That’s according to online bank thinkmoney, which worked out it takes just 53 minutes, 22 seconds to complete six money-saving swaps saving a total of £1,418.
And that’s money that could be used for a lot more than just a holiday, too.
Jonny Sabinsky, head of communications at thinkmoney, said: “The last six months or so came completely out of the blue, and have been extremely tough for the majority of people from a financial perspective.
“It’s sad to see how many people have been forced to dip into their hard-earned savings.
“Hopefully, our money saving tips can help those affected save a little extra by changing a few small things.”
Six switches to save you £1,418 in under an hour
- Switch to a cheaper mobile phone contract – 06:01mins – £100
- Switch to a more cost-effective energy supplier – 06:52mins – £310
- Apply and accept a cheaper car insurance quote – 07:20mins – £507
- Sign up for supermarket loyalty cards (eg Tesco, Morrison’s, Sainsburys, M&S) – 10:21mins – £400
- Open a new bank account – 10mins – £32
- Switch to a more budget-friendly broadband provider – 12:48mins – £69
Total – 53:22minutes – £1,418