My name is Lynn James, mum to Dylan 8, Josh 6 and Jack 3. We live in Knebworth, Hertfordshire and I am the MD & Founder of Mrs Mummypenny. I left the corporate world in June 2015 to run Mrs Mummypenny, a personal finance & lifestyle brand. I worked for 16 years in various commercial and finance roles for companies like EE, Tesco and HSBC (where I qualified as an ACMA management accountant). I took the risk to run with Mrs Mummypenny and it has paid off. I am happier, have more flexibility and am in control of my own destiny.
I launched Mrs Mummypenny in 2013 whilst on my last maternity leave with Jack which I kept going as a hobby when I returned to full time work. I have always loved sharing my money saving tips with friends, so thought why not learn how to build a website & social platform and go for it
I strive to provide you with impartial advice on personal finance ensuring you get great value from every pound spent. I write about anything from a freebie family day out to how to swap your utilities to how to budget & simplify financial admin. I also write about lifestyle including beauty, fashion, travel, cooking and London/Hertfordshire life all with a value for money perspective.
My most popular posts include How I saved £7500 in 6 months , How to Complain to Npower and How to survive the Salary drop when you go on Maternity Leave.
Personal Finance Top Tips
Here are my top personal finance/money saving/budgeting tips to help you get started on your money saving journey.
Create a realistic budget
Excel is always great for setting up these kinds of things. Write down everything you spend money on create a budget and stick to it. Keep a check on it every couple of weeks or once a month to look at where you are spending your money and on what. You can then assess where you are spending too much money and where savings can be made. If you need a budget spreadsheet email me at firstname.lastname@example.org and I will send it to you. For more detail check out this post
Set up a cash back account
Whenever you buys anything online buy it through your cash back account. You will then receive a % of your spend back in cash back via your cash back account. I like Topcashback (click on this link to set up an account) who often seem to offer the highest payout rates. I have earned £1500 in 3 years in cash back. This is from all sort of spending like holidays, insurance, mobile phones, Groupon purchases. Anything bought online
Sell for free
Use free selling pages on Facebook to sell unwanted stuff in your house. This will save you on fees and postage costs and gives a little back to community as you’re sharing with local folk. I set up a page for my village and I admin it, this now has 2500 members and is a great way to buy and sell 2nd hand stuff. Works brilliantly for children’s stuff and large furniture.
Save without giving up the things you love
Saving money doesn’t mean you have to give up the things you and your family love. I will always find a way of doing things for less money or free.
My boys love playing football so a trip to the park is forever free. They adore the local splash parks that can be found in most big parks like Fairlands-Stevenage, Letchworth & Royston. It’s important that my children understand the value of things and how much things cost. Its important to know their football boots cost £25 and this means that they must be looked after.
It’s the little things
I write a to do list for the day befor I settle down to do any work in the morning. This will normally include a money saving task or two to sort out the next day. All the good tips I find for myself I share with my likers on my Mrs Mummy Penny Facebook page and Twitter/Instagram via @mrsmummypennyuk. I regularly check my current/joint account balances and switch money around to avoid any interest charges.
For more information on working with me please go to Work with me.