Free sailing, MOT for £10, 70% off designer sandals, discount pizza, best five-year mortgage.
Family finance tips whatever your budget
6 May 2019 www.skintedmintedmum.co.uk
THINGS TO DO THIS WEEK:
Plan for half-term. The midway break is only three weeks away! Booking travel in advance is often cheaper and you’ll secure tickets to venues or events which may otherwise sell out.
Renew your EHIC card. The European Health Insurance Card allows you to get free or cheap emergency public healthcare in various European countries. It's valid until the UK leaves the EU which (presumably, but who knows?) is 31 October. Worth having then for the summer holidays if it needs updating. See Jane’s blog on how to renew your EHIC.
Put your shares in an Isa. You may well notice, when you come to fill in your tax return for 2018 to 2019, that the amount you can receive in dividends before getting taxed has dropped from £5,000 to £2,000. If you haven’t already, shove any existing shares into an Isa this year to avoid the new tax trap.
Five year fixed rate mortgage at 1.89% from Santander. WE LIKE: This is the only sub-2% five year fixed rate deal, says Moneyfacts (the rate is actually fixed until 2 August 2024). Free valuation worth up to £1,190 and £250 cashback. Five years looks like a good time to fix a mortgage for, given that is seems likely base rate will rise over that time. And you can make overpayments. WE DON’T LIKE: You need a deposit of at least 25% and there is a £999 arrangement fee. If you change your mind during the fixed rate period, it will cost to get out.
DEALS OF THE WEEK:
Toot toot! Get an MOT for just £10 at Halfords when you spend anything in the shop - even if it only costs pence.
Stock up on nappies and other basics with the Baby Event at Asda. Bet Megs and Harry will be down their local branch...
All aboard for free or cheap sailing and windsurfing taster sessions with the Royal Yachting Association in May. More than 390 venues nationwide are taking place in the Push The Boat Out programme which is aimed at families. No experience required: places are limited so make sure to book in advance.
WORTH A LOOK:
Summer shopping steal! Impress on the beach with a half-price Kenzo or Calvin Klein beach towel (now £35 to £40 down from £75 to £90) at Brand Alley. While you’re there, check out the sandal sale which has up to 70% off Chloe, Michael Kors, Dune and more.
There’s a huge swimwear sale at Sports Direct with 80% off until 12 May. Check out the other deals on all sorts of athleisure gear too, including 80% off snow sports kit. Handy if you wrecked the salopettes on the slopes over Easter or are forward-shopping for Christmas.
SKINTED MINTED MUM NEWS:
We’re very sorry to let you know that Skinted Minted Mum will be closing from 14 June as we have decided to pursue other (more financially remunerative!) projects. Thank you for all your support: it’s been a lot of fun and we’ve learned loads. Please direct any enquiries to email@example.com.
One in ten free ATMs could disappear within months, says Which? In the first three months of the year, fees of between 95p and £1.99 were imposed on withdrawals, the consumer group said. Almost 3,000 cash machines were withdrawn in the last six months of 2018, half of which were free to use.
In more cash news, the future of one and two pence coins has been secured for the moment: there was talk that coppers could be ditched as many people (crazy, obviously) throw them away.
Finally, a couple of measures could help cut bank fraud. Santander telephone banking customers can now use their voice to verify their identity rather than a security number. HSBC already has similar technology and says it has saved £300 million in fraud so far. Alternatively, old technology is gaining popularity with postal accounts back in favour in a bid to thwart scammers. The best deals around include Charter Bank with 1.9% for a one year fix or 1.95% for 18 months and Close Brothers with 1.96% for a year.
HAVE YOUR SAY ...
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Save money on expensive revision guides by writing quotes or formulas on Post-It notes and super-gluing them to your teenager’s phone, X-box or bathroom mirror. By the time they’ve peeled them off, the information will be thoroughly memorised.
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