Tips for saving money

[Lookingaround123]

…..daily and for quarterly bills etc.
Any tips? Going to try and cut back for a bit.
Thanks!

A heated blanket/throw. I got one for wearing when WFH & I've not had to put the heating on most of the day.

Also, taking a set amount of cash out each week for the food shop & general spending instead of carding everything. Easier to track as when it's done it's done!

Eggs on toast type meal, once a week.

What are you currently spending money on? There was a poster a while back who in one thread was saying she was completely broke, had no money to spend on her children etc. and in another thread she was drinking a bottle of wine every night.

Monzo pots for annual spending. You can make up these pots and put money aside into them with a goal. Eg car insurance

I don’t drink alcohol so not on that!
Just everyday living

Delete all.shopping apps and go cold turkey for 2 months on non essentials.

Online shopping put in baskets or make shopping lists then close the browser/ app.

Only spend money on something you will use in the next 7 days. This helps when going through the middle aisles in Aldi and lidl.

Really cheap but healthy meals a few times a week. No junk.

Cut down all your tv subscriptions to one. Then swap it for another when you've watched everything you wanted. Keep doing that with different subscriptions.

Cut down showers to a few minutes

Don't spend any money going out but go out to free places as often as you can. It's important not to feel bored and demotivated when you're saving money.

Exercise at home or go for walks. The endorphins stop you feeling low about having to save money.

Find a free course on Udemy that could help you increase your income. Maybe something work related or something hobby related that you could make some money from.

Can you increase your income any other way? Sell stuff? Find what people call a 'side hustle'. Google for ideas.

LaWench- loving those ideas!

Re a Side hussle- was thinking of selling stuff on gumtree. I seem to remember from years ago that you have to put things on pretty cheap!?- but I could put a lot of items on.

Give us a clue where you are spending to much. Easy to cut back if spending £300 on food less so if it’s £50.
What Direct debits are strictly not essentials but nice to haves?

Look at your outgoings and cut things back bit by bit. I think unless you're broke and desperate it's going to be shocking and depressing to suddenly lose access to e.g. Netflix, Amazon Prime, Spotify and Branstons beans in one fell swoop.

Look through your storage and sell things you no longer use, want, or need to raise funds.

Don't eat out, only eat at home

If you do feel the need to go out, have a filter coffee

Seeing as you've given no detail, there's no point giving actual tips as I have no idea of your starting position.

However, Moneysaving Expert has a systematic guide so have a look at that and do everything that is relevant. If you reduce your spending in a few areas, it will free up quite a lot of free money.

https://www.moneysavingexpert.com/family/money-help/

Definitely reduce the frequency of food and drink out of the house, including coffees/lunches and takeaways, if you do this a lot. It's almost always massively more expensive than the same food at home.

If you spend on takeaways, get supermarket meal deals instead, still a bit of a treat and don't need to cook, but much cheaper than a takeaway.

Stop buying take out coffee.
Make packed lunch.
Remove a few light bulbs.
Switch the tap off while brushing teeth..
Shorter showers..
Don't leave microwave clock on.
Sell dc.
Rehome dpets.
Ltb.

You need to do a budget first then transfer a set amount to saving on payday.

To budget Three lists, monthly DD, monthly spending(food, travel, gifts clothes beauty, healthcare, kids clubs, treats etc ), annual (birthdays, Xmas holidays car service etc l) what you have left is your saving money

Definitely the last three