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Your number 1 money-saving tip

938 replies

PupInAPram · 02/04/2022 11:06

What is your number 1 tip that saved you the most money on regular household spending?

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Libertybear80 · 02/04/2022 16:14

Use cashback sites to buy bigger items.

Check your bank account every couple of days as it focuses you on saving money.

Only buy a takeaway coffee or meal as a treat not as a routine.

PupInAPram · 02/04/2022 16:18

@Graphista I want a microwave omletty thing. Sounds perfect for someone living alone who is over the whole dinner cooking business! Off to Google it now.....

OP posts:
Leftbutcameback · 02/04/2022 16:24

Online shopping for grocery - means you can see when your usuals are on offer and stock up. I use clubcard vouchers to pay for the delivery and then I also save money not buying all the cakes I would in store!

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GeneLovesJezebel · 02/04/2022 16:26

@RIPWalter

Check you're on the correct tax code (uniform laundry, professional subscription etc).
I second this. Just had my tax code changed because I spent a little time on this. Also got some money back because I don’t get 45p per mile, so claimed the tax on the difference for the last 4 years £££
reesewithoutaspoon · 02/04/2022 16:26

Definitely meal planning, batch cooking, and freezing.
I saved up loads of takeaway containers. I pretty much only cook once a month. I have the slow cooker doing a curry, stew, or chili. a one-pot meal in 2 big pans and a casserole /lasagne or stew in the oven. It's done in one afternoon and I can take advantage of offers .
One large pack of mince can be used to make a chili/cottage pie/lasagne/hamburgers or meatballs.
A large pack of frozen chicken pieces (thighs are cheapest) can make a curry/chicken Marengo/spicy chicken stew etc
Onion celery and carrot are the base for most stews
I have a good store of herbs and spices and just buy the meat and vegetables.
Over the years I have a selection of recipes now where I can make lots of one-pot meals
Any veg leftover is frozen and used to make a soup
I usually make enough for 30 meals. divide it into take away pots and freeze then just micro when I need. add in pasta/rice etc
I change the recipes every month so I don't get bored.
Loads of you tube videos about mass meal planning and cooking in 1 afternoon, lots of recipe ideas.

saddowizca · 02/04/2022 16:28

Not a household budgeting tip, but when do you need to go out for a change of scenery:
I saved the most money when I used to take DD out for the day, and took a flask of tea and one of hot chocolate and sandwiches with us. Loads of free stuff to do in London - and other big cities I'm sure - where you use the loo, sit in the warm and eat your sarnies. Royal Festival Hall being the best IMO.

Now she's a teen, and even now we take a flask each and sit in the park and eat a homemade bun. It still feels like a treat because we're out.

Leftbutcameback · 02/04/2022 16:28

And charity shops - if I need something I always look there first. Especially jeans, black trousers and bags, and books. At the moment I'm looking for a spring jacket. There are loads of good quality clothes some unworn. It feels like a proper achievement if you find something you love, for a decent price, sustainably and giving to charity.

NoWordForFluffy · 02/04/2022 16:32

Also Im obsessed with nectar points, I use those very wisely too.

Yes, I save / use these wisely too. They pay for all my Christmas baking ingredients, booze, extra food plus some presents too. I love them! Xmas Grin

I buy most stuff online, so wouldn't do the cash withdrawal tip. I do have a spreadsheet I log everything on though. Anything left at the end of the month goes into savings.

Ohchristmastreeohchristmastree · 02/04/2022 16:34

Cut and highlight my own hair. Probably cost about £4 a time.

Hand on heart I do a better job than any hairdresser I’ve ever been to as I can get it exactly how I want it.

I do my daughters haircuts too. I also do the dogs too. No highlights for him though.

Must have saved thousands over the years.

saddowizca · 02/04/2022 16:35

@Flatbrokefornow

We’ve gone (nearly) vegetarian, I make bread, pizza, soup, desserts, cake and jam myself (because they are so good you don’t notice it’s only pennies. They aren’t cheaper than supermarket bread and jam, but they make cheaper, much better meals than other stuff bought meals would) cook all our meals in twice a week batch cooks. I fast a day a week. We only drink water or milk. I grow some of our veg (a few herbs if you have a sunny bit of garden will make a huge difference to how things taste. If you can add a grow bag of tomato plants and salad leaves, or a fruit tree and some strawberries, it will lift a cheap diet immeasurably. It’s probably not worth trying to start grow a lot as an economy measure, although it’s low cost amusement for younger children) My weekly shop is £20 a week for me and DD for three meals each and two snacks for her and while it’s not an brilliant diet, either health or interest wise, it’s doable for multiple months while I weather my personal crises.

We’ve swapped our baths for showers and DIY spa-and nail bar on Sunday nights. The cinema for Netflix movies and a £1 bar of chocolate on Saturday nights, days out are country parks and a picnic with friends. DD only goes to free village youth club and after school clubs. I only go to coffee at friends’ houses. Holidays will be visiting friends and maybe some free camping. Everything is turned off at the socket all the time, the heating is at 18°C in the morning and evening for an hour and I’ve dug out every blanket and hot water bottle we own and I light candles and we pretend it’s cosy and not a bit grim (no one should have to economise so much in a first world county, British government!) while we watch Netflix, read library books and play board games, go for nourishing walks, do utube yoga and meditation and keep the dogs on DDs bed for warmth. DD relies heavily on tik tok and our daft dogs for amusement!

