Munroe Sutton's Jeremy Hedrick offers dental professionals some seasonal financial advice
There is a lot to keep track of when it comes to our finances – particularly since the cost of living has increased a great deal over the last few years. However, there are many ways to make it easier to manage our money.
A car is an essential for many of us. While having transport readily available helps us navigate our busy days, the price of even a used car is very high, and thus many of us spread the cost. Main dealerships offer a variety of packages depending on the needs and means of the customer. By paying a monthly sum, we can get to where we need to go without breaking the bank.
To prevent us from being forced to keep track of gas and electricity bills and save for what could potentially be a large outlay, most people have moved away from quarterly billing to monthly direct debit. Though this can mean overpaying in the short term, any overpayment will be refunded. Once the details are saved, we don’t have to worry about saving for utilities as, each month when our salaries are paid, the money comes out automatically in manageable chunks.
Food shopping can be expensive, especially if you have several mouths to feed. While going out to shop may mean you can hunt for bargains, there are also the travel costs involved in using an out of town supermarket. This is one reason why the number of people using internet shopping has increased dramatically. All major supermarkets now offer a delivery service, and many of them provide the option to set up a monthly or weekly shop, paid for automatically – this way, you can set your food budget and stick to it.
Let’s not forget the festive season, either. Christmas shopping tends to be expensive. There are many schemes around to help people save for Christmas. Some focus on gifts and others on food and trimmings. Very small monthly payments are made throughout the year, and then all the food needed for a fantastic family Christmas is delivered to your door. This means people don’t have to worry about the expensive Christmas food shop, knowing they are already prepared.
Since direct debits and standing orders are used in so many areas to make life more affordable, why don’t we apply this to dentistry? A visit to the dentist can prove costly if treatment is needed, and this can hit hard for those who are already on a tight budget. Indeed, budget can be a barrier to some, preventing them from getting the care they need. Equally, someone may wish they could afford an aesthetic dental treatment, such as tooth whitening, but see it as likewise unattainable.
The Munroe Sutton Healthy Discounts Plan can help. Since this is not dental insurance, this is a very simple, affordable plan which gives members a 20% discount on treatments at participating practices. This includes dental check-ups and necessary work such as root canal treatment, as well as aesthetic dental work such as tooth whitening. A small monthly or yearly payment is made, and dental treatment simply becomes more affordable.
Looking after your finances is so important, and using the options available to us to make our essentials more affordable is clearly a sensible – and popular – choice. Applying this to dentistry makes sense – maintaining oral health is so important that money shouldn’t be a barrier. Relieve the financial pressures and reap the health benefits.
For more information, call 0808 234 3558 or visit www.munroesutton.co.uk