Keep money in your banking account with better driving
Avoid the new fixed fees for poor driving and keep your money in your banking account.
08:03 11 June 2013
Poor driving could potentially have a greater impact on your banking account than it previously did. Offences such as tailgating, hogging the middle lane, and even using mobile phones while driving could all be subject to fixed fines.
Some fines may be around £100 depending on the offence. If your banking account is already a little bit tight, it looks as though you will want to do everything you can to hold onto those funds, including the use of good driving habits.
Here are a few other ways to make sure your money stays in your banking account.
- When shopping, set yourself a particular limit to spend from your banking account. If you know that you are susceptible to last-minute purchases, or are easily influenced by friends and relatives when shopping, consider leaving the credit card at home and taking cash out of your banking account instead. If you do this, you will make sure you do not accidentally overspend, or worse yet have to put items back and suffer embarrassment.
- Set guidelines for your banking account and the types of scenarios that you could allow yourself to use the funds. You might consider establishing a waiting time period before you make extra purchase besides traditional monthly expenses. After a few days of a waiting period, you will have time to think about the purchase and whether or not it is really worth taking the money out of your banking account.
- Avoid silly mistakes that can often drain money out of your banking account because of inattentiveness or distraction. If you need to create reminders so you do not get late fees, then definitely set those up. Also using automatic payments can be helpful as long as your remember to deduct the amounts from your register so you know what you have in your banking account at any given time.