Then I go to bed and cry about the electric bill and the car MOT being due next month, and wonder how much longer I have the energy to be resilient and resourceful, because I’m already so tired of it. I’ll get up and remind myself it not my worst year and keep going with grim determination. Or at least, I have so far. I think we’ll make it, but I really feel for those who aren’t so resilient, I’ve had to dig seriously deep and I know it isn’t going to be forever (for me, this is a business crisis, not a cost of living one, but if it gets any worse, we’ll have to look at combining households)

You sound very imaginative, and really fun. So sorry you are going through this, I found your post inspirational Flowers.
seekingasimplelife · 02/04/2022 16:38

Bit of an unusual one, but this became second nature for me before any big purchase, when I was working....
Take net pay monthly, deduct any costs such as travel, fuel, childcare costs, work expenses, outings and contributions, training costs.
Divide this by the number of hours actually worked each month (often much more than in the contract).
This is the 'true' take home pay per hour.
How many hours of work will it take to pay for this purchase? Is it worth it?
Thinking of money as 'hours of life sacrificed' (and therefore finite).

Other savings.. building a simple capsule wardrobe in colours that suit to match lifestyle - saves time and money on clothes shopping, and I (nearly) always know what I'm looking for.

My remoska!

Synchrony · 02/04/2022 16:38

The biggest things recently were changing to a SIM only contract and getting rid of the second car that we haven't needed since Covid.

Scottishskifun · 02/04/2022 16:41

Use the world food aisle in supermarkets often same products but cheaper. Buy pulses and rice from Indian supermarkets (more choice and cheaper). Bulk meals out with lentils and pulses.
Only have meat twice a week and go for some different cuts - pork tenderloin cooks in about 25 mins and is much cheaper.

Always shop about for everything from phone contracts to bank accounts.
Never get stuck on paying interest on credit cards switch to a 0% and try and pay off.

Do the maths myself and keep a spreadsheet of large out goings. Make the most of offers for days out

HelebethH · 02/04/2022 16:41

If you shop weekly extend it to every 8 days and use up bits and pieces in the fridge freezer for the extra meal. Instead of 52 shops a year its only 46 shops saving you 6 weeks worth of housekeeping money. This pays for our xmas. I have decided with the rise in fuel costs I am going to try and make my weekly money go 8 and 9 day weeks alternatively. If successful that will be 42 shops a year saving me 10 weeks housekeeping.

ImplementingTheDennisSystem · 02/04/2022 16:42

Don't buy into trends.
The latest gadget, Deliveroo, Hello Fresh, subscription boxes, 'must have' fashion items etc.
Just know what you like, stick to it and live simply.

SpringLobelia · 02/04/2022 16:43

@HelebethH

If you shop weekly extend it to every 8 days and use up bits and pieces in the fridge freezer for the extra meal. Instead of 52 shops a year its only 46 shops saving you 6 weeks worth of housekeeping money. This pays for our xmas. I have decided with the rise in fuel costs I am going to try and make my weekly money go 8 and 9 day weeks alternatively. If successful that will be 42 shops a year saving me 10 weeks housekeeping.
I love this tip.
LaurenKelsey · 02/04/2022 16:44

@EdgeOfSeventeenAndThreeQuarter

Although tbf, baby grand doesn’t use electricity and can be used for firewood in extremes.
Therefore it’s practical to buy one just in case it’s needed for heating the house. 😂
Foolsrule · 02/04/2022 16:45

Work out how much sooner you’d pay off the mortgage by making overpayments if you can.

Tsuni · 02/04/2022 16:46

There was a thread the other week where someone said they save money by stealing...
Hmm

nettie434 · 02/04/2022 16:46

This story makes me feel so happy! I think it's the best thing I've read on a saving money thread, ever.

Me too ilovebencooper. Thanks SpringLobelia. Avoiding Pink champagne and baby grands are excellent tips!

I am a huge fan of hot water bottles. I'm just trying to turn the thermostat down a couple of degrees. I heard Paul Lewis (financial journalist for anyone who doesn't know his work) says that a slow cooker is much more efficient than an oven which he says uses a lot of fuel.

SpringLobelia · 02/04/2022 16:46

Baby grands can also be used for evening entertainment when you cancel the tv licence and netflix.

(rather wish we had picked it up now. Never did Blush )

KobaniDaughters · 02/04/2022 16:47

Ours has def been using YNAB and paying for everything on credit cards. You link them to your budget and have it set up to pay in full every month, different cards for different things as one card gives us 3% back on fuel and another 3% on restaurants etc. if linked to your budget you never overspend because you’re constantly aware of how much you have left in each budget line and move it around if you need to (eg you go out for dinner but that means you have less to spend in the grocery budget line that month) and then cash in on all the cashback. I think we end up with at least an extra $2000 per year in cash back from credit cards and put it normally into a treat or fun fund so we can then periodically go out for dinner or book a small trip

HelebethH · 02/04/2022 16:50

@SpringLobelia
I have been doing this for 3 years now and I was surprised how easy it was to stretch the extra day into the week. Especially if you meal plan. Hope it works well for you as the savings really make it worthwhile

HollowTalk · 02/04/2022 16:55

@SpringLobelia

Never go on Amazon or ebay when drunk.

( posted under another user name once how DH and I bought a baby grand piano once when shitfaced on pink champagne. neither of us play the piano. Nor do we have room for a piano).

Reminds me of the night my friend came round and we got drunk and a few days later two "Race for Life" t-shirts arrived in the post along with sponsor forms. The t-shirts didn't even fit - they were two sizes smaller because in our drunken haze, we thought that would be the size we'd be when we did the race. Neither of us had ever run before.
Patchbatch · 02/04/2022 16:59

An air fryer! Absolute revelation here, I don't use the oven much anymore- did a whole chicken with chips in 40 minutes earlier and tastes better than stuff done in the oven imo. Also linked in so might get away with it being one tip- meal plan. I plan meals and buy cupboard stuff monthly and fresh stuff weekly, it reduces waste and saves time. I tend to do online shops so can plan according to what's on offer.