I love saving money and living frugally. It’s become second nature to me as I’ve really struggled with my finances in the past, but to have it make a real impact on my finances it needs to be a long term thing. After all, sticking to a diet for a week has no impact – you need to stick to it for the long term to see any real difference!
The great thing about the world we live in today is that there are loads of great ways of saving money which don’t feel like a sacrifice or that you are depriving yourself. In this post I’m going to share some top tips you can implement which are quick and easy, but over the long term can add up to make a real difference to your finances!
I have switched to Aldi, but I know some people who prefer Lidl. Check them both out and see which is more convenient for you – but the first time you do a big shop there you will be amazed at the price, and I’m always very impressed and happy with the quality of food and other items.
Cashback sites such as Quidco and Top Cashback offer money back on a wide variety of purchases at a big number of retailers. All you need to do is join up for free, and then visit the retailer’s site by using the links offered on their website. This can be a great way of making money back on items you were going to be buying anyway!
Saving money on your utility bills can be as simple as contacting your provider and checking you are on the best tariff. Switching provider might be an option as well – and you can use a comparison site to check which provider can offer the best deals for you and your family. Being more environmentally conscious will also help – so making sure that you turn lights and electrical devices when you leave the home or room. Also consider getting a smart meter – as that makes it easier to track your usage.
Never let things auto renew, from insurance, to mobile phone tariffs. Make sure you know when the end of your fixed term or minimum contract is and shop around for the best deals prior to that period expiring, so you can switch on that date and not waste money.
Coupons and discounts – there are loads of coupon sites available, so it is always worth searching online for a deal or discount prior to making a purchase. You can look for coupons and discounts for anything and everything from take away meals, through to holidays and large electrical goods.
These are just some of the great ways of saving some money on a long term basis. Adopting these is simple and will save you money in the long term. If you are interested in saving more money, another thing you could try doing is trying to earn extra money so you can put more money aside into savings as well. You might want to consider picking up extra hours at work, or trying a side hustle such as completing surveys or doing mystery shopping. Mystery shopping is another great way of saving money – as you get paid for your time, and quite often get to keep the items you buy, meaning another great way of making money back on purchases!