Cash-saving and 'understanding where money goes'

26 October 2009 — 9:59 AM

Could recycling save you some cash?

Recycling mobile phones may be an option some are more likely to consider following the comments of one expert.

A spokesman for one consumer watchdog has explained that in the current economic climate, many people are operating more carefully when it comes to how they spend their money.

In news that might inspire those considering mobile recycling, the Which? representative said energy prices could continue to rise and for that reason, frugality is important to consumers.

"Understanding where your money is going will help people reduce their consumption, which will obviously help them keep their bills down," he added.

The spokesman also called for organisations to make billing processes more effective in the way they inform people about what they owe.

A recent report from the Citizens Advice Bureau suggested the number of people seeking advice having incurred large fuel debts is up by 46 per cent for the first half of the financial year on the same period from 2008.

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