Call it cliché, but at the start of every year, I always find myself looking for ways to up my fitness game, eat healthier, stay at home more and cut down commuting, and get organised.
Another one that crops up every year is saving money – I’m sure its a big one for you. Every years it’s one of those resolutions we all make but very few of us end up keeping. But this year, at the start of 2018, instead of vowing to brown bag all my lunches or go on a 6-month shopping fast, I’ve found a handful of easy, totally realistic ways to save that I wanted to share with everyone.
6 months down the line, I’ve done pretty well with my saving, and it hasn’t been a chore at all. I’ve been much more savvy with sites like eBay and Depop, but still. So here we go, I’ve decided to share five ways to save more money in 2018 without even thinking about it…(and it’s totally fine to start in the middle of the year!)
1. Run Your Own ‘Keep the Change’ Program
So this is a real random thing I ;made up’ earlier this year, but it’s working. Every time I come home, either after I’ve been out all day for meetings, after a night out, after a supermarket shop… whatever… I get my purse out, and scrape up whatever change I have. This is usually 1p’s, 2p’s, 5p’s, 10p’s etc. I stope at 20p – I don’t go higher than that.
I then put all my loose change into a pot, and I let it build up as the months go by. When I counted it up the other week, I had £60 in it. That’s £60 I haven’t missed at all – I didn’t even realise all those little pennies were building up such a bulk of money!
2. Schedule an Automatic Monthly Transfer to Your Savings Account
Chances are you already have plenty of automatic payments scheduled each month—from car payments to gym memberships to Netflix fees and beyond. So why not think of saving money the same way and schedule and automatic monthly transfer from your checking account to your savings account?
Save as much as you can afford. If that’s only £25 a month, that’s still a fine start. But start to consider saving this designated amount just as important as paying any of your other monthly bills. Make it a must.
3. Be Clever With Finance Options
This year, I got my hands on the car of my dreams – my Audi A1. However, I didn’t have £12,000 to buy it outright, and even if I did, I wouldn’t want to use all my savings on one big purchase.
However, when it comes to making big purchases, be smart before you go jumping in. Finance options can mostly cost you more than any other loan out there – but the car salesman will make it seem the easiest. Look into payday loans or short-term which can lend you anything from £50-£1000, or whatever it is you need. Cashlady is a good one.
By looking into one like this, you can secure UK loans online with more lenders & higher acceptance rate than any single short-term loan provider, when you choose CashLady.
4. Cancel Recurring Fees You Don’t Need
Right now you might not even be thinking about the fact that you’re paying for monthly subscriptions to Spotify or a Wine Club, or that you’ve only been using your gym membership twice a month since you became interested in fitness. Take 10 minutes this month to look at all of your recurring payments and try to cut one or two that you can live without. Then add the amount the fee was costing you to your automatic monthly transfer to your savings!
5. Think ‘Add to Wish List’; Not ‘Add to Cart’
I’ve heard of people going on ‘shopping fasts’ where they vow to go a month or more without making any purchases other than groceries and other essential items.
But for me, that’s just not realistic. Lets be honest! However, I don’t go overboard, but I do like to make fun little purchases here and there, even when I know they are not things I need. So instead of claiming that I’m going to quit shopping completely, I’ve managed to curb my shopping habit a bit by keeping a Pinterest wish list of items I want.
Every time I’m tempted to hit ‘add to cart,’ I add the item to my wish list first. This ensures that I sleep on every item I buy instead of making impulse purchases. Only if I am still thinking about an item a day or two later, will I actually buy it.
Do you have any tips to add to my list? What are your favorite easy ways to save money?
Share your own advice below!