Thursday, 22 November 2007

From Simonne: Statement sleuth

Know that thrill of finding money down the back of the sofa, or a tenner in a pocket of an old jacket? Scrutinising your own bank statement each month can be just as fruitful! AND it only takes five minutes. You might even discover enough money to pay off your credit card debt.
This is what happened to two of my clients recently. They hadn’t checked their statements in years, but when they did, they each noticed that two direct debits were going out to a utility provider each month, instead of one. Following this up, they were amazed by how much they’d overpaid. One of them got £600 back, and the other received £1,300.
So next time a statement drops through the letterbox, have a good look at it before you file it away – you never know what you might find.
Simonne, Wise Monkey Financial Coaching.

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