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Money saving tips that arnt shit

58 replies

everythingis · 06/02/2017 13:59

I learnt so much from mn when I first became a lone parent and absolutely loved the recent household thread Grin. I know there's a topic for this but I want the traffic.

My most recent education has been that kondoing the house has seriously affected my shopping habits. I can't bear to buy any junk any more!

We have 4 bank accounts between us. One is a joint account we pay into every month which all bills are paid from except mobile phone contracts. This account includes food shopping. There is a set weekly food budget and any non communal or luxury items cannot be bought from it. This has kept spending and planning under control.

What else?? Grin

OP posts:
ItsSoUnfairSoItIs · 06/02/2017 16:26

My main tip is meal planning, so you just buy the groceries you need. If you have space in your garden get a raised bed to plant veggies. Onions are so hard wearing, by Autumn after they've dried you have enough onions till spring. You can buy salad leaves to plant in a few tubs that regrow. A bag of posh salad leaves is at least £1! Try and make as much at home you can. Depending on whether finances allow, join Costco as you can get stuff in bulk for cheap saving money. We bought a huge tub of ketchup & carex for example and just refill empties. Use shops like home bargains, b&m etc for some of your branded items, although you can't really go wrong with Tesco's basics in everything, especially fruit & veg. You're eating it not taking it on a date.

If you can afford too, do your shopping online, that way you don't get tempted by stuff you don't need. Evening delivery slots are £2, minimum order is £40, but we do a monthly shop for jars & tins etc. Rather than brands look to their own brands. Buy fruit & veg in person as you can pick what looks like the best.

Try and tailor meals that can be used the next day. So any left overs could be your/hubbies/DC's lunch. Be more creative with what you cook, so sausages, Tesco's own are the same as Richmonds, not the basics, their normal. You can make, try and eek things out.

If you don't bank with Halifax they give you a reward for joining, if 2 Direct Debits go out & £750 goes in a month, you don't pay charges for their reward account. That gives you phone insurance, travel insurance, breakdown cover and something else. So you save on insurances. Your whole family is covered on holiday insurance, it's a nice extra to have for saying we won't be in the EU so the EH1C card may be dormant.

So get 1 bank account, pay everything into the account and your bills out of it, then you can use the other accounts to have your own money for the month. Get a spreadsheet & work out what you spend.

If you get CTC you can get £140 added to gas account, so that ASAP if you haven't. If it's one of them dongle things they add it into that. Make sure if you pay monthly you're getting best deal on gas & electric. If you have Sky evaluate what you need, even though the thought of losing sports might kill your DP, if you ask to take it off they might do you a deal. Same with broadband, get the best deal. Phone contracts, if they're up for renewal consider going PAYG, I think it's Three where you get unlimited data, 200 minutes, 2000 texts plus 'Free to Three' calls, so if you & hubby on same provider you can call him for free. But don't go for deals where you're effectively paying monthly for a jazzy phone. Do you need the latest phone or can you make do with what you've got. There's sites which tell you where the best deals are.

Aldi is really good for booze that is less than £5 but the same as brand names. So avoid paying crazy money for branded wine, spirits & beer. Although for beer you can get deals at certain times 3 packs for £20. Look online for what premium brand tastes like an economy brand. With bread Tesco's do loaves for 50p you don't need the branded stuff. Things like pasta, rice, could cous, can be bought in bulk from Costco for a fraction of the price. Find out when supermarkets reduce foods, Monday's after 5/6pm is the best day for cheese & other bits from Tesco's. You can freeze cheese & quite a bit. So you could get reduced loaves, baps, crumpets, cakes & freeze them to defrost when you need them. It might mean having 2 freezers but it'll pay for itself. You can go to local butchers & see what they do in meat packs, that way you can get a months worth of meat for £20. Use 1 pack of mince or 1 chicken breast when cooking, you don't need to go OTT using all 4. Bag and freeze. The same with sausages, bacon etc, split into portions & freeze. Aldi is great for chocolate & cereals. But own brand cereals are fine.

If you have lots of spare time consider couponing, but only get stuff you'll use. Shampoo & conditioner, again home brands, shower gel, whatever is on offer. Tesco's razor is the same as the Mach 3 by Gillete but so much cheaper on blades. Sanitary wear, again if possible own brand, I find Tesco's 19p towels better than Always plastic ones. But it depends how heavy you are. But tampons are pretty much all the same. Kitchenrolls own brand, tissues the basics, toilet roll I think is 9 rolls for £4.

Buy what you need not what you want.

Clothes, evaluate do you need a new outfit or can you jazz up what you have. Primark is good for vest tops & short sleeve tops. Don't be tempted by sales, it's usually old stock. For your wardrobe consider staple items you need. Look around charity shops on a day off alone, gauge which is the cheapest. Then set up a wardrobe with staples of certain clothes, then you can mix & match. Sainsburys do decent men's t-shirts & kids clothes as do Primark for men's & girls stuff.

