It’s always a good time to start saving money. Whether you start at the beginning of the year or half way through, you’re bound to see a difference if you make the necessary changes.
Below are five tips you can use to help you do just that.
Shop At Discount Outlets
One of the easiest ways to save money while also actually, well, feeling like you’ve saved money is by shopping at discount outlets.
When you buy an item and know it has a certain percentage knocked off the price tag, then you know you’ve saved a considerable amount of money straight away.
We all love clothes, or like to update our homeware every now and again. By shopping at discount outlets, you can do this while making sure you’re not overspending.
At Bargain Crazy we have many top brands on offer at a much cheaper price. Ted Baker, Coast, Free People, Very… You’re bound to find something you like. Why not sign up to our newsletter for all the latest updates?
Another way to save money is by using voucher codes and coupons. There are vouchers available for a wide variety of areas, from food to clothes to electronics to homeware.
By searching for and using as many vouchers/coupons as you can, you’re guaranteed to save money on your weekly shop or new homeware.
Once you’ve collected these, make sure to keep them organised so you don’t forget about them and let them expire or lose them. A good idea would be to put them in a folder to keep them as organised as possible.
At the same time, remember:
Don’t spend for the sake of it. It might be more tempting to do so if you have all these coupons and vouchers to use, but use them wisely.
Be sensible about it and you can save thousands.
Cut Any Unnecessary Direct Debits
A lot of the time, we’re so used to money being taken out of our accounts by direct debit that we don’t even notice, or have gotten so used to it we don’t think too much of it when we see it on our bank statements.
At least, stop it for those things that you don’t really need.
Even if it’s just a measly amount, that money adds up and is money you could have saved.
Your direct debit could be anything – a gym membership, a magazine subscription, a subscription to a music or movie streaming service. £10 a month might not seem like that much for unlimited music or movies, but that’s £120 you can save per year.
By stopping this, you are ensured that you’re not losing any money right under your nose and will definitely notice the difference.
Instead of paying loads of money for a gym that you don’t go to that often, pay per session instead. Maybe go for a run. Read the websites of magazines. Listen to songs on shuffle – you might even find something new that you love (want a Spotify tip? Lots of people already know this, but if you’re desperate to listen to a specific song when not on premium, make a playlist with just that song on it. Sorted).
You’ll be saving money in no time.
Book Holidays Early
Want to save a few hundred pounds?
Of course you do.
That’s why you’re here.
It depends on where you go, but booking your holidays at certain times for specific places can save you a considerable amount of cash.
There are lots of things to take into consideration here.
The time of day you’re booking, day of the flight, the location, the season. But you can align all of these perfectly and as a result get the cheapest holiday possible.
Nevertheless, keep in mind this can vary from year to year. There is no specific month or day that gives you the best deals every year.But there is one small exception which we can advise you on (you may have seen this in our ‘Spend Savvy Shopper’ post)…
Booking city breaks to places like New York, Rome, Amsterdam, Paris, Barcelona, Berlin, Lisbon and Copenhagen does tend to be cheaper when you book for January. These destinations are less popular in the colder months so as a result January is the cheapest time to go.
Also, remember to clear your cache before booking any flights as the cost sometimes goes down!
However, it is advised you speak to your travel agent or have a look online for the best deals.
Naturally, credit cards can end up costing you a lot of money, what with the interest on them and the money being withdrawn.
The best thing to do here would be to shop around for great credit deals if you ever need credit cards or a loan as this may be cheaper than going straight to your bank.
Another great tip would be to pay off all your credit card debts ASAP if you are able to, then you won’t have to worry about them!
Saving money can be easier than you think. By thinking strategically, cutting out unnecessary direct debits and going for cheaper options you will get the results you’re hoping for. Needless to say, by following these tips and monitoring your finances, you will be saving money in no time.