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Nine Easy Ways To Save Money Every Day

In Life by eva.katona@yahoo.comLeave a Comment

This is a collaborative post.

The internet often seems to be full of guides on how to get the best deal on a big purchase, like buying a car, a holiday or a laptop. But what if you need to make savings on the smaller things too? Saving money on everyday items and the basics can go a long way to helping you feel more financially flush. Whether you’re hunting for the latest deals or looking for better budget options, here are some great tips to help you make big savings. 

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  1. Have a weekly money check in with yourself. Sit down once a week and go over your money. Update your budget, check your bank account balance and track your progress towards any financial goals. This helps you stay on top of your funds and catch any issues quickly. An incredible easy yet effective way to do this is to use free software and online tools. A mortgage calculator will help you calculate mortgage rates to determine how much you’re paying. Then, you can decide to increase or reduce the amount based on your monthly earnings, spreading the costs out over a longer period. A weekly check is about being flexible and not sticking to the same rigid pattern.
  2. Meal plan. At the weekend, take some to plan out your meals for the week ahead, and grocery shop accordingly. This saves you money by reducing food waste, and the need for a takeaway when you don’t know what to make for dinner. 
  3. Give up Sky TV. With streaming services like Netflix and Amazon Prime, you can watch most TV shows for a lot less monthly spend than a Sky package. To save even more, cancel the streaming services and just use Freeview, which is, of course, free.
  4. Host potluck parties. If you’re worried about the money you spend on seeing friends, suggest a potluck party. Ask your friends to come over and each bring a different dish. It’s much cheaper, but you still get to see everyone and have a dinner with friends.
  5. Make coffee at home. Lots of us love a takeaway coffee and a trip to a coffee shop, but the cost of those coffees soon add up. Instead, make your coffee at home. You can buy nice coffee blends and even the same coffee syrups the shops use to make fancy coffees for a fraction of the cost.
  6. Wait 48 hours before buying. Impulse buys can tempt us all. If you find yourself tempted by a purchase that’s outside your usual budget, give yourself a buffer zone to decide if you need it. Wait 48 hours, then make a clearer minded decision. And always check out the latest hot deals UK to make sure you maximise the value you get for your money.
  7. Let go of FOMO. Fear Of Missing Out can push you to spend money you can’t really afford on things like nights out or clothes. While you don’t have to become a hermit, think about your financial future too. If you’re tempted by something you can’t afford now, think about what you’ll have to go without later.
  8. Keep a spending diary. Logging everything you spend can be a wakeup call to help see where you’re spending more than you should. Seeing exactly how much your coffee habit costs you every month, or how much you spend on buying lunch at work, you can cut out excess spending and save a lot of money. 
  9. Save your small change. Many of us fritter away the loose change in our wallets. Instead, clear your purse out and put any change into a pot. When the pot is full, cash this out for notes (you can do this at your bank or with a coin sorting machine at many supermarkets) and you’ll have extra money you might have otherwise wasted. 


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