It can often feel like there is no way to save money each month. After bills, the food shop and buying other essentials, there’s just no way that you will have anything left at the end of the month. But what if we told you that actually, there is a way to save money in your home.
We are going to discuss our top tips for low-cost living. It’s time to say goodbye to financial woes and hello to super savings.
Know Your Monthly Budget
Too many of us fail to practice basic budgeting. Instead of having a clear idea of our income and outgoings, we spend carelessly and before we know it, we are in a stressful financial situation. It’s time to get organised. Taking time to sit down and plan your expenditure can help you look for areas where you can save money. It can be a good idea to write down your monthly household income. Firstly, split this between your essentials like your bills and food shop. Then, you will be able to see how much you have left over each month.
After a quick online search, you will be able to find an online budget planner or if you’re not tech savvy then purchase a budget notebook and make sure you keep it somewhere safe.
Use Price Comparison Websites
The internet is full of helpful resources that can help you become a money saving mogul. One of the best ways that you can save money is by using price comparison websites. Whether you are looking for cheaper car insurance or a better deal on home insurance, these websites are some of the best places to go to help you save money. They’re often free to use so you have nothing to lose by regularly checking them out. You could save yourself hundreds of pounds in the process.
Some price comparison sites can even give you a reward for using their service. For instance, some price comparison sites have been known to give out two for one cinema tickets. So, it is worth checking them out to see how you could benefit.
Save Money on Bills
A lot of us settle for the bill providers we have. By doing so, you could be missing out on better deals elsewhere. If you notice your electricity or phone bill is high, don’t hesitate to investigate it and look around to see if you can get a better deal. Doing this can help you shave the pounds off your monthly bills and even the smallest savings will add up over time.
If you are looking to lower your gas bill, then you may consider the benefits of switching to an energy-efficient boiler. Not only can they save you hundreds of pounds each year, but they can be fairly easy to install. Boiler Central can provide you with a boiler in a matter of minutes. You can price up and buy your boiler online and then let their team handle the rest. They will even deliver and install your boiler for you. So, you can start saving money on those all-important gas bills and watch the savings roll in.
Sell Unwanted Items
Most of us have homes full of unwanted items that we no longer use, so why keep them? Making time to clear out your clutter can help you make some extra cash. Selling sites like Ebay have grown in popularity and now it has never been easy to sell your items. Don’t forget the traditional car boot. They are a great place to sell your unwanted items and you may be surprised at just how much money you can make. You can look at some of the UK’s top car boot sales online to help you find one in your local area. Start swapping that clutter for some all-important cash.
Write A Shopping List
You may be surprised to know that many of us dramatically overspend on our food shops each week. On average, the cost of a weekly food shop for the typical UK household is £97. Times that by four and your monthly food bill is costing your hundreds of pounds. But how can you save money on this? After all, groceries are essential. The answer is simple. Start writing a shopping list and stick to it. It is easy to throw stuff into the trolley, maybe your favourite chocolate bar is on offer, or you’ve found a good deal on detergent. But ask yourself, do you really need it?
It can be a good idea to plan your weekly meals. From this, you can write your list of the things you need. This will stop you from filling up the trolley with non-essential items. You will be surprised at how much money you can save just from sticking to your list each week.