Mrs MummyPenny – Personal Finance Expert
A business founded by Lynn Beattie in 2013. Mum of three boys living in Hertfordshire.
She left the corporate world in June 2015 to launch Mrs MummyPenny. Prior to setting up the company, she worked for 16 years in commercial finance roles with EE, Tesco, and HSBC. She qualified as an ACMA management accountant in 2002, shortly after finishing her mathematics degree from Brunel University.
She helps millions of people to save money in the day-to-day now and for their future financial freedom.
Do not be fooled into thinking this was easy. Creating a successful business took years of perseverance and determination. Years of building trust and relationships with readers, followers, and business partners. To all of whom I am eternally grateful.
My Most Read posts
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 the creation of a budget spreads is too much, I have done all the work for you! Click here for a budget sheet from my google drive. For more detail check out this post
Cancel All Non-Essential Direct Debits
Go through your direct debits and cancel everything that you don’t need.
Get a Better Deal on your Essential Direct Debits
Next, get better deals on all of your essential direct debits.
When is your contract end date? If out of contract you can switch and save, very few companies reward you for loyalty. Can you get a better mobile phone deal or broadband deal? Can you save on home, car, life, or pet insurance? Lock in a fixed-rate mortgage deal, maybe with another bank for a better deal.
(All of these links are affiliate links where you and I split the referral fee, Trussle Mortgage broker is £200 each for example)
Set up a cashback account
Whenever you buy anything online buy it through your cashback account. You will then receive a % of your spend back in cashback which you can transfer into your bank account or transfer into online vouchers. I use Topcashback (click on this affiliate link to set up an account) which offers the highest payout rates. I have earned £6k in ten years in cash back. This comes from online spending such as mobile phones, insurance, children’s clothes, and even pizza. 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 the community as you’re sharing with local folk. I set up a page for my village which I admin, with 10k members. It is a great way to buy and sell second-hand stuff. It works brilliantly for children’s stuff and large furniture. Sell clothes and brands on eBay or Vinted. Sell books on WeBuyBooks. Sell tech with Vodafone for cash or credit on your bill. Decluttering and making money is a Win-Win!
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 for free.
For more information on working with me please go to Work with me