The BBC’s personal finance reporter Kevin Peachey approached Young Money Blog, alongside other top British financial blogs, for some lockdown money tips.
Money tips can be really useful at the best of times – but they can be a real lifesaver during difficult times like there.
We all have our favourite money tips but right now, it’s important to be particularly aware of your consumer rights and your options when it comes to debt.
Here’s what I had to say…
Chase refunds for services you can’t use
The gym membership is even more idle than you during lockdown, as are subscriptions to restaurant clubs and many other services.
“Know your rights and stick up for them,” says Iona Bain, founder of the Young Money blog.
“Consumers who can no longer use products or services due to the lockdown are fully entitled to cash refunds – no ifs, no buts.”
The regulator, the Competition and Markets Authority, will take complaints if you are unsuccessful.
“Be polite, patient but persistent, but know that ultimately there’s a last resort that’s got your back,” she says.
She also suggests talking to your bank, insurers, utility companies, mobile network and landlord if you are struggling.
“Don’t bottle up your problems or cancel any payments without consultation, as this will do more harm than good.”