It`s been discovered that Britons` disposable income has stopped falling, but there are ways that you can increase it without resorting to high cost payday lenders.
The Asda Income Tracker indicated that spending power was flat in October at £158 – the same level as 2012 and finally static after falling for the previous three months. However, that was more down to inflation decreasing rather than us getting paid more.
In fact, the tracker also showed that year-on-year income growth was only 1.9 per cent last month – the lowest level since March 2012.
With Christmas around the corner, most people want to splurge on their loved ones and you could get a bit of extra cash in your pocket each month by looking into remortgaging your property to release some capital and find a better rate. This way, you could reduce your monthly outgoings and raise some funds to spend as you wish.
We have in house mortgage advisers and have been established for 25 years so to find out what we can do for your cashflow visit firstchoicefinance.co.uk or by calling us on 0800 298 3000 or 0333 003 1505.
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