I’ve never been one with lots, so I want to do everything I can to save what I have and use it on experiences and memories that I know I’ll cherish during my life. As we all know, money doesn’t grow on trees and therefore we have to work for it. You’re going to have to do this throughout your life and thus, now is a great time to start! So, we may as well make it go further this month and those hereafter.
Don’t Dismiss Own Brands
As much as ditching well known brands may seem daunting, it’s a super quick way of saving money every time you shop! For most products on the supermarket shelves you’ll find that the own-label is often the same as the branded version. My top tip would be to give it a go and see what you think. In all honesty, I can say that most of the time it’s hard to tell the difference between the two products. After all, saving a few pennies on every item in your shopping basket or trolley will soon equate to a few pounds. Do the maths and work that out for every average shop during the year, and you will have saved £££!
“I believe budgeting isn’t about limiting yourself, it’s actually about making the things you are excited about possible in your life.”
– Emily Fox
Use what you have!
A simple thing like this can really help. I try to make as many meals with the food in my cupboards before I go to do a full shop in my local supermarket. I am quite renowned for doing this, but it’s such an effective technique.
Make your own gifts
If you want to save money as well as being thoughtful, then this method is your best bet. From cookies to appreciation jars, there are so many things which money can’t buy. Plus, you can add that personalised note – handwritten, of course.
Change your phone contract
Maybe your contract is getting a little too expensive? Take a moment out of your busy day to check your bills and see how this relates to your allowance. Then you can see how many texts, calls and data you are actually using and assess whether this contract is the best one for you at the current point in your life. You could compare providers and see what they can offer you for a fraction of the price.
Buy less coffee
With this one, it doesn’t just need to be only coffee, you can apply this concept to any hot drink from tea to hot chocolate. I know it’s rather tempting to walk past your local cafe or coffee chain and pop in to grab a coffee on your way to work, but just add up the amount of times you do just that, every day, every week, every month, every year. It adds up, which is why I think it’s great to have a stock of tea bags and coffee in your cupboard for whenever you need that boost. You could take your drink in a reusable mug to work or your 10am lecture instead. Also, what’s better than inviting your friends over for a well needed catch up?
How do you save? Are you good at saving? If you’ve got any tips, I’d love to hear them as I’m always trying to save as much as I can.