Virtual Savings Jar
Our virtual savings tool enables managing large annual and quarterly bills simple, creating a debt free style of living, where large bills used to be a permanent shock to the monthly budgets.
It works by helping you set a minimum amount aside each month to cover future bills. This gives a piece of mind that when bills turn up, even large ones, you can pay them without thought.
You can even ‘absorb’ financial shocks, such as bills appearing out of the blue, emergencies, or just something you’ve had you’re eye on, yet would be willing to pay that extra bit back over the forthcoming months. This tool will help you remain in credit, or at the very least minimise your debt, so long as you keep payments, and these situations aren’t too common.
Low on cash as you pay off big bills?
Our tools can prevent you from using your overdraft or credit card when you are a bit short on the month. Register as a Beta tester
Minimising Debt
Credit Cards hitting their limit? Consolidate your debt and save tons of money!
Paying interest on your credit card each month? Trying to gradually reduce it? If yes then you are loosing valuable money on paying interest which could have a far greater effect in helping reduce your debt. It's all too tempting sometimes to just ignore and hope it goes away in a few months, or are scared of knowing discovering how much you owe - but the truth is, once you do, you can start to deal with it.
If you have greater then 1k on your cards, you should make a note of all the money you owe, and take out a small loan to cover it all. Doing so makes repayments an easy monthly figure over a time set you can afford. It's relatively straight forward to do, and the benefits are instant, so there should be no excuses for delay.
Don't stop here though. If you get into this situation, chances are you can easily get back into it again if you're not careful. We recommend using our tools (all completely free!) to help keep track of when large payments are due, and ensuring you have enough money to pay them.