The UK’s largest loyalty programme, Nectar, has launched its annual money-saving advice competition, Savvy Family, to encourage the nation to act smarter when it comes to spending and saving. First established in 2009 in response to the UK’s economic downturn, Savvy Family has captured consumer imagination and established loyal followers with thousands of clever and unusual money-saving hints and tips being offered and shared. Now in its fourth year, the Savvy Family competition is set to grow in 2012 as families seek out new ways to make savings as the recession continues to take a grip and impact increasingly on family spending.
This year, Nectar’s Savvy Family is hunting for up to eight families to tout their tips and pinch the pennies over the course of six weeks, sharing their experiences and advice about anything and everything from cutting the weekly shopping bill to entertaining the kids for free, in a blog hosted on nectar.com. In return, the family deemed the most creative and “savvy“ when it comes to saving, offering the most beneficial advice for families across the country, will be crowned Nectar Savvy Family 2012, winning a fantastic haul of goodies for the whole family to enjoy from Nectar’s partners.
Resident Savvy Family judge and moneymagpie.com’s finance expert, Jasmine Birtles says; “Nectar’s Savvy Family competition has developed a bit of a cult following over the past four years, creating hundreds of useful tips that have been adopted by families, students and pensioners across the country, from running swap-shops with friends, to sharing weekly shops with neighbours to maximise deals. Each year Savvy Family has grown, with more savvy savers getting involved. We anticipate the competition growing even further this year as there’s a real hunger for this type of advice as the family budget continues to be squeezed.”
Joining Jasmine on the judging panel is last year’s winning mum of two, Hannah Mills; “It’s a real honour to be invited to join Savvy Family this year as a judge. Having been there myself, my advice to this year’s families is to get everyone involved, including the kids, as it’s important to teach them from a young age to be good with money. I look forward to seeing what tips the finalists come up with this year as I’m always interested to hear of new ways to save.”
The recession-busting prize package for the winning family includes four easyJet flights to any destination; a Sainsbury’s giftcard worth £500; £500 from BP to spend on fuel; £500 for the family to spend at Vision Express; a free week’s car hire in Europe courtesy of Hertz; a year’s cover from British Gas on a Home Care policy; a Nintendo Wii console package courtesy of American Express and 50,000 Nectar points. Those families interested in sharing their advice and being in with a chance of winning this prize can enter at www.nectar.com/savvy by completing a short entry form before 1st July.
Jasmine and Hannah will be joined on the judging panel by Nectar’s James Frost; “Nectar has championed savvy spending and shopping since its launch in 2002… Savvy Family not only embodies Nectar’s proposition, it also taps into the needs of our collectors. Now with 18.5 million Nectar collectors across the UK, our research shows that families are continually looking out for new and innovative ways to save.”
Families who aren’t selected to take part in Nectar’s Savvy Family blogging competition still have the opportunity to win a variety of prizes by following the competition through the Nectar facebook page (facebook.com/nectar) and Twitter (@Nectar) and sharing their own money saving tips. Reigning Savvy queen, Hannah, will also be revealing some of her ‘saving secrets’ and answering the nation’s budget dilemmas in the very first Savvy Family webchat, to be hosted on the Nectar Facebook page during the competition.
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