How you can save money by making small changes
Today I’m going to show you how you can save money by making small changes, and without even feeling like you’re missing out on anything. If you can make these small changes, you will notice a difference in your bank balance which will help you save even more money for a rainy day. We all love a good bargain or being able to save a bit of money here and there, but let’s face it we probably all indulge way more than we should. Well I definitely do.
Set small savings up.
Let’s start with going through the traditional way to save money by literally putting some money aside. You could choose to do this each day or at the beginning of every week, obviously it all depends on when you get paid.
If you put £5 away a week, (which let’s be fair won’t get you very far in this day and age) by the end of the year you will have a whopping £260! As we all know the end of the year means Christmas and having that tucked away would certainly help, especially with the cost of Christmas rising as the years go on.
Another way of saving that I personally love, is whenever I buy something from the shops, I put the change away in a jar. So if I spent £9.63 I’d put the 37p into a jar. You’d be surprised on how quickly things like that mount up.
Also if you’re with Lloyds Bank (I’m not sure if other banks offer this service) you can set up a change saver account, which literally does the same thing. On many occasions I’ve logged into my internet banking and £40 has appeared in my change saver. This includes when you have direct debits going out, if it’s not at the exact pound Lloyds will pop the rest into you change saver account. They even send you a cashpoint card for it so that it’s easy to withdraw. A brilliant way to save money without even knowing about it!
Changes you can make to your shopping to save money.
We all work hard so I’m not going to bang on about how you should stop buying treats or not get that bottle of vodka, but what you could do instead is buy the cheaper brand. So for example instead of buying a family packet of Doritos, go for the shop’s own. I promise you they taste just as good, and they’ll taste even better knowing that you’ve saved a quid or two.
Collect coupons. I used to shrug them off as I felt a bit insulted by the idea of them, but seriously they are one of the greatest things ever. You can find coupons in magazines, newspapers, online and often in leaflets that are posted through your door.
One other thing that you could do is sign up to your regular supermarket’s scheme. Most places offer some sort of “card” that you can save points on. For years I’ve shopped at Morrisons and always denied getting one of their cards because I didn’t feel like I went there enough to earn anything of value. Then I started using my parents card and I saw all of the coupons and discounts they get given and quickly signed up for one.
What you could do at home to save money.
Do you really need that hallway light on? Some people do it so that their children can see if they need the toilet or any other of the thousands of things children demand in the night. Instead why not invest in a battery powered lamp that could light the hallway up just enough for the kids to see. Or switch to energy saving bulbs, not just in the hallway but everywhere in the house. You may not feel like there’s a difference but there will be.
Same goes for all electrical appliances, try and make sure you turn them off when you’re not using them. I’m awful for leaving the cooker main switch on and also the showers switch too. Not only will you be able to save money, but you will be environmentally friendly too!
You can also save money on your water bill by taking a shower for only as long as you need to and sacrificing your singing time(!).
Another thing you could do is keep the tap water off whilst brushing your teeth.
You could put the washing machine on a cycle that uses less energy and water. Most modern machines have some sort of energy mode on them, take a look at yours! Also, setting your washing machine up to do a cycle through the night will cost less, as the rates go down through the night.
Depending on how your home is heated you could save a small fortune by switching to halogen heaters. They are small free standing heaters that you can buy from pretty much any hardware shop for around £10. There are bigger options available but for my flat (which has super high ceilings) all I need is two of these and the place is nice and toasty. They run on pence an hour and plug straight into your mains. They also have a great little feature where if they are knocked over or taken off the base whilst they’re on, they will automatically shut off. So you’ll be fine leaving it on if you’re nipping for a quick wee between your TV shows.
Is there anything else I could be doing?
Of course, here’s a list of ideas you could take on to save money
- Don’t bin ripped clothes, use them! This could be as cloths for cleaning or upcycling them into cushion covers, get creative!
- Keep all of your machines in and out of the house maintained (Yes I’m on about the car)
- Make gifts and cards at home. These are often more sentimental anyway!
- Cancel any unused subscriptions you pay for like the gym
- Plan your meals for the week and stick to it when you go shopping
- Don’t make a large purchase without first really taking time to think about it
- Sell your unused belongings, there are so many easy ways of doing it now!
- Aim for something that you would really like to buy, it will give you more motivation!
- Bargain with your TV and internet providers for a better deal.
- Walk to school/work instead of driving or taking the bus wherever possible.
- Invite people over rather than going out
- Buy from charity shops
- Take a packed lunch to work, and do it for the kids too
- Quit smoking – great for your health and your purse
- Cut the kids hair instead of going to a salon
- Cancel magazine subscriptions – do you really look at them anyway?
- If possible, take on more hours at work
- Enter competitions to win things that will save you money, this could be meals or days out, clothing vouchers, discounts on utility bills. The list goes on.
- If you hear of any cash-in-hand work going that you can do, go for it!
There are literally hundreds of ways to make money and save money – so treat your purses to a rest and begin saving!