The Hidden Cash You're Missing Out On: Top 5 Money-Saving Tips

Discover the hidden cash you're missing out on and learn how to save money on fuel with our top 5 tips.
The Hidden Cash You're Missing Out On: Top 5 Money-Saving Tips

The Hidden Cash You’re Missing Out On

Are you one of the millions of people missing out on free cash? It’s a staggering thought, but according to recent reports, a whopping £23 billion in means-tested benefits and social tariffs is going unclaimed this financial year. That’s a staggering £5,772 per person, on average.

Calculate how much you could be owed

The experts at MoneySavingExpert.com have issued an urgent warning to anyone earning less than £60,000 - and it could take just 10 minutes to check if you’re missing out on cash. Households with lower incomes, up to roughly £35,000 a year, though if you’ve got kids, high childcare costs, and rent, it could be £60,000.

Get your finances in order

But it’s not just about the cash. By getting on Universal Credit, you might also qualify for additional help like free school meals or reduced utility bills. And with the cost of living on the rise, every little bit counts.

Stay ahead of the game

So, what can you do? First, check your eligibility. Not only could this result in extra cash, but it could also qualify you for various cost-of-living payments. Many charities provide benefit calculators to help you find out what you might be able to claim.

Get calculating

And if you’re struggling with rising fuel costs, don’t worry - we’ve got you covered. Here are the top 5 tips to save money on fuel:

  1. Check your tyre pressure: Maintaining the correct tyre pressure is essential for vehicle efficiency. Under-inflated tyres can lower mileage and increase fuel usage.
  2. Keep your windows closed if driving over 40mph: At higher speeds, keeping windows closed reduces aerodynamic drag.
  3. Turn off the air conditioning: Air can increase fuel consumption by using significant engine power.
  4. Avoid idling: An idling engine burns fuel without moving, which clearly wastes petrol and increases wear and tear on the engine.
  5. Remove unnecessary weight from your vehicle: Extra weight in a vehicle causes it to consume more fuel.

Drive smart, save money

So, what are you waiting for? Take control of your finances today and start claiming what’s rightfully yours.

Get your hands on the cash you deserve