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how to survive the currency crunch

Published: 22/12/2008

Sundayherald.com

The pound is plunging – and that’s bad news for holidaymakers, anyone who has bought a foreign property with a euro mortgage and people who have retired abroad.

If you don’t have any debt from last year, why not start saving now for Christmas 2009? If you can make a regular monthly saving, you can earn fixed interest of 6%. Andrew Hagger of Moneynet.co.uk says: ‘By kicking off your savings plan now and putting away just £50 a month, you’ll be really glad that you took such sensible and decisive action in 12 months’ time when you’ve accumulated a £600 plus Christmas spending pot.’

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Last Updated: 08-02-2012