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How to Live Below Your Means

25th October 2024

Living below your means is not simply about reducing your spending. It is also about securing your future. A sudden loss of a job, a big household bill or another unexpected expense can happen when you least expect it. If you are not financially prepared, any of these events can cause you extra money worries.

Living below your means can help you save money and create a buffer for when financial turbulence hits your budget.

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WARNING: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

How much would you like to borrow:

£200
£750
How long would you like it for?
3 months
6 months

Your monthly repayments are:

1
£
2
£
3
£
4
£
5
£
6
£
Total amount to be repaid:
£  
Annual percentage rate:
  % APR

Representative Example: £200 loan for 6 months at a fixed interest rate of 290% pa. Total amount payable is £355.99 in monthly instalments of £65.11, £78.35, £64.05, £58.76, £48.16 and £41.56. This is based on the amount of credit plus interest, no other fees apply. Representative 1266.2% APR


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