Today on the show, we’re talking about your Bill Free Day and how to make it happen earlier in the year.
I’m joined by personal finance broadcaster Georgie Frost who shares a few tips.
If you ever feel like you’re spending too much money on household bills, and not enough on fun or the future, then this episode is for you.
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Personal finance news
-Wages have fallen in real terms by 0.4% in the year to April. According to new figures from the Office for National Statistics, it represents the first fall in real wages in three years.
-The European Central Bank has voted to keep interest rates on hold but will scale back its asset purchase programme. The amount of assets it buys will be cut from €60bn a month to €30bn a month from January.
-Credit card interest rates have reached a ten year high, according to new research from Moneyfacts. The rise in interest rates charged on credit card debt comes despite record low interest rates.
-People are failing to report suspected investment scams, according to new research commissioned by the Financial Conduct Authority. More than one if five people approached by fraudsters failed to report it.
-Credit reference agency Equifax will be investigated by the Financial Conduct Authority following its large data loss earlier in the year. Responding to news of the investigation, Equifax said it welcomed the opportunity to “learn the lessons from this criminal cyber-attack”.
Useful links
-Go Compare Bill-Free Day calculator
-PFS Festival Radio
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