There are many things that households can do to beat the credit crunch. Let’s look a few of them.

One woman, English teacher Kath Kelly (admittedly after a drunken bet) lived off just £1 a day for an entire year! She collected dropped change on the street, gave up her mobile phone and went to open lectures at Bristol University and ate the free buffets. She went into grocers and butchers at the close of business and picked up cheap food and shopped at jumble sales. Not only that, but she managed to hitch hike to her brothers house in France for a holiday in the middle of it all! She has a book out called “How I lived on just a pound a day”, published by Redcliffe at £6.99….or one week’s income.

Use cash back sites

Many sites will allow you to claim back some of the commission they receive. These are referred to as cashback sites. Some of the savings can be substantial so if you are making any online purchases, check with them first to see if you can get a better deal. Just Google UK cash back sites for a wide choice.

Drive a hybrid

We all have to make journeys of some description so how about turning in that expensive car for a nice economical hybrid? The cost of a hybrid will soon be offset by the substantially lower running costs, including reduced road tax!

Use a fuel search website

Search http://www.petrolprices.com/ any time you need to fill up and arrange a journey to get you close to the petrol station in question. Don’t under estimate the amount of money you can save over a year by using this type of website.

Get a cash back credit card

With Christmas coming, why not get a credit card that offers cashback? There are plenty of them about and they only need a little research. Some pay as much as 5% cashback and at Christmas when you could spend thousands, why not get the cashback and give yourself a nice little.

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Tags: Cash Back, Christmas Spending, Credit Crunch, Fuel, Fuel Costs, Hybrid, Kath Kelly, Petrol, Road Tax, UK Credit Cards