Virgin Money is sponsoring a competition run by blogging network Britmums aimed at uncovering the best practical money saving tips and stories from mummy bloggers around the UK. Two winners will each receive a £500 prize to help them start their own nest egg for the future. As well as creating video interviews on money-saving tips with top bloggers to get things started, Britmums will also be hosting a live Twitter event later this month.
Backed by Virgin Money‘s Stocks and Shares ISA team, who are providing the prize money, the initiative aims to help people who might want to save or invest for the future, but who don’t feel that they have enough money to spare each month.
Scott Mowbray, a spokesman for Virgin Money, said: “Mums are often the unofficial guardians of family finances and day-to-day expenditure, so they have some great insights into where the savings can be made. We hope that this initiative will provide inspiration for anyone who is looking to put a little bit of money aside each week, whether it’s for a rainy day or to invest in one of our products.”
The competition is open to anyone who submits a tip or story to the competition page on the Britmums website, and two entrants will be randomly chosen to receive the £500 prizes.
The competition will run beyond the end of the financial year on the 5th of April, which is the deadline for this year’s ISA applications, and will close at 17:00 BST on the 10th of April. All the tips and stories collected will be made available on the Virgin Money website when the competition closes.