Thursday, October 15, 2015

Easy Lifestyle Changes In Order To Make Big Savings



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In the words of one major supermarket every little helps’. This is very true when it comes to making adjustments to daily, weekly and monthly spending. Sometimes these may seem like tiny amounts, but if you follow a policy of saving money across the board then every penny you can keep in your pocket can really add up.

Some of the savings you make are easy to implement and often require nothing more than changing a routine or taking a moment or two to think first.


Supermarket shopping

More and more shoppers are turning to the lower priced supermarkets such as Aldi and Lidl instead of the traditional heavyweights such as Tesco, Morrisons and Sainsbury’s. In recent years sales at Aldi and Lidl have risen while sales at the major three above have fallen - a 2013 poll showed that around half of UK shoppers use the low priced supermarkets now. The important thing to do is price match purchases and search out the supermarkets that can save you money for the most common items you purchase.

Coupons, discount codes and loyalty cards

Often people dont bother saving money off coupons and vouchers - but they can add up. It may take some diligence, but the savings cant be denied. See here how one UK shopper saves some £150 a month on her shopping bills.

Keep track of the points youve gained on your supermarket loyalty cards to save money on subsequent shopping trips. Over a year these savings do mount up. Know how to maximize the amount you accrue and when and how to spend them for maximum effect.

Utility and insurance audit

Utilities: check youre not paying too much for you energy, mobile phone, landline and broadband periodically. Providers are notorious for giving new customers good deals while neglecting existing ones, so check prices and shop around; set a calendar note for when youll do this.

Insurance: check your current car and home insurersrenewal prices against competitors just before its time to renew.

Use comparison sites such as this one to quickly gather prices from other suppliers covering energy, insurance, broadband, home phones and more. If you get better rates from alternative suppliers, ask your current provider if theyll match it. They may well do - some car insurers now are more inclined to try and price match than previously.

Buy cheaper fuel

Make a point of filling up where fuel is cheapest. If you plan ahead a little rather than waiting until youre nearly empty, youll always fill up where its cheapest and these savings will count each year. Don’t always fill your car up to the top either since that will lead to inefficient driving.

Remortgaging

This will need careful thought, but its always worth checking periodically that youre on the best mortgage deal possible. You could save significant amounts of money by switching wisely, but seek proper advice first.

Stop paying a TV licence

With the TV licence well over £100 per year, its worth asking yourself whether you still need it. If you watch television programmes that have already been broadcast on catch up services such as BBCs iPlayer, then you dont need a licence.

Using slow cookers

Not only do they save money, but slow cookers offer the benefits of tender food cooked slowly over a long period and a meal ready for when you come home from work. The savings are worthwhile; a slow cooker costs around ten pence to run for eight hours while a conventional oven will be around thirty pence for one hour.

Apply the mentality across the board

Get into the habit of checking prices and shopping around. Even something like helping your teen to learn to drive could be done cheaper using freely available materials online and by comparing local driving schoolslesson rates to see if theyll do a bargain.
By doing this you’ll set the tone for your children to follow your lead and be thrifty too – something that benefits you and them in the long run.








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1 comment:

  1. Nice post. I also just started trying a new method of saving and that is paying yourself from your salary. When I get paid, I still have an account where I get to transfer just about 30% of what was paid me to an account I call my personal salary account. And then I keep the others as savings. It sure has worked for me.

    www.lifestreasury.com

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