Ten ways to get your finances in shape in 2006

Every year most of us blow a hole in our finances by spending too much on Christmas presents, eating, partying and new clothes. Here are ten simple ways to get your finances back in shape - once the New Year hangover has worn off.

Every year most of us blow a hole in our finances by spending too much on Christmas presents, eating, partying and new clothes. This year, it is estimated that British adults will spend an average of £800 each. But in the back of our minds, we all know there will be a price to be paid for all this indulgence in the New Year.

It's not MoneyWeek's business to help you with the after-effects of overeating and drinking, but we have had a look at the simplest ways to get your finances back in shape in a hurry. So, once the New Year hangover has abated, refer back to these ten ways to make things better in 2006.

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Emily Hohler
Politics editor

Emily has worked as a journalist for more than thirty years and was formerly Assistant Editor of MoneyWeek, which she helped launch in 2000. Prior to this, she was Deputy Features Editor of The Times and a Commissioning Editor for The Independent on Sunday and The Daily Telegraph. She has written for most of the national newspapers including The Times, the Daily and Sunday Telegraph, The Evening Standard and The Daily Mail, She interviewed celebrities weekly for The Sunday Telegraph and wrote a regular column for The Evening Standard. As Political Editor of MoneyWeek, Emily has covered subjects from Brexit to the Gaza war.

Aside from her writing, Emily trained as Nutritional Therapist following her son's diagnosis with Type 1 diabetes in 2011 and now works as a practitioner for Nature Doc, offering one-to-one consultations and running workshops in Oxfordshire.