This year I am starting to majorly save my money, as I mentioned in my New Year’s Resolutions post I want to learn to drive and start putting money away to become a homeowner. In between all of that I also have a holiday planned for my Mum’s 50th, so I need all of the money saving tips out there…
As I have been searching the internet the last few days for the best ways to save money, I thought I would create a list of all of the best ones, with a few of my own thrown in too.
- Create a budget | Being able to physically map out how money you’re earning, and how much you’re spending a month really helps to see how much disposable income you really do have -making it much easier to see how much it is feasible to put away each month.
- Cancel memberships to things you don’t use anymore | We all them them, subscriptions to things we once wanted but now they’re forgotten until they arrive through your door, or you see the direct debit on your monthly statement. For me, it’s Art Therapy magazine, which I will be cancelling as soon as I am done writing this post.
- Buy own brand foods or go to Aldi/Lidl/Farmfoods | As much as I love branded food, there is not a lot of difference in supermarkets own brand foods or Aldi and Lidl products. I am not afraid to buy 20p Spaghetti or 30p dark chocolate, it’s still good regardless of the cost. Me and my boyfriend manage to do a full week of shopping for around £50 – £60, and that’s without going to Aldi. We’re on the hunt for a second-hand chest freezer at the moment, so we can start stocking up from Farmfoods and spending even less.
- Buy second-hand | One of my other New Years Resolutions this year was to read more, and I don’t want to stop myself spending completely so any books I buy I’ll make sure they’re second-hand. This is easily done on Amazon by clicking ‘New and Used from £X.XX‘ underneath the price, or from websites such as Abebooks.co.uk. I’ve got books in great condition from as little as 1p, not including postage which is normally around £2.00. Charity shops are also great as you get some right bargains, while donating to a good cause.
- Take part in saving challenges | The start of a new year always means lots of challenges circulate the internet, this year I have noticed a lot based on Saving. In her latest, Adele, from Adele Louise Smith, suggested saving £1 in the first week of the year, £2 in the second, £32 in the 32nd and so on. By the end of the year you should have £1378 saved – amazing!
- Use products until they are empty | I have a bad habit of falling for marketing gimmicks and buying products because they’re new, so this year to help save money I am going to try my hardest to use all of my skincare products right up until they’re empty, saving me an unbelievable amount of money each month!
- Instead of buying a ‘luxury’ put the money into a piggy bank instead | When I say luxury here I mean a cup of coffee from Starbucks, or a taxi ride rather than the bus. Every time you go to buy something you don’t necessarily need, put the money into your piggy bank. You’ll be amazed at how much you can save.
- Find cheaper travel | If like me you travel across the country to a lot of events, then you’ll understand how expensive it is to get a train. I use apps and websites such a ‘Tickety Split’ to help me find the cheapest way to travel, even if it means getting a couple of different tickets or travelling at an unsociable hour.