There’s no denying it, the cost of living is going up. Whether it’s our energy bills, the weekly shop or just putting fuel in the car, it can often feel like a bit of a balancing act when it comes to spending our money well. Often, all it takes is just one unexpected inconvenience; like the fridge or washing machine breakdown for our monthly finances to come tumbling down.
Some look at furniture rental or pay monthly credit plans on household appliances but there are lots of other options too!
So, here you’ll find a few money-saving tips and ideas that will not only provide a quick fix, but a long-term solution to helping you and your family save money, so in turn you can enjoy the finer things in life, like days out, ice cream at the beach and even that holiday you’ve been dreaming of!
Switching your accounts
Have you ever changed banks? Many of us are still with the same bank that we opened our very first account with – many moons ago! Shopping around for a bank account sounds odd, but many offer great rates for new customers, with some current accounts even offering cash back on certain purchases. In addition, most banks even offer a cash gift for those that switch to them! Putting money straight into your pocket!
Haggle, haggle, haggle!
Haggling isn’t just for the market place! Our energy suppliers, mobile phone and broadband providers and, of course, home and car insurance companies aren’t just going to hand over their best rate or deals. If you’re an existing customer make sure you push for the juiciest deals which seem to be reserved for new customers!
Haggling is a great way to save money, and it’s not as aggressive or pushy as it might seem. Often, just being polite and confident in what you’re asking for is enough to provide a little wiggle room. Even if the person you’re speaking to can’t give you a monetary discount, they may be able to get you add-ons or additional services added to your plan instead. You can find haggling scripts online to give you an idea of what to say or consult a website like Moneysavingexpert.com, the brain-child of ITV finance expert Martin Lewis.
When was the last time you wore that top? Or that dress you bought two years ago which still has the label on it? It’s time to be brutal with your items and sell them online!
Whether your wardrobe is overflowing, or you have some collectables or old knick-knacks stuffed at the back of the cupboard. Head to eBay, Shpock (a boot sale app), or Gumtree and start earning money!
You know what they say, one man’s trash is another man’s treasure! Just make sure you don’t accidentally throw away something of sentimental value that you might regret losing later.
Ask yourself this, do you really need a TV Licence? The BBC has just announced that it will be increasing the annual fee for a colour licence by another £3.50 to £150.50 from 1 April 2018. So many of us stream our TV and films now, scheduled TV is becoming a thing of the past.
If you can live with watching on-demand and catch-up TV channels such as ITV, C4 and 5, then maybe it’s time to ditch that costly monthly expense? Remember you’ll still need a licence to view any catch-up BBC channels!