For birthdays buy the cheaper cards in Card Factory, for kids parties the 10 for £1 ones are good enough. Post Christmas try and get next years cards and wrapping paper. For Christmas don't blow yourself crazy, buy things the DC's need as stocking fillers. Search through charity shops for quirky gifts. Books go pretty cheap and most aren't even read. Try and limit what you spend on each DC. They're not going to be traumatised if they don't have a mountain of presents. Buy for Xmas & Birthdays what they want within reason, not a million things they'll never touch. Same in charity shops or fairs like school fairs / charity fairs, you can pick up unused stuff. If you have friends with older kids, see if they have spare costumes you can borrow.

You should try and put some money aside for savings. It's better to pay with cash than struggling with credit. This goes for electrical stuff, Even the next family car.

Make sure you get all money you are entitled to. Savings you may as well put in Post Office bonds as you have a chance of winning with them and your money is safe.

Depending on how much you earn, you should look to have as much spare as you can, for holidays, birthdays, Christmas, electronic failures like a new Hoover or washing machine.

We are a family of 4, including mortgage, ctax, bills, food, it's roughly under £1000 a month. I think even £800! So it can be done.

The main thing is ok your fridge won't look like an advert for a chain supermarket but you'll have the food you need. All the ingredients for Shepherds pie can make 2/3 adult meals and then 3 frozen children's meals. I don't think I said, it's tempting to buy ready meals, or stuff from the canteen but you'll save so much doing it yourself.

Hope this helps

Teasgonecoldagain · 06/02/2017 16:27

Also if you get your food shopping delivered online, I use mysupermarket.com where I find I can really scrutinise prices much easier than the retailers own websites, you can sort by price per unit which you cannot do on Tesco / Asda so you know you are getting the best value on items.

They also have a savvy buys section which shows products which have been reduced by at least 30%? ish so you know when an offer is actually a good deal or not. I have used this website for a couple of years and it has really helped us save. You can also compare how much the same basket/individual items would cost in the other supermarkets.

You can do all your shopping the same by linking your online Asda/Tesco/Sainsbury account, when you are finished it 'sends' the basket to the retailer page and you checkout from their site as you normally would.

TinselTwins · 06/02/2017 16:28

Make sure you're getting your treats too

If I feel deprived and then have a bad day on top of it I'll probably go and blow £15 on "treats" in starbucks.

If I have a coffee flask and nice flavoured coffees from the supermarket, I won't.

account for your treats in your weekly shop, it'll make your weekly shop go up slightly, but ends up so much less overall than going "fuck it I'm fed up of being good" midweek and going and impluse buying yourself stuff

ItsSoUnfairSoItIs · 06/02/2017 16:36

Entertainment, need over want.

So each child can do 1 or 2 activities each that's it. Family days out don't need to break the bank. You can get away with spending petrol money and an ice cream with reservoirs, nature reserves, lots of events that are free.

If in particular you like stately homes buy a family NT membership.

If anyone is disabled remember the cater usually gets in for free.

Date night doesn't need to be at the cinema, you can get Netflix or Amazon Prime & watch movies that way.

Look for local events that are cheap. It could be a charity event or something like that.

You don't really need a gym membership, but if you insist research the cheapest gym. Haircuts research prices again & any extra charges for long hair if you or DC have long hair. You don't need a total rebrand every 3 months. You can do your own eyebrows, nails, pedicure.

Boots after Christmas you can get the Sanctuary sets half price which is like a spa in a box. Also use times like that to get random presents for family.

My mindset used to be, I have money, best spend it. It's so much better and you feel so much better when you change your attitude.

All the spare cash building up too is rewarding.

Holidays don't have to break the bank. Look at holiday cottages around the UK. Cornwall & Devon are really nice in the summer months.

The biggest thing is realising memories cost nothing.

I know I sound really tight, but when you can pay for things out right without having to worry about repayments is such a good feeling. It's yours to keep.

It's about changing your mindset, anyone can do it.

ArchNotImpudent · 06/02/2017 16:44

We've saved money over the years by buying a hair clipper to trim DH's hair. I only bought it because he once needed an emergency haircut on a Sunday, but when we saw the results were identical to the barber's version of short all over, we carried on using it. It cost about £12 so it paid for itself in the first two haircuts.

EatMyGoal · 06/02/2017 16:49

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SaucyJack · 06/02/2017 17:00

I save money by doing more frequent shops at smaller "local" supermarkets. That way I just buy the basics that I need, rather than loading the trolley up with a weeks worth of extra treats- plus whatever clothes and homewares catch my eye.

Lidl is good for no-frills shopping if you can keep away from the aisle of random tat in the middle, and more often than not there's always some good bargains to be found in the Co-op's reduced section.

