The Money Matters Group covers a variety of personal financial planning matters and we meet once a month at group members' homes. Main subjects for discussion are usually planned several months ahead but at each meeting we allow time for covering topical items such as newly launched savings accounts, insurance products or scams.
In the past year we have discussed topics such as wills, powers of attorney, high interest current accounts, travel insurance, smart meters and PCP car purchase. Financial matters can be rather dry and complicated but we operate in a very informal way swapping ideas and information. As a result we have increased our understanding of these subjects and have also managed to save each other very useful amounts of money on household bills or increase the returns on our savings! Between meetings we often circulate e mails around the group passing on tips about attractive new accounts we have discovered, or seeking advice on how we can obtain lower renewal rates on products like central heating cover, phone contracts and so on.
The Money Matters group supplies a news item for each Caterham U3A Newsletter on current scams which group members have come across.
For more information please send a message to the Groups Co-ordinator.