is the wrong strategy.

“If you tend to skip any meal, it really is hard to meet all of your nutrient needs over the course of the day,” she said. “If you skip lunch or eat a really light lunch, you’re probably going to be really hungry by the time you eat dinner and you’ll wind up eating more than if you had eaten a healthy, balanced lunch. It can backfire on you.”

Mike DeDoncker can be reached at (815) 987-1382 or mdedoncker@rrstar.com.

author: Mike DeDoncker

3. A Guide to Making Savings

A guide to making savings

Author: Matt Coughlan

Whatever you are saving for, be it a mortgage deposit, a holiday or even your wedding, it doesn’t have to be difficult to set a little extra aside each month. Be thrifty and frugal, and as my nanna would often say “Look after the Pennies and the Pounds will look after themselves!”

There is one area to cover before we delve in, and that is if you have any credit cards or outstanding loans, these must be paid off before you consider putting money into a savings account. The only exceptions to this are Mortgages and Student Loans, but in all other cases the interest charges on your debt will always outweigh the interest earned on your savings.

The first step for any saver should involve working through your bank statements to get an idea of your household’s total monthly income, and then compare this figure against your total monthly outgoings. You may need to think about this carefully, and again by having the past couple of month’s bank statements to hand this will prove to be a much easier task. Look out for things the obvious things like utility bills and rent/mortgage payments, and things you may not give much thought such as Insurance policies and breakdown cover or mobile phone contracts and subscriptions like your TV license & gym membership. Crossing items off your bank statements as you go will help reveal hidden expenditure.

If you have a target of how much you need to save, then it should be easy to identify what needs to go. Sky TV, fully fledged mobile phone contracts and gym membership are all luxury items. For example, these could be replaced with Freesat, a basic phone contract or pay as you go mobile and jogging/cycling instead of the gym. Cycling could also replace your daily commute whilst has multiple benefits. You’ll save on fuel and vehicle maintenance, and you’ll be freeing up more spare time as you’ll be getting your workout during the commute.

Finally, make sure you are receiving all of the benefits and tax credits you are entitled to. The government readily takes cash straight out of your pay packet, so do everything you can to get some of it back! Perhaps the most important note in this article is that you ensure you are taking advantage of the annual £3600 ISA allowance before you go looking for a standard savings account. With an ISA at the same interest rate, a basic rate taxpayer will earn 25% more interest, whilst a higher rate taxpayer earns 66% more! With interest rates being at an all time low this really is a must.

You should always compare savings accounts to ensure you are getting the most from your hard earned savings , and be sure to check your eligibility for an ISA

.

About the Author:

Article Source: http://www.articlesbase.com/wealth-building-articles/a-guide-to-making-savings-953784.html

4. Featured Local Company

London Scottish Finance

0163 382 1507
17 Malpas Rd
Newport
http://www.london-scottish.com/index.htm

London Scottish Bank is a specialist financial services company which has been established for over a century. The Group operates in a range of markets, specialising in debt purchase, debt collection and unsecured lending.

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