It is much more difficult to know where our hard-earned money goes today than it used to be.   Paperless bankand credit card accounts mean that there is no regular prompt to reduce our spending.  Banking apps are useful but you have to remember to check them and not on public wi-fi.The cost of living crisis has affected most of us and the New Year provides a breathing space for us to check that we are not wasting any money.  Energy companies are hoarding £2 billion of our money that they have overcharged when they calculated our direct debits.   Ofgem, the energy regulator, wants them to mend their ways, but really it is down to us to sort it out.  Many customers are thousands of pounds in credit but their energy companies are putting up their monthly payments.  Time to call them out. It may take time as their call centres are not properly staffed.It might also be time to find out if you can get cheaper credit card rates as the average interest charge is at an all time high. Too  many desperate workers have cut their pension payments.   Now they need to find out if there are other ways to save money so they can restore the pension payments or face a  frugal old age.But your luck might be in. If you have ever owned Premium Bonds but did not tell National Savings and Investments when you moved there is a chance that you might have a claim for some of the £80 million in unclaimed prizes.  If not, you may decide that cashing in the bonds you have forgotten about will be win for your finances.From Passion to Purpose"From Passion to Purpose" is a podcast that explores the world of nonprofit...Listen on: Apple Podcasts   SpotifyPlease send ideas questions, tips and warnings about rip-offs to Mrs Mean through the contact page on her website: mrsmeanmoneyshow.co.uk or to [email protected] Hosted on Acast. See acast.com/privacy for more information.

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