Many of us make New Year resolutions, but how many of those are about our finances? 2020 was a tough year for large numbers of people, and we aren’t out of the woods yet, but knowing you have taken all the right steps will give you some peace of mind.
Invariably we could all spend less and save more and a little focus rarely goes amiss.
With that in mind here’s a list of 10 steps you can take to get yourself financially fitter in 2020.
Given all that has happened over the past year we’re all pretty switched on to movements in exchange rates these days and we look to move our money when it is beneficial. Despite this far too many people are using their online banking system for transfers but this is rarely the best option as not only is there usually a fee, the exchange rates are rarely competitive. If you want to save money on your currency transfers read on.
With Sterling being relatively weak compared to the US Dollar, the currency to which most GCC currencies are pegged, it is still a good time to move your Dirhams, Riyals or Dinars to Sterling although there have been suggestions that we may see some movement the other way before too long.
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