CaveMum · 06/02/2017 17:01

Yes gambling your way out of debt always works Hmm

AdaColeman · 06/02/2017 17:24

Always keep a carton or two of long life milk and either bread in the freezer or bake at home bread in the store cupboard, no more need to dash to the shop for bread/milk.

Not only will you save yourself time, but those trips always cost you more as you almost always impulse buy other items.

horizontilting · 06/02/2017 17:31

Try YNAB.

The first 30-odd days are free.

You start spending in line with your priorities. Life-changing.

horizontilting · 06/02/2017 17:35

Sorry, that would be You Need A Budget. Takes in many of the good practices above.

EZA15 · 06/02/2017 17:36

Is that an app horizon ?

teenmumandsowhat · 06/02/2017 17:40

I have a little tin on the kitchen windowsill, and every night I empty my purse and put any silver change into it. Then I always have emergency change for; bus fare/ dinner money/ pint of milk etc.

I also have 2 money boxes, the kind you open with a tin opener. I put £5 a week in each. 1 tin is for Christmas/ holiday fund. The other is emergency funds. Just In
Case anything goes wrong and I have a big bill to pay.

Mollyboom · 06/02/2017 17:42

What really worked for me was not having a debit card. I had a basic cash withdrawal card. It is amazing how psychologically handing over cash stops impulsive spending. Yes it is a hassle but I tried to draw a set amount out for the week and then when it was spent no more. I'll give you an example, a coffee and cake on Costa is somewhere about £4-5 with contactless you just tap this away, but handing over the cash from your purse you realise how expensive this sort of shit is. I saved a shed load this way and began to appreciate the cost of things again, down to the pence.

Graphista · 06/02/2017 18:24

Date nights (prompted by a pp as I'm single) - don't have to be at the weekend, cinemas, theatres and restaurants are often much cheaper mon-wed (my local cinema 2-4-1 Monday's) plus easier to get a sitter and tables and more romantic if not mad busy like at weekends.

Branded goods - only buy the non perishable ones when on offer. Where I used to live had a Tesco, Asda and morrisons I noticed the offers tend to rotate between them. I have certain favourites as I'm sure many do - never pay full price

SillySongsWithLarry · 06/02/2017 19:04

Don't spend money you don't have on things that you don't need. Second hand and handed down is great. You don't need store cards, buy now pay later or debt options when what you have already is perfectly adequate.

If I learnt this 10 years ago I'd be so much better off now. Thankfully I am free of all the debt but it was a long and horrible journey to get there.

everythingis · 06/02/2017 19:10

If you have small dc don't risk leaving the house for more than 10 minutes without a snack and a drink. It's not worth the whining!
Have non perishables always in the cupboard for this purpose - those yoghurt fruit flakes/rice cakes/you get the idea.

Don't teach the kids brand loyalty. My kids have the yoghurts that are on offer that week same goes for cereal and all sorts.

OP posts:
everythingis · 06/02/2017 19:14

I getting really strict with the dc clothes this year. They will have planned wardrobes for outside school because I'm terrible at splurging in their clothes. Not worked it out yet but it will be something like 1 party outfit, 1 country walk outfit (jeans/cords and sweatshirt), 2 lots of weekend play clothes and that's pretty much it

OP posts:
punkpuffin · 06/02/2017 19:25

I'm a charity shop addict. I needed a new pair of jeans as my fat theighs rubbed a hole in my only blue pair. Found some in perfect condition and super comfy for £1 in a charity shop. Normally I would have spent £20+ on a new pair.

EatMyGoal · 06/02/2017 19:26

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CheckpointCharlie2 · 06/02/2017 19:36

Great post unfair

CaveMum · 06/02/2017 19:44

"Risk free" - ain't no such animal!

I work in horse racing, I've seen the damage matched betting, spread betting, and the ilk do to people's lives.

everythingis · 06/02/2017 20:54

I can't do charity shops I buy things I don't need!

OP posts:
TroubleinDaFamily · 06/02/2017 21:10

Make a list and try and stick to it, when you get to the check out load the stuff that wasn't on the list first and ask for a subtotal. Very sobering.

You need less detergent than you think.

Chick peas and a tin of good quality chopped tomatoes served over rice, can make a very good and very cheap dinner.

Fill up your water bottles. # natch

Packed lunches for Legoland and the like and a large bag of chips for sharing on the way home. #treat

We moved north south and quadrupled our mortgage, we should have been mortgage free years ago but it was worth the move, anyhoo I digress.............. You won't always be broke, it won't always be tight and when you get there, it will taste all the sweeter.

Oh and my favourite.................Put a jumper on. Grin

TroubleinDaFamily · 06/02/2017 21:11

Chicken thighs in a slow cooker with the omnipresent tinned tomatoes and some curry paste is fab.

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