10 Money Saving Tips: In an age where we are well off then perhaps our parents or grandparents used to be, it is becoming that much more important to save money and make the money that you earn go a little bit further each month. This is something that more and more people are looking to improve doing. Rest assured that there are certain things that you can do to ensure that you become better at saving money. Here are some of our top tips to ensure that you are able to save as much as possible and less likely to fall into debt or rely on a payday loan to get yours through each month.
10 Money Saving Tips
Being able to barter and negotiate with sales people and not just simply accept the first insurance quote or car insurance figure is key to making sure you are not just going along with the first number that gets brought up.
- Recycle ink cartridges
While this may be a primary concern to you should be made aware of how the smallest of changes to your everyday shopping habits can have a significant impact on the way that you save money and actually allow you to save more. Most retailers offer you the chance to get money off when purchasing new ink cartridges when you recycle your old ones, so be sure to take advantage of this saving.
- Hire our your drive
One of the best ways to save money is by potentially renting out your driveway for people to park in. Car parks tend to charge extortionate amounts of money when it comes to parking and people are far more likely to want to park in a safe and more affordable place. By allowing your car parking space to be hired out you will be able to get a little extra income each month and help someone else out.
- Sign up to offers
While some people hate to receive emails from various companies, it is very much worthwhile saving up to receive updates and special offers in some cases as it means that you could earn money off vouchers and other perks through doing this.
- Avoid credit card fees
Holiday companies and airlines are among some of the worst culprits when it comes to adding up credit card fees. This is why it becomes important to ensure that you do not simply use your credit card for every single purchase as you could end up paying out more in the long term.
- Don’t drive with aggression
It is proven that aggressive drivers actually burn more fuel in the long run in comparison to those that are more calm and collected. Be sure to keep this in mind when you are next rushing to drop the kids off to school etc.
- Don’t hoard
Rather than collecting things over the years one of the best things you can do is actually have a clear out every now and again so that you sell off any unwanted goods. You could soon find yourself coming across a small fortune which can be put straight into savings.
- Don’t overspend in the pound shop
While the pound shop does offer us the chance to pick up some cheap bits and pieces that we would otherwise pay a lot for, be sure to not fall into a trap of overspending. If you aren’t careful you will find that eventually your shopping basket is full of things you don’t need and every pound adds up!
- Mobile management
One of the best ways to cut down your outgoings and increase the amount of money you have to put into your savings account is by speaking to your mobile phone provider to give you a better deal.
- Time what you buy
The price of items varies both in store and online when it comes to the things that you buy on a regular basis which is why it important to shop comparatively. Through shopping at a time that is most ideal for picking up the best deals you will find that you spend less in the long term.
Holiday companies and airlines are among some of the worst culprits when it comes to adding up credit card fees. This is why it becomes important to ensure that you do not simply use your credit card for every single purchase as you could end up paying out more in the long term. You could even find yourself in debt and eventually credit collections if you’re unable to keep up with the large payments.