Money saving tips

Photo by Steve Smith on Unsplash

We all want things… But saving money sometimes feels like the hardest thing in the world, there’s just so much to buy!

I’m not going to sit here and claim I know everything about saving money, half good at it is probably more fitting. I’m definitely one of those people who, when I decide I want or need something I start putting money away. Whether it be my first house or saving to go on a dream holiday. If I want something bad enough, I’ll save..

Everything in general costs so much now, for example, your first house will no doubt cost a small fortune, the deposit alone is something that takes a lot of time to save up for. But if you want it enough, saving is the only way you’ll get it.. oh and working your butt off too.

So I thought I would share with you some of the ways I save my money;

Stop ordering takeaways every weekend;
I went through a stage where this was literally all I did. It was winter and extremely cold outside so all I wanted to do was stay home and eat way too much comfort food. It became a bit of a habit if I’m honest, it got to the weekend and cooking was the last thing I wanted to do.. so, pizza it was. I’m not saying it’s a bad thing but once you make the decision not to order so much, you’ll soon see how much money you can save.

Stop buying coffees every single morning;
It’s the convenience that does it, I know. But that few pound every morning before work definitely adds up. Wake up 10 minutes earlier and make a coffee at home or treat yourself to a posh coffee from the machine you got bought one Christmas but have never used. Not only is it bad for the plastic consumption using throw away coffee cups every morning, it is definitely not helping your bank balance. Instead of buying a coffee every morning, put that few pounds in a jar and see how much you can save in a month, once you do that, you’ll rethink calling at Costa to buy a cappuccino.

Save all your change;
I don’t know about anyone else but I absolutely hate having change in my purse. I always have.. If I have to break into a £10 note, it doesn’t matter how much change I get back, as soon as I get home I put the coins straight into my money jar. I’m not really sure why, but once my money is in coins I forget about it. So rather than having it rattling around in my purse it goes in a jar, my ‘Holiday jar’. It’s the quickest way of saving money.

Cook at home rather than eat out;
I feel like this one goes without saying.. we spend so much of our money on food, that when it comes down to it, just limiting the amount we eat out saves us so much money. I’m not saying you should never eat out, just limit it to a couple of times a month. £10/£15 on a meal out doesn’t seem all that much, but when you cut that part out and eat the food you have at home (the money you’ve already spent when you did your big food shop) you’ll realise how much you could have saved.

Set yourself a budget;
If you’re a bit of an over spender then setting a budget is probably the easiest way to save your money. This all depends on how much you earn, what your lifestyle is like etc.. but creating a budget for yourself is an effective way to cap any over spending. If you like a night out every couple of weeks, put yourself on a cocktail budget.. If you eat out too often, set yourself a limit to a meal out twice a month. It’s like a mental money saving method, you know you can’t spend it.. so you don’t.

Open a savings account;
I think it’s fair to say near enough everyone has one of these.. and if you’re my age, it’s probably for a deposit on your first house. This is the best way to save money without having to physically put the money away.. it’s all done online, or by banking apps. I love mine, I always put away a certain amount once a month and this has made saving for a house so much easier.

Put money away weekly;
If you’re saving for something small, put money into a money bag (sounds kind of old fashioned, but it still works) or if it’s something bigger, put it into your savings account. Either way, put money away weekly, keep to the same amount and if it works for you, do it on the same day every week. It doesn’t matter how much you put away per week, it will all add up.

Treat yourself once a month;
This one probably seems like I’m going back on everything I’ve just said, but what is the point in saving all that money cutting things out if you can’t have a treat every now and then. It could be buying yourself some new clothes, going away for the weekend with your loved one or simply pigging out on junk food and snacks, whatever it is, just make sure you have a treat at least once a month, this way all the saving isn’t for nothing.. we still need to enjoy life right?

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