Bills to rise £400 for millions on Thursday – how to prepare now

Bills just seem to continue to rise and rise. No matter where you are in the world, taxes and certain dues are unavoidable. It is better to prepare for changes within the system now then be surprised when the bill actually does rise. This helps with budgeting and with people falling into financial traps where they cannot seem to get out. Overall, this rise in the bill is coming very soon, on Thursday, and people need to prepare.

Key Takeaways:

  • As an adult, it is essential that you are prepared for things such as bills and dues you owe.
  • Preparing for an increase in bills is smart as you should always have an emergency fund.
  • Millions will be affected by this great rise in the bills. It is smart to speak a financial advisor about it.

““Mortgage lenders are usually quick to pass on any increase in base rate so if you are on your lender’s standard variable rate, a discounted-variable rate or base-rate tracker, then you will see an increase in your monthly mortgage payments,” warned Mark Harris of mortgage broker SPF Private Clients.”

Read more: https://www.mirror.co.uk/money/bills-rise-400-millions-thursday-13005116