‘Honeymoon deals’ offered by energy, insurance, banking or telco companies are designed to draw customers in with an offer that is too good to resist. These offers generally only last for the first six month or year, but then go up in price later on.

Joel Gibson, money columnist for the Sydney Morning Herald and author of Kill Bills!, suggests that you could save hundreds of dollars every year by jumping from deal to deal after the honeymoon period is over. He has dubbed it the ‘Elizabeth Taylor strategy’.

Joel joins John Stanley to further explain this strategy and suggest some of the best honeymoon deals.

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