Whilst saving for a house and a wedding, money has never been more important in my household. Therefore we decided to cut back to allow us a few extra pounds to spend on what we really want or to save. This is how we have done it below.
I used to shop in the one of the big four but then decided to switch to Aldi and see if there was a difference in price. In the past few months on average we save around £40 per month on food. We find that by planning all our meals in advance we shop in one of the big four once a month to get the items that we cannot get in Aldi and then shop in Aldi for the rest.
I read an awful lot and used to buy second hand books however that was starting to get pricey. By using the library I reckon I have saved around £200 (and space) in books. Libraries these days are not just about physical books there is also a selection of audio and online books.
Also my local train station has a book shelf where passengers leave and pick up unwanted books. I have picked up and dropped off many books myself.
Charity Shops are brilliant for second hand bargains. I have brought books but also clothes, I got a set of fashionable and hardly used black boots for £8 once which would have easily been £15- 20 first hand.
When we moved into our flat we had a small budget for buying furniture. On eBay we brought a coffee table and TV stand for £50. Which if we had brought this in a shop would have cost £50 each. This applies also for selling. I am a great believer in reusing as much as possible so any unwanted items are either sold on ebay or Gumtree or go straight to a charity shop. Just be mindful of sellers fees.
What originally started as a friend lending us a box set to try out a TV programme has ended up us borrowing the entire series. Hence £50 worth of TV entertainment we have watched for free.
Before buying online I usually browse voucher code sites looking for any discounts. If you are a student I recommend buying a NUS Extra card because the amount of discounts available are phenomenal and you easy make your £12.00 the price the card costs back.
I commute so spend an awful lot of time on the train. If my train is over 30 minutes late I always claim back. I reckon I have claimed in total about £50 back from the train companies so far this year. I email a picture of my train tickets to customer services so it is not costing me anything in postage.
I always match up my receipts against my bank statements to check that all money coming in and out my bank account as it should be. I don’t want any money leaving my account when it shouldn’t be.
This concludes my money saving tips, does anybody have any they would like to share below?
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.