Payments Professor Terry is an expert on anything and everything to do with Direct Debit! Terry finds it the smarter way to pay as he knows it can save around £230 a year on his household bills. He's even worked out that paying bills by Direct Debit gives him up to seven extra hours a year to do the things he enjoys in life. Well, we did warn you he was a bit of a Professor!
One of the first things Terry and Sal did as a couple was set up a joint bank account. With Terry’s expertise in all things Payments, he knew that it would be easy to switch accounts and transfer his existing Direct Debits to the Smarts’ new bank with no hassle. Visit our account switching section to learn more.
Unfortunately money can be a major cause of disagreements between couples and one of the best ways to take the stress out of day to day finances is by setting up a joint account for regular household bills. Agree how much you will pay in, based on how much each of you earns. Set up Direct Debits for all your regular household expenses, to avoid any debates about who should have paid a red reminder.
Find out how Terry and Sal settle their bills by choosing from the list on the left.
To find out more about managing your finances why not try Kim's budget calculator in 'Living on a budget'?
