Shopping around and keeping an eye on finances can save you thousands

POOR financial management and paying too much for basic services are costing consumers thousands of euro every year, say the authors of a new book.

The Taxation Advice Bureau (TAB), a leading Dublin tax consultancy, said sticking to a budget and shopping around for the best deals were critical in managing money and getting good value. TAB launched its new book, the TAB Guide on Money, Pensions and Tax earlier this week.

Sandra Gannon, TAB managing director and co-author of the book, said customer inertia was a problem and many people failed to take time to search for better value credit cards, personal loans and mortgages.